Carlsberg shares hit by Russia beer sale woes
Shares in Danish brewer Carlsberg A/S (CARLb.CO) slid on Wednesday on worries that its largest single market, Russia, could pass a law that would severely restrict beer sales. (more…)
Australia. Beer market continues to shrink
TOTAL beverage retail sales in Australia have declined for the first time in four years, driven by continued weakness in packaged beer and early signs that initial strong demand for low-carb and premium beer could be waning. (more…)
‘Good bad’ move by A-B InBev
As many of you will have gathered, I have an affection for nonsense marketing terms. I have regaled you with some favourites, but there were two I failed to mention. They include the new ‘cold hot’ soft drinks category (ice tea and iced coffee, obviously…) and ‘premium standard’ lager. (more…)
Budweiser Budvar to launch Facebook campaign
Czech Brewer Budweiser Budvar has launched its first Facebook campaign to highlight the taste difference between Budvar Original and American Budweiser. (more…)
SABMiller lifts LatAm beer target on economy boost
* Raises beer volume target for Latin America
* Sees Q1 regional beer volumes up around 6 percent
* Looks at further opportunities in region (Adds detail) (more…)
SABMiller finds way of reducing raw material costs
SABMiller has announced that its Peruvian subsidiary, Backus, in co-operation with Packaging Products Peru, has developed a new, low-gauge bottle crown that will significantly reduce the amount of steel used in production and have a positive impact on the group’s raw material costs and C02 emissions. (more…)
BGI Ethiopia Acquires 25pc of Raya Brewery’s Shares
Failing to acquire two state owned breweries, Harar Brewery and Bedele Brewery, and losing them to its archrival Heineken, BGI Ethiopia has secured a deal its managers believe will help them conquer the northern market. (more…)
Mundell Evaluated Top 500 Chinese Brands; Snow Beer Is Worth 46.368 Billion Yuan and Comes on Top
Snow Beer is worth 46.368 billion, and was ranked 29th in “the leader board of the most valuable Chinese brands,” which was released in the 2011 (8th) Global Brand Conference and Top 500 Valuable Chinese Brands Press Conference recently. (more…)
UK: Heineken to launch Foster’s Gold lager
Heineken UK is launching a bottled, premium version of its Foster’s lager in the off-trade to go head-to-head with brands such as Budweiser and Stella Artois. (more…)
Diageo Said to Walk Away From Bid for Brazil Brewer Schincariol
Diageo Plc (DGE), the maker of Guinness stout and the world’s largest liquor company, dropped plans to bid for Primo Schincariol Industria de Cervejas & Refrigerantes SA of Brazil, two people familiar with the matter said. (more…)