Blog: The just-drinks Weekly Round-Up
Olly Wehring | 2 September 2014
On just-drinks last week
- In spirits, Pernod Ricard released its full-year results on Thursday, with sales and profits both falling. Our full coverage of the numbers can befound here. The company also gave further details of its Allegro cost-saving project, a move that, some analysts suggest, could signal a new beginning for Pernod. Also last week, Brown-Forman forecast a healthy full fiscal-year,despite slowing growth in its first quarter. Meanwhile, another senior departure at Bacardi prompted me to round up the company's HR runaround of late. And, it's been lively.
- Our soft drinks readers will enjoy Tom Vierhile's look at the NPD activity in the cold-pressed juice sector. The full round-up of Tom's NPD reviews can be found here. Ben Cooper, meanwhile, took his monthly consideration of sustainability in the drinks industry to the tax arena, specifically renewed attempts in the US to raise taxes on full-sugar soft drinks.
- The wine folk among you may be interested in our latest global market review of the Champagne category. The report, which was published last week, features profiles of the top 13 Champagne houses and includes sales forecasts to 2014. For a taste of the report, click here.
- While it was a quieter week for the brewers - the only major news was that Molson Coors confirmed the appointment of a CEO for its European unit and SABMiller pulled in US$1bn from the sale of its stake in Tsogo Sun Holdings in South Africa - Larry Nelson shone his spotlight on the global beer brands and asked if the days of big being better are over.
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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