Absolut comes a cropper over promo fears for teenyboppers
By Neil Merrett
Last updated on
The advertising practices of a number of leading alcoholic drink makers have again been called into question this week after allegations they are targeting underage drinkers through events like the US Grammy Awards.
Pressure is growing on the UK government to resist imposing further hikes on beer up to 2012, amidst fears over declining consumption rates and a struggling pub industry in the country.
Extensive media coverage on the danger of alcohol abuse and so-called ‘binge drinking’ in Europe may be driving consumers in the bloc to increasingly consider moderate consumption, suggests a new survey.
SABMiller, Diageo and Magners cider maker C&C group have all announced hits to their operations amidst fears of weakening consumer demand for beer and alcohol in the current global economic downturn.