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FRANCE: Burgundy wine exports drying up
Exports of Burgundy wines fell by almost 25% in both volume and value in the 12 months to the end of July, according to the region's wine trade body, BIVB.
US: Bebida Beverages signs Potencia distribution deal
Bebida Beverages Company has signed a distribution deal for its Potencia energy drink in the US.
GLOBAL: Diageo makes US exec changes, appoints Tequila chief
Diageo has confirmed a shake-up of its executive team in North America, and the appointment of a global chief for its Tequila portfolio.
BELGIUM: A-B InBev pays down debt with bond issue
Anheuser-Busch InBev has said it will use bond issues worth a total US$5.5bn to help it pay down more of Inbev's $52bn takeover of the Budweiser last year.
US: Anheuser-Busch InBev, PepsiCo sign purchasing deal
Anheuser-Busch InBev and PepsiCo have agreed to jointly purchase indirect goods and services in the US from technology hardware to travel.
UK: Minimum pricing gets medical backing
The UK Government’s advisory body on medical treatment has recommended the introduction of a minimum price for alcohol as a means of combating "hazardous and harmful drinking".
BELGIUM: Anheuser-Busch InBev still eyeing disposals
Anheuser-Busch InBev is still eyeing assets sales, despite having nearly reached its target of US$7bn in disposals, as speculation grows that a new deal with CVC Capital Partners is imminent.
UK: Future gloom for test-tube drinks? Portman Group rules
A ruling by the Portman Group's complaints panel in the UK has thrown the future of test-tube drink producers into doubt.
GLOBAL: SABMiller lager volumes dip in Q1
SABMiller has reported a 1% dip in beer sales by volume for its first fiscal quarter, damaged by the effects of the global economic downturn in Eastern Europe.
BELGIUM: Anheuser-Busch InBev sells Eastern Europe assets
Anheuser-Busch InBev has agreed to sell brewing assets in Eastern Europe to private equity group CVC Capital Partners for US$2.2bn, taking the brewer over its $7bn disposals target.
US: Coca-Cola Co to launch 90-calorie ‘mini’ can
The Coca-Cola Co is to roll out a 90-calorie mini can for its flagship Coca-Cola soft drink in the US in a bid to offer healthier beverage choices.
FRANCE: Champagne flattens Rémy Cointreau H1 sales
Plummeting Champagne sales in the global economic downturn offset a recovery in Cognac and dented Rémy Cointreau’s net sales in its fiscal half-year.
UK: Britvic upbeat on FY results, despite Irish struggles
Britvic has said it is likely to hit its profits targets for its latest fiscal full-year, as sales in the period registered a slight rise.
UK: Government waters down mandatory code on alcohol sales
The UK Government is slimming down its proposal to introduce a mandatory code of practice for alcoholic drinks sales, just-drinks can confirm.
just the facts - Anheuser-Busch InBev asset disposals
Following the news this morning (15 October) that Anheuser-Busch InBev is to sell its brewing assets in Eastern Europe, we take a look at the company’s path to attaining its US$7bn disposals target.
AUS: Former Australian chief to leave Constellation
The former president of Constellation Brands' Australian wine unit is set to leave the company.
UK: Marston’s confident despite sales dip
Marston's, the UK beer and pub group, said it is confident of meeting challenges as its value-for-money food deals helped offset poor summer weather and fragile consumer confidence.
Preview - Tax Free World Association World Exhibition 2009
The duty-free industry’s most important annual trade show, the Tax Free World Association (TFWA) World Exhibition, celebrates its 25th anniversary in Cannes next week. This US$37bn global business has always prided itself on knowing how to throw a good party. But few heading to this year’s show will be in the mood to celebrate the silver jubilee, despite the lavish dinner and rock concert which organiser TFWA has planned. Joe Bates reports.
Insight - A-B InBev beats disposals target
Anheuser-Busch InBev blew its US$7bn disposals target out of the water today, completing the brewer's mission to help pay off the A-B acquisition by refocusing the company on core businesses and markets.
CZECH: Breznický ležák beer gets EU protection
The European Commission has announced geographical indication protection for a Czech beer ‘Breznický ležák’.
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