Blog: Andy MortonThink you know the future for rum? Join the club

Andy Morton | 9 May 2014

It was the biggest swing in London since the '60s. 

Presented with the motion “The future for rum lies with connoisseurs not clubbers”, the audience at last night's Worshipful Company of Distillers debate looked odds-on to uphold it, after a pre-event poll showed a majority in its favour. An hour, and a second vote, later, though, and the room had turned.

To be fair to Ed Pilkington, Diageo's Western Europe marketing head and whose job it was to support the motion, he was up against it. His adversary on the night, former Bacardi man Chris Searle, only had to open his speech with the words “clubbers are many, connoisseurs are few”, and the debate, for my money, was over.

We were, after all, in the JP Morgan suite at the old Prudential insurance headquarters in the city of London, the financial capital of the world. Most of the 150-strong audience were analysts, brokers or people otherwise engaged in the pursuit of money.

Pilkington's attempt to persuade them that the niche world of collectors and spirits aficionados could support rum's growth appeared lightweight when compared to Searle's description of a huge clubbing consumer base that is getting bigger by the year. 

“Clubbers are aspirational, and going global,” Searle said. “And their numbers are compelling for the future of rum.”

For many of us in the audience, it was case closed.

Sectors: Spirits

Companies: Bacardi, Diageo

COMMENT

Editor's Viewpoint - Trylinski Calls Time at Belvedere

The news this week that Krzysztof Trylinski is stepping down at Belvedere brings the curtain down on a professional chapter that has been nothing if not colourful....

BLOG

I've got the brains, you've got the water. Let's make lots of money

Do you have a water source in your garden? By which, I mean a spring, rather than an outside tap....

BLOG

The just-drinks Weekly Round-Up

Here's a round-up of the top stories on just-drinks last week, featuring PepsiCo and Coca-Cola Co, Castel, Molson Coors and the cachaca sector....

BLOG

The real stars behind supermarkets' Scotch success

There was a big focus on supermarkets and their Scotch offerings this week when a couple of own-brand malts scooped top awards at the International Wines and Spirits Competition (IWSC)....

BLOG

San Francisco's 21st Amendment breaks ground on new site - video

You can't seem to move at the moment for news of US craft brewers expanding....

just-drinks homepage



Forgot your password?