Diageo

Diageo To Sell 19 Brands To US-Based Sazerac For $550m

Diageo Plc is selling 19 spirits brands, including Seagrams VO whisky and cinnamon schnapps Goldschlager, to U.S.-based company Sazerac for $550 million as...

Rémy Cointreau’s Second Quarter Sales See Premium Boost

French spirits company Rémy Cointreau achieved stronger-than-expected second quarter sales, helped by robust demand for its premium cognac in China,...

Diageo Announces Launch €2 Billion Of Fixed-Rate Bonds

Drinks giant Diageo has announced the launch of €2 billion in fixed-rate euro-denominated bonds under its European Debt Issuance Programme. The iss...

Johnnie Walker To Open Its First Flagship Experiential Retail Store In Madrid

Diageo has announced that Johnnie Walker will open a flagship store in Madrid that will house a special collection of the brand's whiskeys, and host a...

Currency Movements Knock £175m Off Diageo Sales

Spirits maker Diageo Plc has forecast a much bigger than previously expected hit from foreign exchange movements this year after weeks of volatility on eme...

Diageo Announces Buyback After First Half Sales Rise

Diageo, the world's largest spirits company, announced a share buyback programme on Thursday after first-half sales and profits rose despite currency headw...

Diageo Starts Work On £6.4m Whiskey Research Facility In Scotland

Diageo plc, the world's largest spirits company, has announced that it has started working on a new £6.4 million centre for scientific research and w...

Diageo Offers To Raise Stake In China's Sichuan Shuijingfang

Diageo Plc, the world's largest spirits company, said that it has proposed to increase its stake in Chinese baijiu-maker Sichuan Shuijingfang Company to ra...