MWV highlights packaging positives as it posts Q4 loss and forecasts tough 2012
Tough economic conditions in the fourth quarter of 2011 will spill over into this year, said MeadWestvaco (MWV) as it posted a fourth quarter loss of US$9m (€6.8m).
Tough economic conditions in the fourth quarter of 2011 will spill over into this year, said MeadWestvaco (MWV) as it posted a fourth quarter loss of US$9m (€6.8m).
Fragile fiscal confidence amongst consumers in Great Britain (GB) and Ireland means they are turning away from Britvic’s stills to its lower-priced carbonates, according to an analyst who follows the firm.
A Scottish-based academic has warned BeverageDaily.com that plans by the country’s legislators to introduce minimum alcohol pricing would be a ‘massive shot in the foot’ for the nation’s top global export Scotch whisky.
Polish firm Viaguara is suffering from something of an identity crisis after the EU General Court rejected the company’s appeal over trademark registration of the name.
An astonishing rise in bulk wine exports over the past decade has led to ‘democratisation, commoditisation, innovation and over-supply’ of products that has changed the industry for good, according to Rabobank.