Blog: The just-drinks Weekly Round-Up
Olly Wehring | 27 January 2014
On just-drinks last week:
- We started with a bang on Monday morning, when Anheuser-Busch InBev said it had agreed to buy back Oriental Brewery in South Korea, almost five years after it sold the company to private equity group Kohlberg Kravis Roberts & Co. At first sight, this looks like a strange purchase: sell for US$1.8bn and buy back for $5.8bn? At the very least, however, the move shows how far A-B InBev has come since 2008.
- Things appeared to be going from bad to worse for Remy Cointreau: No sooner had the company's CEO handed in his resignation earlier this month than the head of the group's Remy Martin Cognac division called time on his tenure. The surprise announcement may not have been that much of a surprise to the company, however, who confirmed the appointment of a replacement at Remy Martin earlier this morning.
- In soft drinks, it would appear that any carve-up of PepsiCo is now off the table. Nelson Peltz, the shareholder that had been pushing for a split of PepsiCo's food and beverage businesses, said last week that he would "rescue" himself from discussions over the company. While this may mark the end of the matter as far as PepsiCo's board are concerned, will shareholders be able to shake the worm from their ear?
- In wine, the latest figures out of Australia make for pretty bleak reading, with sales of the country's wines in both value and volume terms stuttering in 2013. Oh well, at least it gave the adjective "challenging" the chance to grab some air.
Heineken is gearing up for a product launch in Australia this month. But exactly what the product is, the brewer is not saying....
It's Summer in the northern hemisphere and the beer festivals are in full swing. Even the famously secluded North Korea is letting its regulation-cut hair down with the Taedonggang Beer Festival, name...
Drinks companies that use celebrities and influencers to endorse products via social media could be in line for some rule changes....
A couple of months ago, US-based Saltwater Brewery developed 'edible six-pack rings' in an effort to curb threats to wildlife....
- Craft spirits shake-out will be just the beginning
- How Treasury is rewriting the rule book - Comment
- Drinkable yogurt - The next drinks opportunity
- The decline of the flagship beer brand - Comment
- Coca-Cola India suspends bottling operations
- Diageo brands need "fixing and nurturing" - TWE
- SAB shareholders granted AB InBev vote split
- Craft Brew Alliance poised for AB InBev takeover?
- Diageo revamps Gordon's gin bottle in UK
- Diageo's Guinness Rye Pale Ale - NPD
- The Next Seven Big Beverage Markets
- Global rum insights - market forecasts, product innovation and consumer trends
- Carlsberg AS (CARL B) - Financial and Strategic SWOT Analysis Review
- Global RTD insights - market forecasts, product innovation and consumer trends
- Adultifying Soft Drinks; Capitalizing on rising adult demand for non-alcoholic beverages