From the just-drinks cellars – What happened in drinks on this day in …

It was supposed to be the summer of seltzer. But, the coronavirus outbreak in the US put paid to what analysts estimated would be a 270% increase in sales in 2020 for one of the hottest categories in alcoholic drinks.

Two years ago, Constellation Brands agreed to sell about 30 lower-end brands from its wine & spirits portfolio to E&J Gallo Winery as it looked to better align its business with premiumisation trends.

  • 2018 – Conviviality – Boy, that escalated quickly – comment

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The remarkable speed of Conviviality’s tumble from grace surprised even the most seasoned drinks industry executive in the UK. How could a company go from posting an 85% leap in full-year sales in May 2017 to announcing the pending appointment of administrators in late-March 2018.

The head of Pernod Ricard‘s Europe, Middle East & Africa operations, Christian Porta, updated analysts on the group’s performances in the regions, as well as reviewing Latin America. We picked out the key themes, with commentary from analysts.

Five years ago, LVMH CFO Jean-Jacques Guiony presented an eye-opening look at how the luxury goods category operates. What could the spirits category learn from Guiony’s observations?

In March 2015, Bacardi entered the Bourbon market through the purchase of Angel’s Share Brands and its Louisville Distilling Co subsidiary. just-drinks spoke to the company’s co-founder, Wes Henderson, about future plans, Bourbon consolidation and why some companies may be going too far in flavour innovation.

Seven years ago, Constellation Brands implemented a new business model for mainland Europe as it pulled out of distribution partnerships and took control in-house. This wasn’t the only shake-up for the wine, spirits and beer brand owner. At ProWein 2014, we sat down with Constellation’s international GM, Philip Kingston, to talk about the company’s global ambitions, including a tie-up in China for its Robert Mondavi brand.

Beam Inc, Gruppo Campari, William Grant & Sons and ThaiBev were all linked to Indian spirits producer John Distilleries, according to local reports.

The UK arm of Pernod Ricard held a briefing in London to launch its ‘Building Premium Wine Brands’ scheme back in 2012. The programme was designed to target off-premise wine consumers in the country to turn them on to the more premium offerings in the category.

PepsiCo’s chief financial officer told just-drinks that the company did not expect to make any more large-scale acquisitions in the immediate future.

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