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Sunday 21 December 2014

Business

Shareholders back ‘excessive’ Diageo bonuses

Diageo has garnered “overwhelming support” from its shareholders for bonuses criticised by some as “excessive” at its annual meeting.

Friday, September 19th, 2014 No Comments »

Innis & Gunn breaks £10 million barrier

Scottish brewer Innis & Gunn has reported a record turnover of £10.5 million – up 15% on last year and breaking through the £10m mark for the first time.

Thursday, September 18th, 2014 No Comments »

Ad mogul gives cutting critique of wine trade

The wine industry is “peculiar, fragmented, confusing and impenetrable” and lacks innovation, according to one of the UK’s foremost figures in advertising.

Thursday, September 18th, 2014 8 Comments »

AB InBev eyes £75bn SABMiller takeover

AB InBev is preparing to secure funds of up to £75 billion (US$122bn) to buy rival UK brewer SABMiller, according to reports by the Wall Street Journal.

Monday, September 15th, 2014 No Comments »

Russia’s drinks market on a knife edge

Russia’s alcoholic drinks industry is in tatters, reeling under the pressure of excise tax hikes, advertising bans and relentlessly tightening legislation.

Wednesday, September 10th, 2014 2 Comments »

William Grant & Sons buys Drambuie

William Grant & Sons has acquired the Drambuie whisky liqueur brand.

Monday, September 8th, 2014 No Comments »

Pernod eyes up billion euro acquisition

Pernod Ricard could raise and spend “a few billion euros” on the right acquisition, if one came along, according to its deputy chairman and joint chief executive.

Monday, September 8th, 2014 No Comments »

Inquiry launched over £445 million USL loss

United Spirits has revealed a net loss of £445 million, prompting majority owner Diageo to launch an investigation.

Friday, September 5th, 2014 No Comments »

William Grant posts £1.12 billion turnover

Hendricks Gin has helped boost the annual turnover of William Grant & Sons to a record £1.12 billion, a 5.2% increase on the previous year.

Friday, September 5th, 2014 No Comments »

‘China downturn deeper than anticipated’

Several years of heavy investment in China has been blamed by many spirits producers as the root cause of a string of depressed annual results.

Friday, September 5th, 2014 No Comments »

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