Despite growing awareness and concern over the health impacts of alcohol consumption, global consumers are expected to flock towards premium and super premium spirit varieties in the future, says a new report.
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...