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Asia/Australia
Like most companies across Australia's retail, grocery and other consumer goods sectors, Lion continued to experience tough market conditions during its third quarter. The brewer-to-drinks-to-dairy company, which is wholly owned by Japan's Kirin, reported on 4 November 2011 its third quarter results for the three months to 30 June 2011.
Asia/Australia
Foster’s shareholders were not amused. Actually, they were quite irate at Foster’s – probably – last Annual General Meeting held in Sydney on 25 October 2011, as 42 percent of shareholders rejected an AUD 5.2 million (USD 5.5 million) pay and perks package for Chief Executive John Pollaers.
Asia/Australia
More often than not, beer packaging is one of the most challenging arenas for beer producers across the globe. By its nature, the beer industry is very dynamic, where product innovation and changes have happened at a very fast pace across the different geographies. However, innovations in packaging have followed quite longer cycles. Much of this limitation can be attributed to the product. From amphorae in ancient times to glass bottles and then metal cans in the 20th century, beer packaging has changed at a snail’s pace. Glass and metal have dominated the market for the last 50 years and continue to do so in Indian industry.
Filtration
To avoid the demography-is-destiny-trap, Japanese firms are looking overseas for growth. But it’s a big leap to become a fully-fledged international player.
Asia/Australia
If you listen to wine companies explain why they aren’t doing well, they are never short of excuses. The weather, the supermarkets, the consumers. The latest excuse seems to be „international currency movements“. Heavens know how the wine industry could ever dream of going global.
Asia/Australia
Heineken has every reason to feel concerned about Fraser and Neave’s (F&N) future plans. At the end of September 2011, the Singaporean conglomerate, whose interests range from food and beverages to real estate, ended a 75 year partnership with The Coca-Cola Company. Or rather, it was Coke which did not want to renew their contract.
Asia/Australia
SABMiller’s AUD 11.5 billion bid for Foster’s looks set for success as key shareholders backed the sweetened deal on 21 September 2011 with only an outside chance of a rival offer.
Asia/Australia
What are the “don’t-tempt-us-with-booze” bosses at The Coca-Cola Company going to say to Mr Davis’ latest? The CEO of Coca-Cola Amatil (CCA), Terry Davis, is to turn the Australian company’s alcohol ambitions to spirits after losing its slice of the beer business to the new owner of Foster’s.
Asia/Australia
India is traditionally a strong beer market, but the consumption pattern in this exciting market has been showing signs of change lately. Strangely for a country with a billion plus people, one doesn’t get many beer varieties. Its either strong or mild, one gets to hear at most of the places. Although strong beers still have a strong four fifth of the market, the mild segment started calling attention to itself.
Asia/Australia
SABMiller may have become a bit of a laughing stock last week when on 8 September 2011 the Australian Takeovers Panel rejected its application to investigate Foster’s accounting policy, which SABMiller considered "misleading and deceptive".
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