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Boring old beer back in vogue after wine gives Foster’s a…

Posted by admin | News | Posted on February 20th, 2008

The News Review:

- Boring old beer back in vogue after wine gives Foster’s a…
- Ice bars beer brewery pubs to come up in Haryana
- ‘Green’ beer coming to save the planet
- Price of tea beer to soar

Boring old beer back in vogue after wine gives Foster’s a…
The Age – Feb 20, 2008
Wine was meant to liven up the group byadding growth momentum. It has not turned out that way and unfortunately for Foster’sshareholders there wasn’t much in the December-half resultdelivered by Foster’s CE Trevor ‘Hoy yesterday to suggest thatthe situation will improve soon. Foster’s expansion into wine included two major acquisitionsthat vaulted its market share in this region and in the US. Thefirst was the $US1.

Ice bars beer brewery pubs to come up in Haryana
Hindu – Feb 20, 2008
Chief Minister Bhupinder Singh Hooda disclosed that while giving relief to the licensees the system of payment of 80 per cent licence fee in eight instalments had been revised to nine instalments and the last date for depositing the fee had been changed from the 15th of each month to the 20th. (According to PTI the new policy provides for introduction of “Ice Bars” and “Micro Beer Brewery Pub” to provide liquor at zero degree Celsius and beer after being brewed in front of the customers. “Ice Bars” would function at zero degree Celsius providing a new experience to the customers while the “Micro Beer Brewery Pub” would provide the customer of seeing his order being brewed in front of him on the small beer plant. The license fee for Ice Bar and Pub has been kept at Rs 1 lakh and Rs 2.

‘Green’ beer coming to save the planet
NEWS.com.au – Feb 20, 2008
story-share –> Foster’s plans carbon tax for new beerDrinkers will save the planetHangovers will still hurt FSTER’S plans to release two new tipples next month including a beer that is environmentally friendly. Drinkers will pay a carbon tax to enjoy the new full-strength beer. The other new tipple will be a sparkling wine Foster’s first vintage designed to be served with ice. The new products were revealed yesterday as the company disclosed that first-half profit took a 28 per cent hit due to falling US sales and a rising Australian dollar. Jamie ‘Dell head of Foster’s Australian businesses said locally the company was in great shape with earnings up 14.

Price of tea beer to soar
NEWS.com.au – Feb 20, 2008
article-tools –> From correspondents in London February 20 2008 10:05pm THE price of Britain’s favourite drinks – beer and tea – are set to soar as producers struggle to cope with rising costs. Industry experts believe the average price of a pint of beer could soon hit £4 ($A8. 50) while tea drinkers face a 25 per cent rise for a cuppa. A shortage of tea from Kenya Britain’s biggest supplier and surging malted barley prices are being blamed for the price hikes. Brewing giant Scottish and Newcastle which makes Foster’s lager in Britain has already increased its wholesale prices by 5.