Blog: The just-drinks Weekly Round-Up
Olly Wehring | 7 October 2013
On just-drinks last week:
Constellation Brands released its Q2 and H1 results on Thursday. The US-based company has shifted from being better known as a wine producer to being referred to predominantly as a brewer. That’s little wonder, considering Constellation became the US’s third biggest brewer in June. Sure enough, the buyout of JV partner Grupo Modelo dominated last week’s numbers. which is no bad thing: Constellation’s wine and spirits sales were down by 1% in its second quarter. For our full coverage of Constellation’s results, click here.
After the announcement last month that Oaktree Capital will launch an IPO for a stake in its Stock Spirits division, the US-based private equity group made another spirits sale last week. Having found itself with a sizable holding in Groupe Belvedere, Oaktree has offloaded its entire stake in the troubled French firm, we learnt last week. Elsewhere in the spirits world last week, Beam Inc became the latest multinational drinks company to look to up the production capacity for its Scotch whisky operations; proof, then, that I was right way back in February, 2011 - If it’s brown, it sells.
For all you brewers out there, Larry Nelson did something last week that he’d never thought he’d do: He wrote about a billionaire craft brewer.
Deputy editor James Wilmore looked back five years to see how the relationship between the energy drinks sector and the health lobby has developed - if at all - in recent times.
Finally, the latest research report from just-drinks and The IWSR has been published today. Full details of ‘Global market review of vodka – forecasts to 2018’ can be found here.
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Companies are very protective of their brand image. So it is refreshing to hear Diageo's Garbhan O’Bric, the global brand director for Baileys, speak the unvarnished truth when talking about the lique...
Diageo's decision to sell its wine interests reflects how wine offers fewer synergies with other beverage categories and does not always sit easily within the multi-sector portfolios of global beverag...
Alcohol companies love a good movie tie-in. A brush with Hollywood glamour seems to give marketers the warm and fuzzies, judging by the number of deals done over the past few years. The new James Bond...
The fact that the three newest members of the Beverage Industry Environmental Roundtable (BIER) are all wine companies suggests that, in spite of unique factors that set the wine category apart from b...
just-drinks is in Cannes this week at the Tax Free World Association show. Here's the second part of Andy Morton's blog, which will keep you up-to-date at one of the most important dates in the Trave...
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