Verenigd Koninkrijk · London
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’…
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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…
Diageo India reports 51.6% profit increase in Q1
United Spirits was propelled by double-digit growth in the Prestige & Above segment in its unaudited first-quarter results The post Diageo India reports 51.6% profit increase in…
Diageo’s India unit reports 52% leap in quarterly profit
United Spirits, Diageo's Indian subsidiary, has reported a sharp rise in first-quarter profit, fuelled by robust demand for its premium spirits portfolio. The post Diageo’s India…
Diageo teams face cuts of up to 30% in major cost overhaul
Diageo is cutting up to 30 per cent of roles across some teams as new chief executive Sir Dave ‘Drastic Dave’ Lewis launches a sweeping restructuring of the Guinness and…
Diageo Chair Plans Board Shake-Up, FT Reports
Diageo chair John Manzoni is seeking directors with drinks-sector expertise as part of a board shake-up, the FT reports.