2012 - A Challenger Brand in Challenging Times
In 2012 Kronenbourg 1664's fortunes were not looking good. Sadly, this wasn't new. Since the heady pre-recession heights of 2007 when the business was selling 1.7m hectoliters of beer*, Kronenbourg had been in chronic value and volume decline within an industry that was selling less and less beer and where competition was stiffening.
In the on-trade Kronenbourg had lost 26% of volumes* in the last year and the more robust off-trade wasn't faring much better, with 14.5% in volume losses*.
With the burgeoning craft lager and world lager...