Blog: The just-drinks Weekly Round-Up
James Wilmore | 18 November 2013
On just-drinks last week:
- Carlsberg is continuing to up its focus on Asia, last week unveiling a new boss for its regional unit. It came as the Danish brewer reported flat nine-month sales as its Russian woes remain, but its CEO predicts brighter things next year. Meanwhile, rivals Anheuser-Busch InBev were updating analysts on how it sees the US beer market, while SABMiller reported sad news of a relapse for its chairman and former CEO Graham Mackay.
- In spirits, columnist Richard Woodard rattled the cage over the issue of category definitions – with absinthe's rough treatment raising the ire of our commentator. Newly-listed Stock Spirits revealed details of a deal to distribute Diageo's premium portfolio in Czech, while Stock CEO Chris Heath insisted to just-drinks the tie-up is “complementary”.
- In soft drinks, PepsiCo put down a marker in India, saying it intends to invest US$5.5bn in the country by 2020. Meanwhile, iPro Sports Group has signed a GBP7m (US$11.3m) deal to rename Derby County's Football Club's ground after its isontic sports drink brand.
- In wine, Pernod Ricard's US unit is eyeing major expansion over the next five years and unveiled a new team to drive that effort. Back in the UK, it emerged that Direct Wines is selling the UK unit of Virgin Wines for GBP14m (US$22.4m) to the division's management team.
- Finally, we ran a round-up of the drinks industry's contribution to the relief effort in the aftermath of Typhoon Haiyan. Our thoughts and condolences go out to those affected by the disaster.
Today is SABMiller's final day. Some time this evening, Brussel's time, the second-biggest brewer in the world will be subsumed into the biggest, creating a beer behemoth of unprecedented proportions....
No, this is not PepsiCo's new ad slogan for its Mountain Dew brand....
Major wine players flocked to China ready for online giant Alibaba's 9.9 Global Wine and Spirits Festival, which took place on 9 September....
In May, Heineken's CEO, Jean-François van Boxmeer, called Vietnam the "poster child" for international beer thanks to strong demographics and growing demand....
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