A new partnership between alcohol brands, online retailers and delivery platforms pledges to create robust global standards for responsible online sales and deliveries of alcohol: with AB InBev, Molson Coors, Asahi, Drizly and Uber Eats all part of the...
Diageo has launched a 10 year sustainability action plan: setting goals including net zero carbon emissions from direct operations by 2030; and using 30% less water in every drink it makes.
Six beverage brands make the BrandZ Top 75 Most Valuable UK Brands ranking. What have these brands – which include BrewDog and Gordon’s Gin – done so well to put them alongside big names like Dyson, Jaguar and M&S?
Diageo says it has made a ‘good start’ to fiscal 21 as markets start to recover from the COVID-19 pandemic: with the US in particular showing ‘resilient consumer demand’.
Diageo will acquire Aviation American Gin, which is co-owned by actor Ryan Reynolds, through the acquisition of Aviation Gin LLC and Davos Brands LLC in a $610m deal.
Diageo has announced that its new Kentucky whiskey distillery – which will start distilling Bulleit next year – is expected to be ‘one of the largest carbon neutral distilleries in North America’.
Guinness maker Diageo says it expects a negative impact in fiscal 2020 due to COVID-19: given significant disruption to the on-trade in China and Asia and a hit to travel retail sales.
Diageo has created a joint venture, Ron Santiago S.A., with Corporación Cuba Ron S.A. The joint venture will have exclusive global distribution rights for premium Cuban heritage rum brand, Santiago de Cuba.
US-based wedding registry and e-commerce company Zola has teamed up with Diageo to develop a line of cocktails kits and gifts for the summer wedding season.
Mainstream culture has seen huge changes with the rise of social media, the internet, ecommerce and smartphones. Innovation and disruption has turned many industries upside down when it comes to retail and marketing, but to date the drinks industry has...
Diageo has seen a 7% rise in the number of tourists visiting its 12 distillery visitor centres in Scotland, which it says highlights another boom year for Scotch whisky tourism.
The International Alliance for Responsible Drinking – a group supported by global alcohol beverage companies including AB InBev, Heineken and Diageo – says ‘good progress’ has been made on a set of commitments to reduce alcohol related harm.
Treasury Wine Estates will acquire the majority of assets from Diageo’s US and UK wine operations for $552m, including Blossom Hill in the UK and Beaulieu Vineyards in the US.
A fermented tea brand is recalling products which could contain alcohol ‘at levels that may be intoxicating,’ while Ball announces it will close its Bristol, US, can end plant. Meanwhile, Carlsberg has been surprising air passengers... read on for more...
Rabobank has tipped rum to capture spirits market share from Scotch in the EU as high-quality aged sipping varieties win over consumers in the UK, Benelux, France, the Nordics and Eastern Europe.
MULTINATIONAL INSISTS IT VALUES 'OPEN AND FAIR' SUPPLIER RELATIONS
A UK-based small business lobby today attacked drinks giant Diageo for extending payment terms to new suppliers from 60-90 days under what the former claims is the cover of a supply chain finance scheme.
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 has launched a whisky retail training course for unemployed young people in Scotland this week, alongside youth employment charity, The Prince’s Trust.
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 to the firm's lackluster performance.
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 its digital marketing and communications skills.
With Diageo set to report its full-year 2014 results tomorrow, let’s look at what we might expect – with analysts predicting a share loss in US spirits and continued concerns in Asia-Pacific.
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 whisky and Captain Morgan White Rum.
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.
Diageo admits Smirnoff lost US share to discounted rivals over the last half year as lower-income spirits drinkers continue to suffer from an ‘uneven’ economic recovery.
The UK Office of Fair Trading (OFT) says it is considering an offer by Diageo to sell most of its Whyte & Mackay whisky business to address UK retail concerns over its $2bn merger with United Spirits.
Diageo CEO Ivan Menezes warns that the firm’s beer innovations in North America over the last year have failed and that it needs to ‘crack the code’ for brands such as Guinness that face increasing competition from super premium and craft beers.
Major Brands is claiming victory after a legal judgement allowed Diageo to break a distribution agreement in Missouri but raises the possibility of the spirits giant paying significant damages.
Politcian says constituents still feel 'let down by Diageo'
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.
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”.
BUT MAJOR BRANDS CEO INSISTS ON FIRM'S 'OUTSTANDING PERFORMANCE'
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...
Diageo will spend around £100m refocusing its global supply and procurement operations to reflect acquisitions in key emerging markets, but says the streamlining operation will probably mean job losses.
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 is in an arguably stronger market position than multinational peer SAB Miller due to its core exposure to spirits rather than beer, according to one City analyst who covers the firm.
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.
A City analyst tells BeverageDaily.com that he believes recent talk of Diageo mounting a $10bn+ takeover of Beam Inc. is more likely now the UK plc. has ended talks with Mexico’s Jose Cuervo.
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 says its acquisition of premium ‘cachaça’ (Brazilian rum) brand Ypioca makes it a ‘relevant’ player in Brazilian spirits and will allow it to boost sales of other key brands such as Smirnoff.
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 has ‘apologised unreservedly’ after Scottish independent BrewDog accused it of ‘overbearing and blackmailing behaviour’ in leaning on a judging panel to prevent its smaller rival from winning an award.
Diageo said today that super premium Scotch had been a stellar Chinese performer in the first half of 2011/12, but the firm poured cold water on press reports that US rap star P.Diddy planned to launch his own tequila brand.
Diageo today announced plans to invest €153m in a brewing centre of excellence at St James’s Gate, Dublin, that it said would form part of a wholesale rejuvenation of the iconic site.
