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Wednesday 10 February 2016


Diageo completes US wine exit with Chalone sale

Foley Family Wines has confirmed its purchase of the Chalone Estate Vineyard in California, completing Diageo’s exit from the wine category in the US.

Monday, February 8th, 2016 No Comments »

Ex-Diageo boss to head sports firm

Ex-Diageo CEO Paul Walsh has been appointed chairman of Chime Communications, owner of the sports marketing company run by Lord Coe.

Friday, January 29th, 2016 No Comments »

Spirits in off-trade still growing, Diageo says

Spirits in the UK off-trade are continuing to see growth, Diageo’s European boss said, but on-trade beer sales continue to suffer.

Thursday, January 28th, 2016 1 Comment »

Diageo ‘resilient’ in first half despite currency woes

Diageo has reported value sales growth of 1.8% and volume growth of 1% in the first six months of the year, with chief executive Ivan Menezes saying the company has “momentum and resilience”.

Thursday, January 28th, 2016 No Comments »

Treasury posts earnings above expectations

Treasury Wine Estates has reported a strong first half of this financial year, with preliminary accounts above analysts’ expectations.

Thursday, January 21st, 2016 No Comments »

Diageo enhances online nutrition info

Diageo has revamped its consumer information site DrinkIQ to include improved nutritional information for all of its brands.

Tuesday, January 19th, 2016 No Comments »

Diageo completes £361m sale of wine brands

Diageo has completed the sale of its US-based Chateau & Estate Wines and UK-based Percy Fox to Australia’s Treasury Wine Estates in a deal worth £361 million.

Monday, January 4th, 2016 No Comments »

Diageo out of ‘hall of shame’

UK drinks giant Diageo has been removed from the ‘Hall of Shame’ after taking steps to speed up payments to small businesses.

Wednesday, December 23rd, 2015 No Comments »

Heineken takes control of Red Stripe

Heineken will take control of Jamaican lager Red Stripe in the UK from 1 January 2016, following a global deal with Diageo worth US$780.5 million.

Monday, December 21st, 2015 No Comments »

Diageo North America CFO steps down

The chief financial officer of drinks producer Diageo’s North America division is stepping down “to pursue other career interests”, the company has announced.

Wednesday, December 16th, 2015 No Comments »

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