In late-January, Moët Hennessy reported a 26% increase in full-year sales from 2021. Just Drinks picks through the wine & spirits group’s performance over the past five years for the trends set to affect the company, specifically, and the global wine and spirits categories, more broadly.
Brand owner sales are soaring and the drinks are too cheap to celebrate, according to ex-beverages analyst Ian Shackleton
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Once a month, the drinks industry-funded International Alliance for Responsible Drinking, which covers alcohol-related health and policy research worldwide, reviews some of the alcohol category’s most recent Environment, Social & Governance initiatives. Here’s what’s been going on in February.
This week’s brand owner results coverage:
Anheuser-Busch InBev trumped rival Heineken’s top-line growth rate in 2021, as the world’s largest brewer finished the year with a quarterly performance of +12%.
Molson Coors has made upbeat noises about the road ahead as 2021 delivered the first full-year sales increase for the group in a decade.
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By GlobalDataA sluggish showing in beer held back Suntory Holdings’ alcohol business in 2021, although spirits unit Beam Suntory posted a bullish double-digit sales rise.
Campari Group ended 2021 in fine fettle, boosting its top-line by over a quarter to almost US$2.5bn.
Distell has seen its sales performance remain strong in the second half of 2021, as more normal trading conditions clashed with supply chain issues and rising costs.
Coca Cola HBC (CCHBC) has maintained its steady recovery throughout 2021 to finish the year nearly 20% ahead of 2020.
On Just Drinks’ news pages:
Carlsberg has suspended production at its breweries in Ukraine as tensions with neighbouring Russia escalate into combat.
Contingency plans have been put in place to ensure the supply of Coca-Cola products is not disrupted amid rising tensions between Russia and Ukraine, according to Coca-Cola HBC’s CEO.
Kendall Jenner’s 818 Tequila has responded to trademark infringement claims made against the brand.
Leonardo DiCaprio has acquired an equity stake in Rémy Cointreau’s majority-owned Champagne Telmont.
The Boston Beer Co has officially launched Hard Mtn Dew across three US states, with expanded availability to follow later in 2022.
Private equity powerhouse KKR has agreed to acquire majority control of beverage contract manufacturer Refresco.
PepsiCo is launching Nitro Pepsi, a nitrogen-infused version of its flagship CSD, in the US.
The UK division of Anheuser-Busch InBev is launching Stella Artois Unfiltered in the country this month.
From our parent company, GlobalData:
References to the term ‘big data’ in beverage companies’ filings registered a dip in the third quarter of last year, according to recently-released data.
References to the term ‘cloud computing’ in beverage companies’ filings soared in the third quarter of last year, according to recently-released data.
