Blog: The just-drinks Weekly Round-Up
Olly Wehring | 28 April 2014
On just-drinks last week:
- The release of Heineken’s Q1 figures on Thursday gave us the chance to drill down into the company’s current performance. It was almost three years ago when Heineken’s CEO flagged up the importance of Africa to its future plans. “What Brazil is for Anheuser-Busch InBev,” Jean-François van Boxmeer told me, “Africa is for Heineken.” So, how is the region - led by Nigeria for Heineken - bearing up for the brewer?
- Pernod Ricard, meanwhile, reported Q3 and YTD sales on Thursday (it was a busy day) that - yet again - highlighted the headaches being caused in China. But, away from the grim headlines, the wine and spirits company has been gaining plaudits for its broader footprint. And, that’s something Remy Cointreau would probably kill for.
- Staying with Pernod, the firm made a surprise purchase last week, in the form of Kenwood Vineyards in the US. For details on what it is that Pernod has bought,click here. Does the purchase mark the start of a wine shopping spree for Pernod? Also, we welcomed back a familiar face last week, with Troy Christensen, formerly of Constellation Brands and Accolade Wines returning to the wine fold.
- Finally, it looks like PepsiCo isn’t the only soft drinks company in disagreement with a rogue - albeit high-profile - shareholder. While CEO Indra Nooyi has found herself in the position where she needs to remind folk that she’s “still in the chair”, The Coca-Cola Co will be hoping for less drastic measures to calm Warren Buffett. The company’s biggest shareholder abstained from a vote on Coca-Cola’s executive pay plan, deeming the numbers involved “excessive”.
In the latest of his consumer trends articles, Ben Cooper highlights the potential still on offer for drinks companies from the Baby Boomers out there....
Could it happen? According to this report, a section of the beer community wants to ditch the word craft. They prefer instead the term “Indie” for brewers they believe follow the enlightened path of t...
Having considered the trends that are set to shape the year ahead for the wine category yesterday, Euromonitor now takes a corporate view on what 2016 will look like in the sector....
The global elite were in Switzerland last week for the World Economic Forum in Davos, the annual corporate huddle for the rich and powerful. The CEO of The Coca-Cola Co, Muhtar Kent, was there too, de...
Earlier today, Pernod Ricard reported a 7% rise in sales in the six months to the end of December. Here's a look at the performance of the company's major spirits, wine and Champagne brands in the yea...
With The Coca-Cola Co stealing yesterday's limelight with its new united marketing strategy for brand Coke yesterday, a Forbes interview with PepsiCo North America Beverages' new CMO, Seth Kaufman, sl...
Carlsberg has confirmed plans to build an eighth brewery in India, as it lays claim to the number two beer brand spot in the country for Tuborg....
It is a bold attempt to regain a measure of control in the ever-spiraling debate about sugar. But will The Coca-Cola Co's new marketing strategy - which for the first time ties all of the Coke family ...
- Pernod Ricard 's first-half results - Preview
- Pernod Ricard's H1 performance by region - Focus
- Carlsberg's Q4 & full-year results - Preview
- Carlsberg's full-year performance by region
- Heineken's FY performance by region - Focus
- Asahi Group lines up Grolsch, Meantime, Peroni buy
- Diageo completes wine category exit in US
- Beam Suntory targets Kenya with Edrington/FIX
- SABMiller's Europe chief to join Britvic board
- Pernod Ricard targets US through unit, exec switch