Briefs: Diageo, Grolsch and Folgers Coffee
This week, Diageo posts half-year profit improvements thanks to
Guinness and spirits, Grolsch continues to struggle with the UK
premium lager market, and P&G reportedly hikes prices for its
Diageo rules out Absolut move after Ketel deal
Diageo will not move for V&S' Absolut brand, after announcing
this week that it will buy into a joint venture with a
Netherlands-based premium vodka maker instead.
Diageo expands with premium US wine buy
Diageo is to expand its presence within the high growth US market
for premium wines with the acquisition of national producer
Rosenblum Cellars for $105m (€71m).
Diageo claims responsible drinking ad success
Diageo claims that its recent television advertising campaign
promoting responsible drinking is bringing major benefits to both
consumers and its own brand identity.
Spirit brands drive Diageo profit growth
Diageo today forecast organic operating profit will increase
by nine per cent in the current financial year after posting
strong gains across the majority of its big brands, including
Diageo pledges green future for the black stuff
Diageo's Guinness brand received a boost yesterday as its attempt
to go green paid off amidst growing uncertainty over the future of
the beverage and its famous Dublin-based production plant.
Diageo on track with 2007 ambitions
Diageo said it had achieved eight per cent growth in operating
profit for its full year ending 30 June following an improved
second half performance.
South Korean strife set to continue for Diageo
Diageo's operations within the lucrative South Korean whisky market
are facing further threats from ongoing investigations into its
practices within the country, the company said today.
Diageo mulls Guinness move
The future for Guinness's historic Dublin-based production site
seems as unclear this week as the popular beverage
itself, after Diageo announced that it was reviewing the
effectiveness of its production network in Ireland.
Consumers do listen to responsible drinking ads, Diageo
Consumers do heed messages advising them to drink alcohol
responsibly, says a survey by Guinness maker Diageo, as it launches
a series of television adverts in the UK.
Diageo plan to split Scottish & Newcastle
Diageo approached SABMiller to discuss carving up fellow alcoholic
drinks giant, Scottish & Newcastle, adding to speculation over
Diageo targets Asia-Pacific challenges with new regional hub
Drinks giant Diageo has announced the creation of a combined
regional hub for its Asian Pacific operations as it looks to
increase its focus on distributing its brands in the region.
Diageo fortifies sales with Guinness bread
Drinks firm Diageo has teamed up with an Irish baker to put its
iconic Guinness drink into bread, part of a move to expand the
brand into a wider range of foods.
Diageo and co missing UK whisky gap
A blended whisky owned by drinks group Diageo has been crowned the
best Scotch in the world, but consumers in Britain were unlikely to
get a sniff, according to judge Jim Murray.
Diageo quells sparkling spirits rumours
Diageo, the world's largest alcoholic drinks firm, denied it
planned to launch sparkling spirit drinks in the UK in the near
future after filing a patent for a new way of adding fizz to hard