Diageo

Royal row for Diageo as top Irish lawyer slams Guinness 'PR coup'

Royal row for Diageo as top Irish lawyer slams Guinness 'PR coup'

By Ben BOUCKLEY

The director general (DG) of the Law Society of Ireland has reportedly said that the Irish government should stop foreign dignitaries like Queen Elizabeth and Prince Philip from being pictured with a pint of Guinness, branding it the ‘greatest PR coup...

MP attacks Diageo on outgoing CEO Paul Walsh's 'excessive' pay packet

Politcian says constituents still feel 'let down by Diageo'

MP attacks Diageo on outgoing CEO Paul Walsh's 'excessive' pay packet

A Scottish MP has attacked Diageo’s remuneration of outgoing boss Paul Walsh, and says the people she represents in Kilmarnock still feel ‘let down’ by the firm for closing a Johnnie Walker bottling plant in 2012.

Diageo eyes new Connecticut opportunity in malt-based frozen RTDs

Diageo eyes new Connecticut opportunity in malt-based frozen RTDs

By Ben BOUCKLEY

The Connecticut Department of Energy and Environmental Protection (DEEP) tells BeverageDaily.com it opposes a successful state bill allowing sales of malt beverages in pouches on recycling grounds, as Diageo eyes frozen alcoholic RTD success in another...

Walsh's tenure was described as 'a game of two halves' by Investec

Diageo boss to step down after 13 years

By Mike Stones

The boss of Guinness and Johnnie Walker whisky maker Diageo is to step down after 13 years at the helm, in what City analyst Investec described as “a well-flagged transition”.

Diageo sues distributor Major Brands for ‘unacceptable’ performance

BUT MAJOR BRANDS CEO INSISTS ON FIRM'S 'OUTSTANDING PERFORMANCE'

Diageo sues Missouri distributor Major Brands for ‘unacceptable’ performance

By Ben BOUCKLEY

Diageo is suing its principal Missouri wines and spirits distributor Major Brands, alleging ‘unacceptable’ performance, but Major CEO Susan McCollum insists her firm has a long record of 'outstanding performance' with the drink's giant's...

Moody’s feels brighter about beverage industry prospects

Moody’s feels brighter about beverage industry prospects

By Ben BOUCKLEY

Bond credit rating business Moody’s has revised its outlook for the global beverage industry upwards, citing rising middle class demand in emerging markets for high-end wines and spirits from the likes of Diageo, Heineken and Bacardi.

United Spirits: India regulator gives green light for $2bn Diageo deal

United Spirits: India regulator gives green light for $2bn Diageo deal

By Ben BOUCKLEY

The Indian Competition Commission (CCI) has approved Diageo’s purchase of a 53.4% stake in United Spirits (USL), saying that the £1.28bn ($2.04bn) purchase may boost the nation’s premium spirits market and improve consumer choice without jeopardizing...

Diageo hopes for UK frozen cocktail frenzy with Parrot Bay

SPIRITS GIANT PLANS $3.19M M&A SPEND TO BACK UK LAUNCH

Diageo hopes for UK frozen cocktail frenzy with Parrot Bay

By Ben BOUCKLEY

Diageo is set to introduce a new sub-category within RTD cocktails in the UK, by launching its Parrot Bay frozen alcoholic drinks in April following ‘explosive’ US growth.

Diageo faces struggle to make United Spirits pay: Analyst

Diageo faces struggle to make United Spirits pay: Analyst

By Ben BOUCKLEY

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.

Diageo terminates talks on 'future' of Jose Cuervo tequila brand

BREAKING NEWS

Diageo terminates talks on 'future' of Jose Cuervo tequila brand

By Ben Bouckley

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 files 'pourable slush' patents for RTD cocktails

Diageo files 'pourable slush' patents for RTD cocktails

By Ben Bouckley

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 CEO Paul Walsh (Picture Copyright: Diageo)

Diageo set to win reprieve in great Indian spirits game?

By Ben Bouckley

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.

Star Turkish turn boosts Diageo spirits

Star Turkish turn boosts Diageo spirits

By Ben Bouckley

Diageo CEO Paul Walsh says his firm’s H1 top line sales growth was driven by “real momentum” in emerging markets such as Turkey, a star performer following his firm’s acquisition of Mey İçki.

Diageo ups spirits stakes in Vietnam with new Halico deal

Diageo ups spirits stakes in Vietnam with new Halico deal

By Ben Bouckley

Diageo has announced the successful closure of its public offer to acquire an addition 10.62% state in Hanoi Liquor Joint Stock Company (Halico), as it aims to work with the company in the 'rapidly growing' Vietnamese branded spirits sector.

Picture Copyright: William Brawley/Flickr

Diageo 'delight' at UK success for Nigerian sorghum-based Guinness

By Ben Bouckley

Diageo has told BeverageDaily.com it is 'delighted' by the export success of its African sorghum-based beers in markets such as the UK, but said there would be no wholesale push to market such products abroad, although it would assess opportunities...

Diageo completes Ethiopian acquisition

Diageo completes Ethiopian acquisition

By Ben Bouckley

Diageo claims its new acquisition of Meta Abo Brewery in Ethiopia allows it to gain access to a fast-growing market. In beer to complement its existing spirits business.

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