Blog: Why drinks firms should cheer Spain and Germany
Chris Mercer | 2 July 2010
Football can save consumers from misery
Europe's economy is in danger of sinking into the bog so, for the sake of drinks sales, let's all support Germany and Spain in this weekend's World Cup Quarter Finals.
Reports of Germans partying like maniacs after thumping England at the World Cup last weekend made me feel ill. But, my national pride aside, I bet drinks producers were rubbing their hands.
Beyond the street parties, the dark shadow of bank debt is threatening to block out the sun in Europe. Banks in the eurozone owe hundreds of billions of euros to each other in a horrible dominoe system that stretches from the rot in Athens to Berlin, via Madrid and Paris.
If Europe's economy were a football team, it would be England - sluggish, rotten and reliant on past glory.
FIFA's World Cup is not going to deliver us from this fiscal nightmare-in-waiting, we'll probably have to rely on so-called economic experts for that.
But, there has been growing acceptance down the years that World Cup success really can lift the mood of a nation.
Legend has it that an England victory in the 1990 World Cup (they lost, of course, to Germany) would have prompted an ailing Margaret Thatcher to call a snap election.
While, only this week there have been reports that New Zealand's Government could time its own General Election next year to the fortunes of the All Blacks at the Rugby World Cup.
If a World Cup win means that people are happy enough to vote for you, then they will be happy enough to buy things too. Just for a brief moment, they may forget their own impending doom and order a beer/whisky/Magnum of Champagne. Ok, well, maybe not the Magnum.
So come on (hesitates) Germany, and Spain, let's build some consumer confidence. Vuvuzelas at the ready.
It would appear that the folk at the UK arm of Carlsberg have this year found the 'gimmicky' drawer in the marketing office....
It's a popular grizzle and one I'll admit to having on at least one or two occasions… a day. Why do people post photos of their food and/or drink on to my social media feed?...
After a 2014 it'll want to forget, Treasury Wine Estates has some good news....
The garden shed is usually home to some spiders, a lawnmower and a few half-empty paint tins. ...
- Diageo Q4 & FY - Preview
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- Focus - Diageo's FY Performance by Region
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- NPD: Tomatin Contrast, Cù Bòcan
- Challenges remain as Diageo posts flat FY sales
- Diageo, Heineken end South Africa, Namibia JV
- Bacardi creates Bacardi rum marketing role
- Diageo comm's director latest to leave
- Global gin insights - market data, product innovation and consumer trends research
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