Blog: The just-drinks Weekly Round-Up
Olly Wehring | 18 November 2014
On just-drinks last week:
- Carlsberg kicked things off on Monday with the release of its year-to-date results. As expected, the company's bottom line was hit - yet again - by continuing struggles in Russia. But, could Carlsberg's travails in the country be less bumpy going forward? Full coverage of Carlsberg's results can be found here. In SABMiller's half-year results,which dropped on Thursday, CEO Alan Clark flagged brighter prospects for the company's soft drinks operations in emerging markets. Could this choice of direction have been influenced by the news last week that Chile's CCU is looking to move into the beer category in SABMiller's key market of Colombia? For a full round-up of our coverage of SABMiller's latest numbers, click here.
- The fallout from Diageo's decision to drop Bushmills Irish whiskey in favour of Don Julio Tequila continued, with our regular spirits commentator, Richard Woodard, wading into the matter. Is the company's swap-deal with the Beckmann family little more than an attempt to make the best of a bad job? Campari, meanwhile, saw its year-to-date profits hampered by one-off costs in the third quarter. In the company's post-results conference call, CEO Bob Kunze-Concewitz heaped praise on the Skyy vodka brand in the US. While Skyy is doing well in the country this year, its flavoured Skyy Infusions range is struggling - a matter that we looked at in greater detail earlier this year. For full details of Campari's YTD numbers, head over here.
- The recent results announcements from both the Coca-Cola Co and Monster Beverage Corp prompted a closer look at the tie-up between the two that was announced earlier this year. Could Monster prove to be Coca-Cola's knight in shining armour in the year ahead? Regular commentator Ray Rowlands, meanwhile, considered the importance of distinctive packaging for soft drink success.
- Despite the news last week that Treasury Wine Estates will close one of its wineries in Australia, we appear to be on the cusp of a bout of M&A activity in the country's wine industry: First up, Casella Family Brands said on Thursday that it plans to buy Peter Lehmann Wines for almost US$50m. Then, earlier today, Accolade Wines confirmed that it is in negotiations to acquire Grant Burge Wines in the country. Let's not get the consolidation bunting out just yet, though.
Whenever we read anything about Millennial consumers, there is almost always mention of the personalisation trend as well as the importance of social media....
Ever wondered what fuels Anheuser-Busch InBev's acquisitional drive? Is it naked ambition? Faith? The good of mankind?...
Anheuser-Busch InBev is reportedly calling a halt to its Seth Rogan and Amy Schumer Bud Light campaign in the US....
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....
- Diageo NA head on Trump, Millennials, Bourbon
- Has Millennial-mania drowned out elder consumers?
- Interview - Loch Lomond GTR head Andre de Almeida
- Trump, local spirits and the IR role - The Analyst
- Absolut and Smirnoff's conflicting Millennial view
- Beam Suntory opens global headquarters in Chicago
- Diageo wine assets integration head to leave TWE
- Absolut not "sufficiently focussed" on Millennials
- Molson Coors names UK & Ireland managing director
- TWE renames Blossom Hill fruit wine range