If Ivan Menezes wanted a theme song to accompany his presentation of Diageo’s latest annual results, he might have chosen the 1980s hit The Only Way is Up.
Diageo has reported a 5% rise in net sales for 2014/15, signalling a turnaround in the company’s fortunes after a challenging few years.
One of southeast Asia’s largest drinks companies has announced its entry onto the Indian market with the launch of a range of premium single malts and gins.
Diageo has decided to forge its own path in the buoyant South African market, restructuring its business through the termination of a series of joint ventures.
Drinks giant Diageo is being probed in the US for allegedly artificially inflating its sales by sending more cases of alcohol to clients than required.
Ravi Rajagopal, Diageo’s global head of business development, is leaving the company at the end of September – the third executive level departure to be announced in the last month.
When Ivan Menezes unveils Diageo’s results at the end of this month, investors and analysts will be more interested in what he has to say about the group’s direction than its achievements in the past 12 months.
Three Scotch whisky producers have signed a £3.9 million deal to build a 13km pipeline, linking four of their distilleries to Scotland’s main gas network.
Barclays has ruled out renewing its sponsorship of Premier League football, leaving Diageo, which is rumoured to be compiling a bid, in strong standing.
Diageo’s Smirnoff vodka is fighting a decision to ban an advert was deemed to inappropriately imply that a successful night out depended on alcohol.
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