Daily Archive: November 16, 2023
Diageo Sets U.S. Priorities, Aiming To Win In Whisk(e)y And Tequila
After downgrading its outlook for the fiscal first half ending in December on Friday owing to struggles in Latin America, Diageo’s top executives said yesterday that they continue to expect improvement in the U.S. market over the coming months, with consumer sentiment moving in a positive direction, particularly in regard to the on-premise. Continue reading →
Posted in News on November 16, 2023WSWA: Spirits Resilient In The On-Premise
While year-to-date volume trends through September show spirits down 5.1% and wine down 8.4%, according to the WSWA’s SipSource depletions tracker, the on-premise market for spirits continues to show resilience. Continue reading →
Posted in News on November 16, 2023Diageo Wins Delay In Diddy Case Until 2024
Diageo won a delay in its ongoing legal battle with Sean “Diddy” Combs over the DeLeón and Ciroc brands, as Diageo was a granted a stay that allows it to continue its appeal in a lower court to send the dispute to arbitration, while pausing Combs’ current suit against the company in the New York court system. Continue reading →
Posted in News on November 16, 2023News Briefs for November 16, 2023
•Ole Smoky Distillery has announced a new national alignment with Southern Glazer’s Wine & Spirits, bringing the Tennessee distillery’s entire portfolio—including the recently acquired Tanteo Tequila—under SGWS in 36 states and Washington, D.C. Continue reading →
Posted in News on November 16, 2023
