Blog: The just-drinks Weekly Round-Up
Olly Wehring | 22 April 2014
On just-drinks last week:
- Diageo was quick to line up its excuses after its trading update on Thursday flagged slowing sales and sliding volumes for the year to date. While the analyst community was united in its disappointment, the firm argued that things were not as bad as they seem, with a range of one-offs hampering performance. One thing became abundantly clear, however: Those who felt that international spirits have been suffering a Chinese blip in the last year or so are now few and far between. We need only look at Remy Cointreau’s profit warning last week for further evidence.
- In soft drinks, both The Coca-Cola Co and PepsiCo reported their Q1 numbers last week. Coca-Cola saw sales and profits both slip in the first three months of 2014, as PepsiCo’s bottom line received a boost in the same period. That said, PepsiCo would appear to have its snacks division to thank for driving the performance: its beverage volumes globally came in flat. Be assured, then, that the beverage side of the company will be hoping PepsiCo’s board delivers on its promise to keep the company together, whatever the weather.
- The Australian wine industry collectively is suffering in the US, it would appear, as full-year volume numbers from Wine Australia highlighted a tough 12 months in the country. While the UK remains one of the most important markets for Australia’s wines, China - long held to be the next big battleground - failed to capitalise on the UK’s volume and value falls. Meanwhile, South Africa’s winemakers have been warned to start looking for new markets beyond Europe. Maybe not China, though, yeah?
- In brewing, regular commentator Larry Nelson took to his crystal ball last week, to look at what the future holds for the craft beer segment. Larry’s thoughts form part of our latest ‘on-trend’ report, which offers an in-depth look into the sub-category. Full details of the report can be found here.
We had some technical problems with the just-drinks site yesterday....
No self-respecting rapper is without some affiliation to a booze brand. Vodka is de rigueur, thanks to P Diddy and his tie-up with Diageo and Ciroc. ...
Is this the true breakfast of champions?...
We are well served in the drinks industry by quality advertising campaigns....
- Pernod Ricard's FY Performance by Region, Brand
- Battle continues for Pernod Ricard in US and China
- American whiskey does a vodka - Analysis
- Japan follows in Scotch whisky's footsteps
- Why consumers don't care about vodka's provenance
- Pernod Ricard "in line" after full-year results
- India overtakes France for Pernod Ricard
- New whisky distillery set for Edinburgh
- Diageo launches glass Bulleit & Cola bottles
- Corby's FY suffers from US focus
- Future growth opportunities for global spirits
- Global gin insights - market data, product innovation and consumer trends research
- Global rum insights - market forecasts, product innovation and consumer trends research
- Pernod Ricard SA - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report
- Brown-Forman Corporation (BFB) - Financial and Strategic SWOT Analysis Review