Numerous Scottish distilleries are exhibiting signs of significant financial distress, as both domestic and global demand for spirits continues to wane. Research conducted by BTG Begbies Traynor has revealed that
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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
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.
In a significant development amid ongoing trade tensions, the European Union has opted to remove plans for imposing retaliatory tariffs on American bourbon. This decision follows intense lobbying efforts from
President Donald Trump has reignited trade tensions between the United States and the European Union by threatening a substantial 200 per cent tariff on wine, champagne, and other alcohol products
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
Scottish spirits giant William Grant & Sons has announced exceptional financial results for 2023, with sales approaching £2 billion and pre-tax profits soaring to £554 million, marking a significant increase
