Archive of all Diageo articles – Page 9
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NewsCMA gives Diageo the green light to complete Chase acquisition
UK regulators have cleared Diageo’s acquisition of Chase Distillery after concluding the deal will not result in a “substantial lessening of competition”.
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NewsSpirit sales in North America uplift Diageo despite closure of pubs
The maker of Johnnie Walker and Guinness surprised the market on Thursday by reporting a 1% rise in organic net sales
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NewsCity snapshot: US growth boosts Diageo despite pandemic hit to travel sales
Global spirits giant Diageo has shrugged off the closure of pubs and bars across the world and a slump in travel retail to post a rise in organic sales. Plus trading updates from Fever-Tree, Britvic, Tate & Lyle and all the rest of the latest news from the City.
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NewsGordon’s pushes into low & no with 0.0% spirit
It makes Gordon’s by far the biggest spirits brand so far to launch a non-alcoholic version of its core liquid
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NewsDiageo to roll out voluntary health warning labels
The labels will first roll out across its one litre bottles of Smirnoff and Gordon’s Pink Gin in early 2021
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NewsAt-home demand for gin helps Chase Distillery offset on-trade collapse
The company, which was snapped up by Diageo in October, experienced “very strong” growth with retail partners
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NewsGuinness recalls newly launched alcohol-free version over contamination fears
The Diageo-owned brand urged shoppers not to consume purchased cans of the drink
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NewsDiageo snaps up Chase Distillery for undisclosed sum
The deal is expected to close early next year
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NewsDiageo adds new Gordon's and Smirnoff RTD cocktails to range
The duo meet demand for branded spirits in premix cockails, said Diageo
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NewsCity snapshot: Diageo CEO hails resilient performance as recovery continues
Diageo has raised its outlook for the first half on the back of a good start to its new financial year, with the US business performing ahead of expectations.
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NewsDiageo gives Walker trio of new bottles
The limited-edition block colour bottles use an opaque wrap to replace the brand’s classic glass bottle and slanted label
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NewsDiageo expands non-alcoholic portfolio with Rheinland Distillers investment
Diageo-owned drinks accelerator Distill Ventures has invested in award-winning German gin maker Rheinland Distillers
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NewsCity News: Diageo shares under pressure as results fail to meet expectations
Shares in the world’s largest spirits group Diageo came under pressure this week as its annual results undershot meagre expectations and it took £1.3bn of coronavirus-driven writedowns.
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NewsMedia Bites 7 August: Diageo, Hammerson, M&S/Ocado
Diageo has locked horns with LVMH, the world’s biggest luxury goods firm, over an unpaid dividend
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NewsLockdown and writedowns halve Diageo’s annual profits
Annual profits at global spirits giant Diageo have almost halved amid write-downs of £1.4bn and an 8.4% slump in sales due to closure of pubs and restaurant, the cancellation of sporting events and a plunge in travel retail.
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NewsDiageo unveils "world's first" plastic-free paper bottle for spirits
It had been designed to meet food-safe standards and be fully recyclable in standard waste streams
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NewsCity snapshot: Diageo suspends share buyback scheme and withdraws financial guidance
Global spirits group Diageo has suspended its £4.5bn share buyback scheme and withdrawn financial guidance for its 2020 financial year, though it will still pay an interim dividend. Elsewhere, Naked Wines and Distil see coronavirus trading boost, Supermarket Income REIT looks for cash to fund acquisitions and all the rest of the latest news from the City.
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NewsDiageo to donate alcohol for hand sanitiser production
The booze giant has pledged to donate up to two million litres of alcohol to manufacturers
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NewsDiageo’s Distill Ventures hires Gareth Bath as Europe MD
Bath, who stepped down from the helm of Curious Drinks in late December, will be based at Distill’s London office