Home › Career & HR › CFO Edge: Beer Biz “Recession-Proof?” Not Really, Says Molson Coors CFO

CFO Edge: Beer Biz “Recession-Proof?” Not Really, Says Molson Coors CFO

May 21, 2010

by Jack Sweeney

in

Sneak preview of an upcoming Business Finance video interview: Stewart Glendinning, finance chief of one of the world’s biggest brewers, explains why beer producers can get dinged just like anyone else in a recession.

Molson Coors CFO Debunks Myth of “Recession-Proof” Beer
 | Source: The Big Fat Finance Blog.

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A recession isn't all bad

On January 13th, 2012 developers for android (not verified) said:

A recession isn't all bad news. Since interest rates tend to go down during recessionary periods, your debts will cost you less; and your debt repayment dollars will go further. Translation: it's a great time to pay down credit card debt.

prohibition and the new puritanism

On June 1st, 2010 Bob McNulty (not verified) said:

Regardless of the economy, expect this whole sector to take a major hit form knee-jerk reactionary legislation. Alcohol makes a convenient scapegoat for societies problems - further restrictions on the sale of alcohol and even bans will surely follow in the wake of political rhetoric. It might not happen soon, but it is very much "in the post".