Diageo has reached an agreement to sell its majority holding in East African Breweries to Asahi for 2 point 3 billion dollars. This strategic move is part of Diageo’s ongoing
All posts tagged in Diageo
14Articles
Britain’s leading non-alcoholic beer, Guinness Zero, is at risk of Christmas shortages as employees at Diageo’s Belfast canning facility prepare for eight days of industrial action. Around 90 workers, represented
Diageo saw its market value rise by approximately £2 billion following the announcement that Sir Dave Lewis would become chief executive of the FTSE 100 drinks group. The appointment comes
Diageo, the global spirits giant behind Guinness and Johnnie Walker, has revised down its full-year sales forecast, despite reporting a better than anticipated first-quarter performance. The company now expects organic
Ontario’s premier, Doug Ford, has launched a fierce broadside against global drinks giant Diageo in response to its decision to close a major whisky production facility in Amherstburg, located on
c Diageo, the global drinks giant behind iconic brands such as Guinness and Johnnie Walker, has unveiled plans to intensify its focus on cost reductions just weeks after the sudden
Diageo the British drinks conglomerate behind Johnnie Walker is pivoting towards the rarefied heights of ultra premium Scotch as traditional sales falter and younger generations turn away from alcohol. Despite
Diageo, the drinks giant behind iconic brands such as Guinness and Johnnie Walker, has revealed a $500 million cost-cutting initiative to mitigate the financial impact of newly imposed US tariffs.
The world’s largest spirits manufacturer, Diageo, has abandoned its medium-term sales growth target of 5-7% amid mounting pressures from potential US tariffs and global market volatility. The decision marks a
The world’s leading spirits manufacturer, Diageo, finds itself at a critical juncture as investors grow increasingly concerned about the company’s performance under new leadership. The £55bn British drinks giant, known
The FTSE 100 drinks giant Diageo has firmly rejected rumours surrounding the potential sale of its iconic Guinness brand, putting an end to widespread market speculation that had driven its
A shocking theft of 35,000 pints of Guinness has intensified the nationwide shortage of the beloved Irish stout, causing significant disruption to the UK hospitality sector during its most crucial
Diageo’s iconic stout brand Guinness is facing unprecedented supply challenges in the UK market, prompting the company to tap into its Irish security stocks. The strategic move comes as British
In a surprising turn of events, an executive at Diageo, the parent company of Guinness, has predicted that the non-alcoholic version of the iconic beer could one day outshine its
