The potential upsides in Diageo’s potential acquisition of a majority stake in India's United Spirits (USL) are clear but achieving acceptable profitability from the business may be tricky, according to one analyst.
Pharrell Williams claims he created Q Qream liqueur “to celebrate the beautiful, independent and sophisticated women of today”. However, the dream went sour after partner Diageo did not keep to its part of the bargain to make the product a success, alleges...
Diageo said today it had terminated discussion with Jose Cuervo relating to the future of the tequila brand, and that both parties will now work to ensure the orderly end of the current distribution agreement due to expire in June 2013.
Diageo remains tight-lipped on reports it may make a $10bn+ swoop for Beam Inc. but one analyst tells BeverageDaily.com he believes no imminent deal is likely, given the firm’s preoccupation with United Spirits and Jose Cuervo.
Diageo has filed patents in a range of nations detailing a formulation process for alcoholic cocktails, sold in bottles at ambient temperatures then frozen by consumers to form a ready-to-serve pourable slush.
Diageo has dismissed as 'baseless' legal action taken by Destileria Serralles (DSI) in the US, which alleges contractual breaches linked to the former's move to shift production of Captain Morgan rum from Puerto Rico to the US Virgin Islands...
After 'huge and unsuccessful efforts' to re-enter India after it made the strategic mistake of exiting the market in 2002, Diageo's near deal with United Spirits would win it a reprieve, according to a top alcoholic drinks analyst.
Diageo Americas Supply has been sent an air pollution ‘notice of violation’ letter by city authorities in Louisville, Kentucky, which alleges that excess ethanol emissions from warehousing used to age whiskey led to breathing difficulties for some residents.
Foster’s Group has hit out at complaints leveled at its Victoria Bitter (VB) brand Facebook page and upheld by the Australian Advertising Standards Board (ASB), arguing that brands are accountable for user comments as 'advertisements'.