Tag Archive: Diageo
Diageo, Proximo, Campari Among Those Seeding Growth In Mezcal
After several years of rapid growth from a small base, mezcal is gaining traction with mainstream consumers, propelled by brand leaders like Del Maguey, Ilegal, and Banhez. Continue reading →
Posted in News on March 2, 2023News Briefs for February 24, 2023
•Diageo has announced Don Julio Rosado, a new cask finished Tequila from the luxury brand. Continue reading →
Posted in News on February 24, 2023News Briefs for February 17, 2023
•Diageo has kicked off a new global ad campaign for Tanqueray called “Let’s Live Magnificently.” Continue reading →
Posted in News on February 17, 2023News Briefs for February 7, 2023
•Bardstown, Kentucky’s Heaven Hill Distillery has launched a barrel proof expression of Bernheim Wheat Whiskey to retailers across the U.S. Continue reading →
Posted in News on February 7, 2023Diageo’s Sales Rise 9% To $11.6 Billion In Fiscal First Half
Diageo saw net sales increase 9% on an organic basis to approximately $11.6 billion during its fiscal first half ended in December, as organic operating profit rose 9.7% to just under $4 billion. Premium-plus brands contributed 57% of reported net sales and drove 65% of organic net sales growth, with the company seeing global gains across most categories, led by Scotch, Tequila, and beer. Continue reading →
Posted in News on January 26, 2023Diageo To Acquire Don Papa Rum For Up To $474 Million
Diageo has made another bolt-on acquisition, agreeing to purchase Don Papa Rum, a super-premium, dark rum from the Philippines for an initial €260 million ($282m) with a further potential consideration of up to €177.5 million ($192m) through to 2028 subject to performance. Continue reading →
Posted in News on January 17, 2023
