UK: Constellation Europe begins reshuffle (MEM)
Constellation Europe has announced senior management changes to its wine, spirits and cider divisions as part of a major restructuring plan.
UK: Innocent Drinks MD quits (REG)
Innocent Drinks has said that UK managing director Jamie Mitchell will leave the firm, but denied the move was connected to a sales slip in 2008.
FRANCE: Chateau Latour not for sale - Pinault (MEM)
French billionaire businessman François Pinault has denied rumours that Château Latour, his Bordeaux wine estate valued at a minimum EUR200m (US$272m), is for sale.
2008 - That's a wrap
23rd December 2008 15:08
Well, that's that for another year. And what a year it's been for us here on just-drinks. We've had an amazing 12 months, travelling the world and meeting the great and the good of the global drink...
just-drinks Soft drinks & water review 2008
Soft drinks & water review 2008 - Coke has the best of a tough year for soft drinks (MEM)
While the past 12 months have been difficult for many soft drinks companies, notably in North America, the last year has seen continued development in better-for-you categories, notably enhanced waters and healthy colas. Ben Cooper takes a look back at 2008.
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Most certainly the biggest story in the spirits industry, like virtually all other industries, was the economic downturn that struck the world this year. Despite the claims of many spirits companies, that they offer “affordable luxury” with their products, trading down seems to be here to stay for the foreseeable future. For the wine industry, 2008 was not a year of huge deals and seismic shifts in the corporate landscape. Instead, the downturn made its presence felt, accentuating the pressures already affecting businesses all around the world. Whilst in years to come, many observers will look back on 2008 as a watershed for the global brewing industry. After an already sustained period of consolidation, the trend appeared to reach its zenith this year, with what could safely be termed a ‘mega-consolidation’. And in looking for issues which have dominated the soft drinks pages over the last year, one need really go no further than, yes, you've guessed it, the state of the global economy. Review the year that was, with just-drinks' top contributors, sector by sector.