Blog: The just-drinks Weekly Round-Up
Olly Wehring | 10 February 2014
On just-drinks last week:
- Anheuser-Busch InBev went shopping in the US craft beer aisle, with the purchase of Long Island-based Blue Point Brewing Co. Could the move, which follows the acquisition of Goose Island in 2011, mark the start of a more-concerted push by the global brewer into the burgeoning segment?
- Following the release of data late last month showing that China is now the market leader for red wine consumption, regular commentator Chris Losh took a closer look at the country and found that the Chinese pessimism infecting international spirits producers should not stretch to wine.
- Diageo has gone toe-to-toe with Bacardi in the US, with the launch of Captain Morgan White Rum. Can we expect Bacardi to get its chequebook out as a result? Staying in the US, Beam Inc released its full-year results on Wednesday, and toasted a surprisingly strong final quarter of the year. Here's a breakdown of the company's performance by region and by brand.
- The Coca-Cola Co lined up what it claims is a game-changing move by buying into Green Mountain Coffee Roasters last week. The deal gives Coca-Cola the right to use its branded beverages in Green Mountain's Keurig Cold at-home beverage system, a situation thatmarket-leader SodaStream welcomed as validation of its business model. Will they be saying the same thing in five year's time?
A quick flag of a new report in the just-drinks research store. Click here for more details on our 'vodka flavours review', which looks at the rise of the flavoured vodka sub-category, and considers what the future holds for this until-recently booming segment.
Today is SABMiller's final day. Some time this evening, Brussel's time, the second-biggest brewer in the world will be subsumed into the biggest, creating a beer behemoth of unprecedented proportions....
No, this is not PepsiCo's new ad slogan for its Mountain Dew brand....
Major wine players flocked to China ready for online giant Alibaba's 9.9 Global Wine and Spirits Festival, which took place on 9 September....
In May, Heineken's CEO, Jean-François van Boxmeer, called Vietnam the "poster child" for international beer thanks to strong demographics and growing demand....
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