Exclusive news and research on the wine, spirits and beer business

Tag Archive: Diageo

Diageo Makes Major Executive Changes, Naming New North America President And Global CMO

Diageo North America will come under new leadership July 1, as current president Deirdre Mahlan will retire on that date, to be replaced by Diageo board member Debra Crew. Continue reading →

Posted in News on March 24, 2020

News Briefs for March 20, 2020

•As state officials around the country continue to intensify safety measures in response to COVID-19, a sigh of temporary relief was heard in New York as Governor Andrew Cuomo excluded the liquor business from his recent executive order for non-essential service businesses to reduce in-office work staff to 25%. Continue reading →

Posted in News on March 20, 2020

Impact Seminar: Albert Baladi And Claudia Schubert On Pairing Values With Profits

Beam Suntory president and CEO Albert Baladi kicked off last week’s 44th Annual Impact Marketing Seminar with a presentation on “Building a Purpose-Driven Spirits Company.” Continue reading →

Posted in News on March 12, 2020

Diageo, Treasury Wine Warn On Coronavirus Effects

The spread of the coronavirus is taking a toll on leading drinks companies, particularly in Asian markets, with Diageo and Treasury Wine Estates issuing trading updates today warning of its effects on their respective businesses. Continue reading →

Posted in News on February 26, 2020

Diageo Settles With SEC For $5 Million In Overshipping Case

Diageo has agreed to pay a $5 million penalty related to SEC charges that the company overshipped to distributors in its 2014 and 2015 fiscal years. Continue reading →

Posted in News on February 20, 2020

Diageo’s U.S. Sales Rise 6%, With Tequila, Whiskies Driving Gains

Dynamic growth in the Tequila and whisk(e)y categories drove strong sales gains for Diageo in its fiscal first half through December, as the company’s North America unit posted revenues up 6% on an organic basis to £2.5 billion ($3.3b), and operating profit up 5% to £1.1 billion ($1.4b). Continue reading →

Posted in News on January 30, 2020

← Older posts