just the round-up - The week in drinks

By | 4 September 2009

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

Majestic Wine drops from 12 to six

UK: Majestic Wine cuts minimum purchase rule

Majestic Wine, the UK retailer, has halved its minimum purchase requirement from 12 bottles to six as it looks to maintain sales in the recession.

Champagne to rein in production

FRANCE: Champagne to curb capacity amid falling sales

Champagne's ruling council will this week restrict the amount of Champagne allowed onto the market, as new figures suggest export sales have plummeted in the first half of 2009.

Pernod Ricard exec leaves for Rémy Cointreau

FRANCE: Rémy Cointreau appoints Pernod man as Rémy Martin chief

Rémy Cointreau has appointed Patrick Piana as the CEO of Rémy Martin Cognac, having lured the 42-year-old from his position at Pernod Ricard USA.

Coca-Cola Co. goes coconuts

US: Coca-Cola Co takes stake in Zico Beverages

The Coca-Cola Company has bought a minority stake in Zico Beverages, the California-based maker of Zico Pure Premium Coconut Water.

Foster's Group holding back bonuses?

US: Foster's silent on staff bonus claim

Foster's Group has declined to comment on a claim, made by a source to just-drinks, that the firm will not pay bonuses to its Americas wine sales staff for its most recent full-year, following disappointing results.

Brown-Forman Q1 results

Insight - Brown-Forman hails RTDs for helping Q1 profits rise

Brown-Forman has said that it is "generally pleased" with its performance in the first three months of its fiscal year.

Pernod Ricard FY results, thanks go to Absolut

FRANCE: Absolut drives growth for Pernod Ricard FY

Pernod Ricard has posted a lift in full-year sales and profits driven by the acquisition of the owner of Absolut vodka, Vin & Sprit.

Three Olives vodka push in US

US: Proximo Spirits launches Three Olives ad campaign

Proximo Spirits has launched a US$10m television advertising campaign for its Three Olives Vodka brand in the US.

Scotch to bear brunt of minimum alcohol pricing?

SCOTLAND: Alcohol minimum pricing draws near, to SWA chagrin

The Scotch Whisky Association has attacked a proposal by the Scottish Government to introduce minimum pricing for alcohol in the country.

Wimm-Bill-Dann H1 results

RUSSIA: Weak rouble weighs on Wimm-Bill-Dann H1, warns of tough H2

Russian food and beverage group Wimm-Bill-Dann has posted a jump in second-quarter earnings, although a weak rouble weighed on half-year profits.

Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine

Companies: Pernod, Majestic, Ricard, Cointreau, Brown-Forman, Coca-Cola Co, Foster’s, Absolut, SWA

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

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