Diageo

Investors Tempted By Brewers As Spirits Sales Falter

Investors are warming to beer stocks as a relatively cheap way to benefit from growth in alcohol brands, particularly in emerging markets, as eas...

Diageo Contributes €13bn Annually To Europe's Economy, Study Finds

Diageo contributes over €13 billion to Europe’s economy every year, creating jobs for over 200,000 people, a new report from Oxford Economics sh...

Johnnie Walker Maker Diageo Misses First-Half Sales Estimates

Diageo, the world's top spirits maker, missed first-half sales estimates, as a sharp decline in Latin America weighed on group results.

Diageo's Kenyan Unit Calls Tusker Beer Sale Report 'Market Speculation'

East African Breweries (EABL) has dismissed a media report that its parent company Diageo wants to sell the Tusker beer brand as part of broader cuts.

Diageo Faces Fight to Regain Investor Confidence As Mexican Sales Slow

Diageo faces a battle to win back some investors' trust following last month's profit warning as the Johnnie Walker whisky and Tanqueray gin maker tries to...

India's Love Of Homegrown Single Malts Shakes Up Pernod, Diageo

As India comes into its own as a maker, not just consumer, of whisky, its single malts are reshaping the country's $33 billion spirits market.

Italy's Campari To Buy Courvoisier Cognac From Beam Suntory

Campari has agreed to buy historic French cognac house Courvoisier from Beam Suntory for an initial price of $1.20 billion (€1.11 billion),...

Pernod Ricard Takes Aim At Chinese Market With Locally Made Whisky

French spirits maker Pernod Ricard has launched The Chuan pure malt whisky in China, the first product released by its local distillery in southwestern Sic...