Blog: The just-drinks Weekly Round-Up
Olly Wehring | 4 August 2014
On just-drinks last week:
- The clouds gathered for Diageo early in the week, when analyst consensus ahead of the full-year results announcement suggested a tough Thursday for the spirits giant. And, so it was: CEO Ivan Menezes conceded that Diageo had endured a “tougher than expected” fiscal-2014, while one analyst went so far as to describe the performance as a “nadir” for the group. Our full coverage of Diageo’s results can be found here. Elsewhere, in spirits, we bade farewell to one of the category’s stalwarts, Krzysztof Trylinski from France’s Belvedere. After all he’s been through, we wish Trylinski all the peace in the world for his next incarnation, whatever that may be.
- While the world’s biggest spirits company spent the day squirming on Thursday, the world’s biggest brewer spent the day preening: Anheuser-Busch InBev’s figures for the first half of 2014 made for upbeat reading but, strip out the one-offs and the performance looked good, but not quite that good. Head over here for our full coverage of A-B InBev’s numbers. And, in a busy week for the brewers, we consideredwhat the impending departure of Molson Coors’ CEO could mean for ‘Mega-Merger’, while Larry Nelson highlighted the importance of getting the name of your beer brand absolutely right.
- For you wine folk, we have an excellent interview with the owner of New Zealand’s Te Pa Family Vineyards, Haysley MacDonald. Also, after Castel unveiled the first wine from its Ethiopian operations, Ben Cooper looked at what this move suggests for the industry on an environmental basis. Head over here, meanwhile, for a closer look at Rabobank’s latest quarterly look at the drinks industry, which last week shone the spotlight on wine consumers.
- Finally, a grim week for soft drinks saw SodaStream post a poor return in the first half of the year, while Cott Corp saw its profits slip into the red as sales also fell. Maybe I can help?
Bacardi has expanded its rum portfolio with the acquisition of Banks, a "super-premium" range that sells just 6,000 cases a year. The company announced the transaction today but did not release financ...
Frank Sinatra liked a drink. He was famous for it. ...
Want to know how to make it to the top of the beverage business? According to Muhtar Kent, it's all about the networking....
A red sticker to a shopper is like a red rag to a bull. And as the masses charge at the deals, UK off licences and supermarkets are finding new and novel ways to entice the herd. ...
To celebrate its 250th anniversary, Cognac brand Hennessy is trumpeting a virtual time capsule, making a parallel between it and a barrel of Cognac....
- Rekorderlig Deal Sees Molson Coors Miss Out
- Comment - Diageo CFO to North America? Do the Math
- 5 reasons why Constellation's Meiomi buy works
- Hail Marie Brizard: But, For How Long?
- Constellation Brands basks in beer glory
- Bacardi buys Banks rum
- Diageo ditches Shui Jing Fang plans in China
- MillerCoors changes CMOs with immediate effect
- Diageo turns to W Ice in South Korea
- C&C Group chairman backs CEO amid turmoil