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Celebrating Beverage Brilliance! Personality of the Year 2014 open for entries

The global beverage sector is thriving - driven by dynamic and creative individuals around the world. But do you or a colleague have what it takes to be recognized by...

Diageo, Casa Cuervo agree whiskey-tequila brand swap deal

Diageo has agreed to sell its Irish whiskey brand Bushmills to Casa Cuervo in exchange for full ownership of the Mexican distiller's Don Julio tequila brand. 

Diageo puts brakes on Scotch whisky expansion

Weakening global demand for Scotch whisky could put the brakes on Diageo’s plans to upgrade its northern distilleries as part of the business’s £1bn expansion plan announced in 2007.

multinational fined £18K for safety failings

Diageo's 'deep regret': Johnnie Walker Scotch distiller fined for worker injuries

Diageo Scotland has been fined £18k for safety failings, after two workers were injured in falls at separate plants in Moray. 

News in brief

Scotch Whisky Association welcomes 'stability' after nation rejects independence

Scotch Whisky Association (SWA) CEO David Frost has welcomed the 'stability' that a 'No' vote will ensure after the Scottish people voted to reject independence from the rest of the...

Diageo backs £10M fund for distillers

New and growing distillers could draw on a £10M fund to help their businesses grow, thanks to an initiative backed by spirits giant Diageo.

entrepreneurs can tap $100,000 funds to help Diageo grow

Diageo’s Dragon’s Den: Johnnie Walker distiller backs big beverage ideas

Diageo will pledge a series of $100,000 funds to technology companies and entrepreneurs it believes have the best ideas to solve its business challenges and drive growth.

PREMIUM BOTTLED ALES WILL SNARE NEW CONSUMERS, DIAGEO BELIEVES

Guinness should ditch 'trendy abstract' ads and innovate more: Mintel analyst

As Diageo launches two new UK Guinness varieties Mintel analyst Jonny Forsyth tells us he thinks the beer brand is anachronistic, needs to ditch the ‘trendy adverts’ and innovate more.

That’s the spirit: Diageo launches training course for unemployed

Diageo has launched a whisky retail training course for unemployed young people in Scotland this week, alongside youth employment charity, The Prince’s Trust. 

Portman Group panel tight-lipped after Diageo criticism

The UK’s Portman Group has declined to comment after Diageo criticized a decision by the alcohol-funded body’s Independent Complaints Panel stating that a display used to drive impulse C-store sales...

News in brief

AG Barr poaches Diageo supply chain guru as finance chief

Irn-Bru maker AG Barr has appointed Stuart Lorimer as finance director and he will join the soft drinks firm following a handover period at current employer Diageo.

Diageo’s lackluster 2014 gives CEO Menezes bonus blues

Diageo revealed yesterday that CEO Ivan Menezes, his predecessor Paul Walsh and CFO Deirdre Mahlan took home less than 10% of their possible bonus pot in fiscal year 2014 due...

IVAN MENEZES CONFIDENT DIAGEO CAN REBUILD AN 'ATTRACTIVE BUSINESS'

‘Shui Jing Fang appears to be broken, from the outside’: Analyst tells Diageo boss

Sales of Diageo’s super premium baijiu brand Shui Jing Fang fell 79% in 2014, but CEO Ivan Menezes insists the firm can rebuild an ‘attractive business’ by slashing prices and...

'A MIXED YEAR AND A TOUGHER ONE THAN WE ANTICIPATED AT THE START': CFO DEIRDRE MAHLAN

Diageo’s top line takes a hammering: 2014 results show Chinese dragon bites

Diageo said today that foreign exchange movements ‘severely impacted’ its 2014 top line while Chinese anti-extravagance measures also hit hard – our slideshow dissects the Johnnie Walker distiller's performance.

Diageo appoints Facebook exec to bolster digital marketing skillset

Diageo today announced leadership changes that CEO Ivan Menezes says will continue its shift away from regions towards greater market accountability, and also appointed a senior Facebook executive to bolster...

News in brief

Struggling Chinese baijiu sales weigh on Diageo?

Diageo reportedly plans to write down the value of its stake in China baijiu brand Shui Jing Fang, as the government's anti-extravagance drive hits sales.

Diageo's Captain Morgan rum rapped for implying alcohol can overcome boredom

Diageo rum brand Captain Morgan has again been censured by UK advertising regulator the ASA – this time for implying that alcohol can overcome boredom and is capable of changing mood.

PepsiCo, Heineken, Diageo trend up in 2013 global FMCG league but Tingyi steals show

PepsiCo, Heineken, Diageo and SAB Miller are all risers in the OC&C league table of Global Top 50 FMCG players in 2013, but China's Tingyi Holdings was the rising beverage...

‘EU doesn’t have resources to police trade deals properly’: spiritsEUROPE DG warns

The head of powerful EU spirits trade confederation spiritsEUROPE warns that the EU Commission needs more resources to better police trade agreements with outside nations.

'I wouldn't dismiss it outright': Analyst sees logic in SAB Miller, Diageo merger

Whispers of a $171bn+ merger between Diageo and SAB Miller have led to share spikes for both companies over the past couple of days and follow chatter about SAB tying-up...

Making a meal out of Haig Club: Diageo talks up Beckham-backed whisky in China

Diageo CEO Ivan Menezes insists the spirits giant must ‘innovate at scale’ to ensure a larger share of its growth stems from fewer launches along the lines of Haig Club...

Diageo cuts around 200 jobs to help hit £200m savings target by 2017

Diageo has confirmed circa. 200 job losses across its head office and regions as the Johnnie Walker and Guinness producer targets annual cost savings of around £200m by 2017.

Not When Harry Met Sally…When Suntory bought Beam!

Suntory’s $16bn takeover of Beam Inc. shocked many industry insiders but the likes of Diageo, Pernod Ricard and Bacardi likely sighed with relief, according to Rabobank.

BREAKING NEWS

Diageo plans $115m spend on Kentucky bourbon distillery

Diageo plans to spend $115m on new Kentucky bourbon distillery and warehouses to distill the company current brands and future products, as it seeks to expand its share in the...

Smirnoff faked by the IRA? Irish police raid moonshine racket

Irish police have seized equipment that reportedly forms part of an IRA fake vodka production racket running for more than two decades that copies brands including Smirnoff.