Brand Spur Volume 1, Issue 2 - Second Edition | Page 16

Alcoholic Beverages Heineken launches “Heineken 3”, mid-strength beer targeting day drinkers Dutch brewer, Heineken unveiled its newest creation on Friday in Australia. The new brand named “Heineken 3” is a premium mid-strength extension of its famous brand with lower calories and carbs. Read more...… BRANDSPURNG.COM Nigeria’s downturn leading to value brand switch, warns Heineken Heineken said on Tuesday that the current economic slump in Nigeria is making beer drinkers switch to cheaper brands. “Nigerian consumers are still drinking beer,” the brewer acknowledged, but is concerned many are moving away from premium to value brands Read more...… Diageo shows signs of return to growth but held back as currency headwinds hit revenue and profits Diageo said on Thursday that revenue for the full year ended June 30 2016 fell 3% to £10.5bn, while net profit declined 6% to £2.24bn ($2.94bn), from £2.38bn a year earlier as currency devaluations and sale o