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Tag Archives: Latin America

• Africa Hailed As New Beer Frontier

Africa Hailed As New Beer Frontier

Rapid economic development, growing populations and rising wages will propel Africa to become the world’s next fastest growing market for beer, according to a new report by Rabobank. In its latest report, Beer on the Frontier: Opportunities for Brewers in the African Continent, Rabobank analysts said Africa is expected to see the largest increase in the […]

• Drinking Whisky Creates JOBS!

Drinking Whisky Creates JOBS!

Diageo to create 1,000 jobs and splash out £1bn to expand, as Asia, Africa and South America get the taste for Scotch whisky. Diageo is to invest £1billion in its Scotch whisky production over the next five years to meet growing demand from the emerging markets of Asia, Latin America and Africa. The move will […]

• Diageo Extends Foothold In Brazil With Ypioca Buy

Diageo Extends Foothold In Brazil With Ypioca Buy

Diageo PLC (DGE.LN) said Monday it has bought one of Brazil’s biggest producers of cachaca, the country’s best-selling spirit, as part of the U.K. drink maker’s continued expansion into the lucrative Latin American market. Diageo will pay GBP300 million to buy Agroindustrial Limitada’s Ypioca brand, giving it a firmer foothold in Brazil even as it […]

• Champagne Demand to Get Lift From Olympic, Royal Toasts in 2012

Champagne Demand to Get Lift From Olympic, Royal Toasts in 2012

Champagne demand may accelerate this year as London hosts the Olympic Games and consumers in emerging markets drink more of the sparkling wine, according to an industry group. The Olympic host country saw orders rise about 10 percent on average during the last five rounds of games, said Francoise Peretti, director of the Champagne Bureau, […]

• Diageo’s Profit Rises 17%

Diageo’s Profit Rises 17%

Diageo PLC posted a 17% rise in full-year net profit Thursday as surging demand in emerging markets offset weakness in North America and Europe. The London-based maker of Johnnie Walker scotch, Guinness stout and Smirnoff vodka also set robust targets for double-digit earnings growth, despite Chief Executive Paul Walsh’s warning that the company operates in […]

• Big news! Diageo announces operational review

Big news! Diageo announces operational review

Diageo, the world’s biggest alcohol company, has announced a major review of its operating model and changes to its executive committee in a move that looks destined to lead to job cuts across the company. Paul Walsh, chief executive, said the changes are designed to “focus on growth and create a more cost-effective organisation.” As […]

• Good job! Heineken reduces energy 17% in new sustainability report

Heineken has topped its energy saving goal by two per cent, with a 17 per cent reduction per hectolitre of beer over the past eight years, according to the company’s 2010 sustainability report. The company said the 17 per cent savings are down to its ‘Aware of Energy’ programme, which aimed to save 15 per […]

• Whisky throwdown: Age statements vs. vintages

Whisky throwdown: Age statements vs. vintages

Using age statements as a selling point on whisky is merely a “marketing ruse” and does nothing to enhance consumers’ understanding of the quality of a whisky, according to Glenrothes brand heritage director Ronnie Cox. Speaking to the drinks business at the Glenrothes distillery in Rothes, Scotland, Cox said: “Age statements mean nothing to the […]

• SABMiller posts better than expected European volumes

SABMiller has reported a three per cent increase lager volume in the third quarter, driven by better than expected volume in Europe and emerging markets. The UK-listed brewer continued to benefit from its strong presence in emerging markets. Lager volumes were up 12 per cent on an organic basis in Asia, and in Africa quarterly […]

• SABMiller posts better than expected European volumes

SABMiller has reported a three per cent increase lager volume in the third quarter, driven by better than expected volume in Europe and emerging markets. The UK-listed brewer continued to benefit from its strong presence in emerging markets. Lager volumes were up 12 per cent on an organic basis in Asia, and in Africa quarterly […]

• Brazilian sales drive AmBev profit increase

Cia. de Bebidas das Americas, or AmBev, has reported a 47 per cent increase in third-quarter profits, those concerned with beer industry research have been told. The company, which is the Brazilian unit of Anheuser-Busch InBev NV and is Latin America’s largest brewer, said that net income rose to 1.82 billion reais (£665 million) from […]

• SABMiller Beer Sales Beat Estimates on Asian, African Growth

SABMiller Plc, the world’s second- biggest brewer by volume, said first-half beer sales rose as gains in Asia and Africa more than offset declines in Latin America and Europe. The quantity of lager sold increased 1 percent in the six months ended Sept. 30, excluding the effect of acquisitions, London-based SABMiller said today. That beat […]

• David Cordoba – Mixologist & "global ambassador" for Bacardi rum

David Cordoba – Mixologist & "global ambassador" for Bacardi rum

What a job – mixing and tasting rum-based cocktails and frequenting the world’s best bars in cities as diverse as Edinburgh, Moscow and Bangkok. The “global ambassador” for Bacardi rum, David Cordoba was in Wellington and Auckland recently, teaching our leading bartenders how to make rum-based cocktails like they were first made in Cuba in […]