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.
Here's a round-up of the top stories on just-drinks last week, featuring Carlsberg, Heineken, Coca-Cola Amatil, California's winelands and Cognac....
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The Coca-Cola Co's Keurig Cold machine won't be out until next year. But co-developer Keurig Green Mountain has given us a taste with the unveiling this weekend of another at-home beverage platform, t...
It's a bank holiday here in the UK on Monday (25 August). just-drinks' team will be taking a well-earned lie down. ...
Poland is hardly noted for its cider consumption, but all this could be about to change. ...
- just The Preview - Pernod Ricard's Q4 & FY
- Comment - Hybrid Spirits: Innovation or Laziness?
- CCA - Coca-Cola's Canary in the Mine
- Comment - Another One Bites Bacardi's Dust
- Brown-Forman's Q1 Performance by Region, Brand
- Mast-Jägermeister targets UK off-trade boost
- SABMiller exec to become CFO at Beam Suntory
- Brown-Forman unveils Jack Daniel's UK push
- Bacardi announces CFO switch
- Champagne will not regain lost ground until 2018