Archive of all Diageo articles – Page 10
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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Global spirits group Diageo has suspended its £4.5bn share buyback scheme and withdrawn financial guidance for its 2020 financial year, though it will still pay an interim dividend.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
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NewsDiageo appoints new chief information officer
He has almost 25 years’ experience working in FMCG
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NewsFormer Diageo CEO Paul Walsh takes stake in Brockmans Gin
He has joined the company’s advisory board to help “shape strategy” for the next phase of development
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NewsFlavoured gin craze sees Gordon’s Pink add £63m
The Diageo spin-off is now bigger than Russian Standard, Bell’s, Captain Morgan and other household names
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NewsCity snapshot: Diageo earnings on target but ‘not immune’ from global trade threat
Diageo has said it expects to post solid organic sales and profit growth, but has warned it is “not immune” from disruption associated with changes to global trade policies. Plus, Coca-Cola HBC buys Italian waters supplier, Tate & Lyle agrees pensions deal and all the rest of the latest news from the City.
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NewsDiageo expands Game of Thrones partnership with Johnnie Walker duo
The drinks are the latest in a series of launches from Diageo inspired by the hit show
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NewsDiageo shares drop despite growth and £4.5bn share buyback
Hard-to-please investors sent shares of global booze giant Diageo down on Thursday despite being garnished with a £4.5bn share buyback and profit growth ahead of expectations.
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NewsGuinness Open Gate teams up with Partizan for ‘hybrid’ craft brews
The limited-edition beers are billed as being “inspired by the aperitivo trend”
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NewsTanqueray adds premixed gin & tonic duo in bottles
The RTDs are available from Waitrose, Ocado and Amazon
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NewsSmirnoff and Kopparberg spin-offs lose out in range shake-ups
Smirnoff Cider and Kopparberg’s Crafted Warning canned cider have suffered delistings in the mults
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NewsDiageo exploring food delivery apps and cocktails on draught
The spirits giant is targeting growth in ‘third space’ outlets that blend hospitality and retail
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NewsDiageo ditches all plastic from its beer packaging
Cardboard packs roll out in Ireland from August 2019 and other markets from 2020
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NewsGame of Thrones whisky range gets February release date
The packaging is based on the warring houses of Westeros and their mottos from the hit HBO fantasy drama
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NewsDiageo hails year of progress as it narrows gender pay gap
Diageo has consistently outranked other FTSE100 players when it comes to gender diversity
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NewsBulleit Bourbon unveils bottle designed by tattoo artist
Each bottle comes with a neck tag featuring a QR code which, when scanned, allows shoppers to access an “interactive augmented reality experience”
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NewsDiageo to sell 19 brands to Sazerac for $550m
Booze giant Diageo has announced plans to sell a portfolio of 19 spirit brands to US group Sazerac in a deal worth US$550m.
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NewsDiageo Futures MD David Gates joins BrewDog’s LoneWolf
He told The Grocer he wanted to carve out a similar niche for LoneWolf in the spirits sector as BrewDog had done in beer