Diageo targets US$1bn in savings as Dave Lewis unveils turnaround plan
Diageo has launched a three-year programme to improve efficiency and restore growth under new chief executive Sir Dave Lewis. The drinks group will target an additional US$1…
European FMCG news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Spirits Maker Diageo Launches $1bn Cost-Cutting Plan To Arrest Subdued Growth
Diageo targets $1bn in savings over three years as it forecasts low-single-digit sales growth through 2029.
Don Julio appoints India brand ambassador
Former Diageo World Class Mexico champion Israel Barón has taken up the brand ambassador role for Don Julio in India The post Don Julio appoints India brand ambassador appeared…
India bans Diageo brands over added flavourings
India's food regulator has prohibited the sale of several brands, including United Spirits' Royal Challenge Whisky and McDowell’s No.1 Rum The post India bans Diageo brands over…
Union says Diageo ‘steam-rolling’ through job cuts
GMB Scotland has accused Diageo of refusing to engage with workers and ease the impact of job losses at its Scotch distilleries The post Union says Diageo ‘steam-rolling’ through…
After Decades, Diageo's Partnership With Moët Hennessy Has Lost Some Fizz
Diageo’s Moët Hennessy alliance faces scrutiny as weaker returns and complex ties add pressure on new CEO Dave Lewis.
Diageo appoints new Asia Pacific chief
Johnnie Walker owner Diageo has confirmed it has hired Sujay Wasan to lead its Asia Pacific business The post Diageo appoints new Asia Pacific chief appeared first on The Spirits…
India halts sales of Diageo and Inbrew spirits over flavouring concerns
India's food safety regulator has halted the sale of several popular whiskies and rums after finding they contained artificial or nature-identical flavourings. The decision…
Be Spring Iced Tea bringing “Scottish freshness” with D2C site and venue partnerships
A new sparkling iced tea, made with water from Scotland’s Loch Katrine, has been launched by former Diageo and Coco-Cola executives. Be Spring Iced Tea has been unveiled by Oscar…
Don Julio brings latest Última Reserva extra añejo Tequila to UK
Diageo has allocated just 318 bottles of Don Julio’s solera-aged extra-añejo Tequila to selected UK retailers and on-trade The post Don Julio brings latest Última Reserva extra…
United Spirits backs India’s ‘first’ limoncello
The Indian arm of Diageo has agreed to buy a 10% stake in a company that makes an Italian-inspired limoncello and a Korean-style soju The post United Spirits backs India’s ‘first’…
NIO Cocktails bets on UK under new owner
NIO Cocktails is under new ownership following the closure of Diageo’s Distill Ventures and a subsequent restructuring of the business The post NIO Cocktails bets on UK under new…