The week in drinks

The week in drinks

The top ten stories published on just-drinks this week:

Australian Vintage is “cautiously optimistic” that the global wine industry is returning to an even keel between supply and demand, but has warned the group faces short-term issues.

ThaiBev has posted a sharp drop in YTD net profits as falling beer sales, caused by a halt in production, hampered the group. 

An Asahi Group joint-venture in Indonesia is to take control of bottled water producer Tirta Bahagia Group in a deal worth IDR2.2tn (US$193m).

Treasury Wine Estates (TWE) has signed a deal to package and produce supplies in the US for its rival Accolade Wines. 

Bacardi has unveiled its latest global advertising campaign for its namesake white rum brand.

The head of global Travel Retail at Pernod Ricard-subsidiary, The Absolut Company, has quit for “personal reasons”. 

A UK sports drink launched six weeks ago is to use a link-up with a second-tier English football club in a bid to crack the global market ahead of next year's football World Cup.

Remy Cointreau has handed out shares worth EUR20.3m (US$27.4m) to its staff because of a lack of upcoming acquisitions.

Women drinkers offer an “opportunity and a threat” to SABMiller, according to the brewer's Europe chief. 

Diageo is set to bolster its interest in Bourbon with new premium launches, but the group's CEO has not ruled out acquisitions in the thriving, wider category.