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Wednesday 17 September 2014

Diageo

Mallya suffers as USL take on exports

Diageo-led spirits producer United Spirits has blocked a key revenue stream for the beleaguered UB Holdings by taking control of exports.

Monday, September 15th, 2014 No Comments »

Heineken turns down SABMiller takeover

Heineken has rejected a takeover bid from brewer SABMiller, saying that it is “non-actionable”, after months of speculation within the industry.

Monday, September 15th, 2014 No Comments »

Diageo sued over ‘whisky fungus’

Drinks giant Diageo is being sued by hundreds of residents who claim their homes have been blighted by a ‘whisky black’ mould.

Friday, September 12th, 2014 No Comments »

Denis O’Flynn elected WSTA chairman

The managing director of Pernod Ricard UK, Denis O’Flynn, has been elected the next chairman of the UK Wine and Spirit Trade Association.

Thursday, September 11th, 2014 No Comments »

Scottish independence ‘bad for business’

The Scotch industry has not been quick enough to highlight the negative commercial implications of an independent Scotland, according to one respected whisky industry figure.

Thursday, September 11th, 2014 No Comments »

Diageo opens world’s largest stout brewery

Diageo has opened the doors to its new €169 million brewery in Dublin – the world’s largest stout brewery.

Thursday, September 11th, 2014 No Comments »

United Spirits’ directors quit board

Three independent directors have quit United Spirits’ board days after Diageo launched an investigation into the company’s finances.

Wednesday, September 10th, 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 »

‘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 »

United Spirits’ chairman faces exile

Billionaire chairman of United Spirits, Vijay Mallya, has been declared a “wilful defaulter”, calling his position as chairman of the company into question.

Tuesday, September 2nd, 2014 No Comments »

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