Latest beverage news & analysis in China and Asia
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At the start of this year, the trade organisation for the Australian wine industry set out major investment plans for China, as sales to the country surged by 63% by value in 2017. Then, in March, Wine Australia appointed David Lucas to the newly-created role of regional general manager for Greater China, further signalling its dedication to the market. At this year's ProWein, just-drinks sat down with Wine Australia's GM of marketing, Stuart Barclay, to find out more about why Wine Australia is so excited about China.
Earlier today, Australian private equity group CHAMP announced the divestment of Accolade Wines to The Carlyle Group for AUD1bn (US$768m). The news marks the end of CHAMP's association in wine, which started in 2011 when it bought 80% of Constellation Brands' Australian and UK wine operations for AUD290m (then-US$290m). Having spoken to CHAMP CEO John Haddock at the time of the purchase, it seemed only right for just-drinks to grab him for one final chat, to find out what CHAMP is passing over, why they're selling and what wine lessons the group learnt over the last seven years.
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This week in soft drinks & bottled water, featuring the cannabis wave, PepsiCo fizz and a frozen Coke 20 Apr 2018
Here's a round-up of this week's top stories from the global soft drinks & bottled water categories. Click the links to see our round-ups for beer & cider and spirits & wine.
Here's a round-up of this week's top stories from the global spirits & wine categories. Click the links to view our round-ups for beer & cider and soft drinks & bottled water.
Here's a round-up of this week's top stories from the global beer & cider categories. Click the links to see our round-ups for soft drinks & bottled water and spirits & wine.
Heineken plots Asian launch for Tecate beer - just-drinks EXCLUSIVE 19 Apr 2018
Heineken is looking to launch Tecate beer in cities across Asia as it charts an international expansion for the Mexican brand.
Healthy third-quarter boosts year-to-date for Pernod Ricard, but headwinds gather - results 19 Apr 2018
Pernod Ricard is the latest spirits multinational to benefit from the later timing of the Chinese New Year, posting a 9% rise in sales in its third quarter and a 6% lift in the first nine months of fiscal-2018.
Quintessential Brands rolls out Thomas Dakin Gin to the US 19 Apr 2018
Quintessential Brands has released its Thomas Dakin Gin brand in the US market.
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