Australia-based Foster's posted half-year sales growth of 3.2 per
cent in organic terms to AUS$2.3bn (€1.4bn) as growing demand
for its premium brands partially offset a slowdown in its US wine
A shift towards higher sales of premium products has helped
France's leading drinks group Pernod Ricard to post a 5.1 per cent
increase in net profits for 2004, shrugging off the impact of
exchange rate fluctuations.
InBev is already beginning to see the benefits of last year's
merger of Belgian brewer Interbrew and Brazil's AmBev, with volume
sales in 2004 growing at more than twice the rate of the global
beer market as a whole. And...
Three of Europe's biggest beer makers have reported mixed results
this week, with Scottish & Newcastle, Carlsberg and Heineken
all underlining the need to cut costs and increase advertising
expenditure, especially for premium...
As growth in the premium bottled beer sector gallops ahead overall
beer consumption in Europe brewers are driving innovation in the
ingredients sector, encouraging firms to come up with novel
solutions to tackle the market. Starch...
Overproduction by New World wine producers has pushed down prices
over the last few years, taking a major toll on producers' margins.
But a growing trend towards premium wines could save the day, in
both established and emerging...
The US cola wars have traditionally been fought on just two fronts
- Coca-Cola holding one and PepsiCo the other. But now a new player
is about to join the fray, and Britain's Virgin Cola is hoping that
its decision to focus...