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Tag Archive: Diageo

With China’s Woes Continuing, Diageo Reportedly To Write Down ShuiJingFang Stake

With global spirits producers confronting an increasingly challenging landscape in China, Diageo is reportedly set to write down its stake in upscale Chinese white spirits (baijiu) maker ShuiJingFang. Continue reading →

Posted in News on July 28, 2014

Major Brands To Acquire Fellow Missouri Wholesaler MoBev

Missouri-based spirits and wine wholesaler Major Brands has agreed to acquire local rival Missouri Beverage Co. (MoBev) for an undisclosed sum. Continue reading →

Posted in News on July 25, 2014

Patrón Spirits Goes Further Upmarket, Launching Luxury Roca Patrón Range

As leading U.S. spirits marketers like Diageo, Pernod Ricard, Beam Suntory and Sidney Frank Importing Co. have made aggressive plays into the high-end Tequila market of late, Patrón Spirits Co.—which essentially created the segment with its flagship Patrón Tequila brand—has gone further upmarket with a new line of artisanal Tequilas called Roca Patrón. Continue reading →

Posted in News on July 16, 2014

Interview, Part 2: Tom Looney, President, Diageo Guinness USA

In Part 2 of this SND interview, Diageo Guinness USA president Tom Looney discusses plans for the beers in the DGUSA portfolio beyond Guinness, as well as the fate of the pouch business and the group’s latest efforts on the innovation front. Continue reading →

Posted in News on July 10, 2014

Diageo Gains Majority Control Of India’s USL, Ups Lead In Global Spirits Market

After a lengthy struggle, Diageo has succeeded in taking majority control of Indian spirits giant United Spirits Ltd. (USL). Continue reading →

Posted in News on July 2, 2014

Diageo’s Shares Rise On Rumors Of Merger With SABMiller

After falling to its lowest point in nearly two months late last week, Diageo’s share price has enjoyed a bounce amid rumors of a potential merger between itself and SABMiller. Continue reading →

Posted in News on June 30, 2014

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