Diageo has blamed a net sales loss of £1.1 billion in 2014 on weak emerging markets and a continued slowdown in China.
Jägermeister’s first ever UK TV advert has been banned after it was deemed to encourage “tough” or “daring” behaviour.
Dozens of the world’s leading mixologists have raised a glass at Gleneagles in Scotland to celebrate the start of the Diageo Reserve World Class global mixology finals.
JD Wetherspoon will not stock any Diageo-distributed products “for the long- term” in its new pub ventures in Ireland unless it can haggle lower prices from the brewer.
Analysts have predicted Diageo’s net sales growth will have risen by 0.5% in 2014, ahead of the release of the company’s full end of year results next week.
The end of June may have marked watersheds for both Diageo and Pernod Ricard, respectively the world’s two leading premium alcohol groups.
Speculation is growing that an AB InBev purchase of rival brewers SABMiller could be imminent, shutting out rumoured moves by Diageo to make the acquisition.
Scotch producer William Grant and Sons has donated what has been described as a “substantial sum” of money to the campaign against Scottish independence.
Diageo has appointed Apurvi Sheth to the newly created role of MD south east Asia emerging markets and joint ventures (JVs).
Diageo and SABMiller are enjoying a rise in their stock ratings on the FTSE 100 amid rumours that the companies may merge.
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