Blog: The just-drinks Weekly Round-Up
Olly Wehring | 3 February 2014
On just-drinks last week:
- We started to see the number of headaches affecting our industry start to get out of hand: The latest company to develop a migraine was Treasury Wine Estates. Much as Treasury has flagged its problems of late in the US and in China, things got an awful lot worse last week, when a suspension of trading on Tuesday was followed by a profits warning the next day. Sure enough, shareholders were not impressed. Can Treasury’s tough times get any tougher?
- In spirits - and beer, and wine - Diageo hogged the headlines, first with the purchase of a further addition to its Tequila portfolio and then, on Thursday, with the release of a soft set of half-year numbers. Much as the analyst community found nothing in the numbers to cause too much longer-term concern, the company’s announcement of a savings programme for the years ahead may cause sleepless nights for some of its employees in the coming weeks.
- SodaStream continued to milk its self-positioned ‘plucky upstart’ status ahead of yesterday’s SuperBowl with the release of an ad that - once again - was blackballed by the event’s broadcasters. Hats off to the company for securing the services of someone as high profile as Scarlett Johansson as a global brand ambassador, but how much longer does it intend to push its wares by poking its rivals?
- The brewing industry said its final farewell last week to Graham Mackay, theformer CEO of SABMiller who passed away late last year. Ahead of a memorial service in London on Friday, which was attended by the CEOs of both Carlsberg and Heineken, our beer commentator, Larry Nelson, looked back at the career of a major shaper of today’s brewing landscape.
Finally, we invite you, dear just-drinks subscriber, to peruse this month’s management briefing, which sees Euromonitor consider what 2014 has in store for the global drinks industry. And, if you’re not yet a subscriber to just-drinks, head over here to rectify that, post-haste.
The camera soars low over fields of spiked agave plants, past workers toiling under the hot Mexican sun. You turn your head as you drift into the hold of a truck. Suddenly you're in a bustling Tequila...
Carlsberg's Russian unit may be grinding down the gears, but its UK marketing team is proving to be no slouches. ...
The Coca-Cola Co has promoted its North American head as the regional unit faces up to switching consumer trends....
On Monday, 4 May, just-drinks will be closed, as it is a public holiday in the UK....
To London yesterday evening for what turned out to be quite a treat of a whisky tasting....
It seems even 250-year-old Cognac houses want to be like Google these days....
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- Global Tequila insights - market forecasts, product innovation and consumer trends research
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- ALDI 2015: Radically transforming Anglo Saxon grocery markets
- Diageo plc (DGE) - Financial and Strategic SWOT Analysis Review
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research