Tag Archive: Casamigos
Diageo Seeks to Dismiss Tequila Lawsuit
Diageo has petitioned the U.S. District Court, Eastern District of New York with a proposed schedule to dismiss the lawsuit concerning additives use in its Tequila brands. Continue reading →
Posted in News on October 6, 2025Exclusive: U.S. Spirits Market Slows, But Heads For 30th Straight Increase
While inflation, higher tariffs, and inventory issues persist, continued growth from RTDs, Tequila, and higher-priced spirits in general will propel the market to its 30th consecutive annual gain this year, according to the 2025 edition of The U.S. Spirits Market: Shanken’s Impact Databank Review & Forecast. Continue reading →
Diageo’s Interim Chief Outlines Plans To Accelerate Growth
Diageo interim CEO Nik Jhangiani, who assumed leadership of the world’s largest spirits player last month upon the departure of Debra Crew, has been named as a contender to take on the chief executive role on a permanent basis. Continue reading →
Diageo Posts U.S. Sales Up 1.6% In Full Fiscal Year
Diageo saw global sales climb 1.7% organically to $20 billion in its fiscal year ended in June, as operating profit before exceptional items dipped 0.7% to $5.7 billion. Continue reading →
Posted in News on August 6, 2025Diageo Hits Back In Tequila Class Action Case
Diageo was recently targeted by a class action lawsuit from plaintiffs who assert that Tequila brands Casamigos and Don Julio don’t live up to their billing as 100% agave spirits. Continue reading →
Posted in News on July 15, 2025Casamigos Enters The RTD Space
Diageo has extended Casamigos into the RTD space with a new line of canned Margaritas. Continue reading →
