“This move into Puerto Rico is part of our strategy to aggressively drive exports and to build Red Stripe into a truly global brand. Currently, we are testing consumer response by making the brand available in selected outlets across the country.”
“If you look at other brands over the world, such as Guinness in Ireland, more Guinness is sold outside of Ireland than within, as with the case of Heineken in Holland. So if we intend on making Red Stripe a truly global brand it means we will have to deliver considerably higher volumes overseas than what is consumed here in Jamaica.”
“The dynamic of the market in Puerto Rico right now led us to believe that another entrant, such as Red Stripe, would do very well in that market. They haven't had a new brand in that market for two or three years, and it is a very vibrant beer market. Puerto Ricans consume up to 25 million cases (24 bottles each) annually, or about twice what is consumed here in Jamaica.”
