Beer, Wine, Spirits, Cider

Crown Holdings reports Q3 results

Crown cautious in ‘sluggish’ times

By Joe Whitworth

Crown Holdings has postponed plans to build two new plants in China as it continues to face sluggish economic conditions and unfavourable weather in its key markets.

Diageo CEO Paul Walsh (Picture Copyright: Diageo)

Diageo set to win reprieve in great Indian spirits game?

By Ben Bouckley

After 'huge and unsuccessful efforts' to re-enter India after it made the strategic mistake of exiting the market in 2002, Diageo's near deal with United Spirits would win it a reprieve, according to a top alcoholic drinks analyst.

Pernod Ricard subsidiary slams Czech spirits ban

Pernod Ricard subsidiary slams Czech spirits ban

By Ben Bouckley

Pernod Ricard’s Czech subsidiary Jan Becher (JBKB) says the Czech government’s decision to ban all strong spirit sales in the country, following 20+ methanol-related deaths linked to local bootleg liquor, is disproportionate and will hit sales of its...

'NZ spirits industry ripe for investment'

'NZ spirits industry ripe for investment'

By Ankush Chibber

A growing number of investors are eyeing New Zealand’s nascent spirits industry, with many small and medium-sized firms jostling to replicate the successes of the country’s wine growers, a new report has revealed.

Soaring French spirits taxes rock Pernod Ricard

Soaring French spirits taxes rock Pernod Ricard

By Ben Bouckley

Pernod Ricard admits that the effects of a hefty 2012 French VAT hike on spirits has ‘severely affected’ the fortunes of key brand Ricard and other aniseed spirits with 45%+ ABV.

Picture Copyright: Mark Elkins/Flickr

Coca-Cola Amatil tries premium beer goggles for size...

By Ben Bouckley

Coca-Cola Amatil (CCA) is one step closer to re-entering the Australian premium beer market, after announcing plans to lend JV the Australian Beer Company AUS $46m, as it leverages its sales and distribution muscle.

Star Turkish turn boosts Diageo spirits

Star Turkish turn boosts Diageo spirits

By Ben Bouckley

Diageo CEO Paul Walsh says his firm’s H1 top line sales growth was driven by “real momentum” in emerging markets such as Turkey, a star performer following his firm’s acquisition of Mey İçki.

Heineken bids to drive Russian beer up the value curve

Heineken bids to drive Russian beer up the value curve

By Ben Bouckley

Heineken says it investing heavily in its premium brands to improve its profitability in Russia following past pricing mistakes, but admits that it has more exposure to less profitable value beers than its rivals.

Beer: A popular choice among Hispanics

US Hispanics prefer beer over wine: Mintel

By Caroline Scott-Thomas

US Hispanics’ beverage consumption is the latest aspect of this influential group’s spending habits to enter the spotlight, in a new report from market research organization Mintel.

Diageo ups spirits stakes in Vietnam with new Halico deal

Diageo ups spirits stakes in Vietnam with new Halico deal

By Ben Bouckley

Diageo has announced the successful closure of its public offer to acquire an addition 10.62% state in Hanoi Liquor Joint Stock Company (Halico), as it aims to work with the company in the 'rapidly growing' Vietnamese branded spirits sector.

Picture Copyright: Kai Seidler

Time for Chinese beer market to engage the ladies: Mintel

By Ben Bouckley

The Chinese are drinking more beer and buying more expensive varieties, but multinational brewers need to innovate to seize growth opportunities presented by groups such as female drinkers, says Mintel.

New UK wine carton can win over fine wine producers - Tetra Pak

New UK wine carton can win over fine wine producers - Tetra Pak

By Ben Bouckley

Tetra Pak has launched its first ever wine carton that will produced in the UK in a new 75cl size, and has told BeverageDaily.com that there is no reason why it could not appeal to fine wine producers, citing Nordic and Italian success stories.

Shipwreck beer bacteria holds formulation promise - VTT

Shipwreck beer bacteria holds formulation promise - VTT

By Ben Bouckley

Finnish researchers say that lactic acid bacteria strains derived from a 19th century beer found in a shipwreck could potentially be used to modify the structure, taste, healthiness and safety of foods and beverages.

Wine exporters swoon at sight of Canada: Rabobank

Wine exporters swoon at sight of Canada: Rabobank

By Ben Bouckley

Faced with volume declines in core European export markets, exporters are reassessing the importance of smaller markets with better growth and pricing, and Canada is leading the way.

Buoyant sales offset by higher expenses as Q1 profits dip for Crown

Buoyant sales offset by higher expenses as Q1 profits dip for Crown

By Rory Harrington

Inflated costs and adverse foreign exchange conditions saw Crown Holdings post a slight year-on-year profit drop in the three months to the end of March 2012 – despite notching up improved sales figures and increased beverage can volumes.

Nestlé likens new Nespresso premium coffee variety to 'fine wine'

Nestlé likens new Nespresso premium coffee variety to 'fine wine'

By Ben Bouckley

Nestlé has developed a production technique for a new variety of its Nespresso brand that it says is similar to that used to create wine, in a step that reflects CEO Paul Bulcke’s recent emphasis on a move towards more ‘personalised’ premium products.

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