Abstracts » Business, general

Drink up

Article Abstract:

Alcoholic beverages industry is facing onslaught of private label products, which threaten to replace the existing brands on supermarket shelves. Consequently prices of alcoholic beverages have gone down considerably making viability of many of these companies a suspect. Solution liess in consolidation. If Foster's-Southcorp merge to form one of the largest wine groups, they can become the ones who dictate terms to the supermarkets and revive the industry. So far, however, Southcorp has rejected Foster's merger offers, which could eventually be detrimental to both.

Supermarkets and Other Grocery (except Convenience) Stores, Commodity & service prices, Market share, Management dynamics, Grocery stores, Supermarket Chains, Distilled and blended liquors, Beer, Wine & Liquor, Whsle, Beer, Wine, and Distilled Alcoholic Beverage Wholesalers, Management, Economic aspects, Prices and rates, Column, Alcoholic beverage industry, Supermarkets, Brand choice, Company business management, Company market share, Chain stores, Company pricing policy

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Foster's big gamble

Article Abstract:

Foster Group's deal to purchase Southcorp is big deal, which if works out will make it the biggest wine company. The rationale for the bid involves issues, creating the world's leading premium wine business and Australia's leading multi beverage business. Foster Group company's chief executive officer, Trevor O' Hoy's opinion on the possible Southcorp deal is also presented.

Strategy & planning, Malt beverages, Executive changes & profiles, Planning, Officials and employees, Cover Story, Brewing industry, Breweries, Interview, Company business planning, Hoy, Trevor O'

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Southcorp's magnum opus

Article Abstract:

Issues are presented concerning the benefits gained by wine company Southcorp following its 1.5-billion Australian dollar acquisition of Rosemount Estate. The management of Southcorp is discussed.

Wine industry, Wineries, Rosemount Estate

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