Struggling Diageo to cut costs by more than a billion
Beverage manufacturer Diageo, owner of Johnnie Walker, Smirnoff, and Baileys, plans to make significant cost cuts following a decline in revenue, while simultaneously investing in…
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Lewis bets on Guinness and RTDs in Diageo recovery strategy
Sir Dave Lewis is going deep with cost cutting at Diageo, but he is also intent on restructuring the business to unlock greater value from its portfolio, writes Ron Emler. The…
Diageo looks to Guinness and premixed cocktails for turnaround
Diageo has unveiled plans to double Guinness production as part of a major turnaround programme, that will also see the drinks giant reduce roles across its global workforce. The…
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…
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…