Heres what was making the drinks news on this day in years gone by

Here's what was making the drinks news on this day in years gone by

Here's a look at what was happening on this day in...

Heineken's CFO has admitted being disappointed at the group's first-quarter performance in one of its key markets, Vietnam, but said the company is still stealing marketshare in the country.

The economic slowdown in China could last for another nine months, an analyst has warned in the wake of Pernod Ricard's latest results.

Richard Corbett is in a reminiscing kind of mood this month. Let the fogs of time clear, and hear him discover a drink maker from his youth that could be due a comeback some time soon.

Don't go getting too excited about talk of improvements in mature beer markets. Heineken has this week reported its first quarter of volume growth in Western Europe since the second quarter of 2007 - quite an astonishing statistic, in my opinion. Over the 'pond' in the US, rival SABMiller's own trading statement this week has sparked more talk of the beer market moving in the right direction.

just-drinks brings you export figures for the major wine producer countries in 2009, courtesy of a report supplied this week by Rabobank.

While all channels of the drinks trade have been affected by the downturn, the on-trade has been hit the hardest. But Chris Losh believes restaurants in the UK could be doing more to help themselves through the tough times.

Earlier this month, Bacardi signed a one-year "multi-faceted" marketing agreement with UK dance act Groove Armada. The announcement made headlines, with some commentators suggesting the deal was another nail in the coffin of record labels. In this month's just the answer, we talk to Bacardi's global experiential marketing manager, Sarah Tinsley, to get the low-down on what has been hailed by some as the next step in the drinks/music industry relationship.

The decision by Constellation to sell half of its UK distribution company Matthew Clark to Punch Taverns and form a joint venture with the pub retailer has left many in the industry scratching their heads. Chris Losh searches for the rationale behind the deal.

SABMiller looks set to snap up a majority stake in Indian brewer Mohan Meakin - with a deal likely to be finalised by the start of June, just-drinks understands.

Allied Domecq last night accepted Pernod Ricard's offer to buy the UK-based drinks giant. The bid values each Allied share at 670 pence, with the existing share capital being worth around GBP7.4bn.

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