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.
Some people in India believe alcohol should be more difficult to purchase. Last month, the state of Bihar halted all alcohol sales as its chief minister made good on an election promise. ...
Greetings from Zurich. Here as a guest of Heineken's Amstel brand, I'm due to sit down later today with the group's senior global director for international brands, Walter Drenth....
Drinks companies spend a lot of money on trying to predict trends. At last night's Worshipful Company of Distillers City debate, any strategists in the audience got a bit of forecasting for free....
I'll admit to being partial to an Aperol Spritz now and again, more usually in the summer months, sitting outside, shades on, slowly turning more golden/rusty....
- Industry is following the pack to patriotic party
- The category today - Scotch Whisky I
- Today's Market Trends - Scotch Whisky II
- Key Brands Performance - Scotch Whisky IV
- Tomorrow's Market Trends - Scotch Whisky III
- Brown-Forman shuffles director pack
- Diageo unveils first European Johnnie Walker House
- Spirits can fill music industry gap - Jagermeister
- Wm Grant redesigns Glenfiddich 21yo Gran Reserva
- Diageo's Smirnoff Red, White & Berry - NPD
- Global RTD insights - market forecasts, product innovation and consumer trends
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Soft Drinks Global Overview: Growth Opportunities Between Category Lines
- Adultifying Soft Drinks; Capitalizing on rising adult demand for non-alcoholic beverages
- Consumer and Market Insights: Wine Market in China