Tag Archive: Diageo
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, 2020Diageo’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, 2020Exclusive: Diageo Tests The Non-Alcohol Sector Again With Stake In Chicago-Based Ritual Zero Proof
Diageo brand accelerator Distill Ventures has acquired a minority stake in non-alcohol spirits producer Ritual Zero Proof, bringing the Chicago-based company into the fold. Continue reading →
Posted in News on January 6, 2020News Briefs for December 30, 2019
•Ed Belfour’s Bourbon and Rye, Tommy Bahama Spirits, and Woodcraft Spirits Riverboat series are among the new offerings featured in Whisky Advocate’s latest whiskey roundup. The magazine’s website has all the details. Continue reading →
Posted in News on December 30, 2019Baileys Gains Momentum, Boosted By Culinary Focus
Already the third-largest liqueur brand in the U.S., according to Impact Databank, Diageo-owned Baileys could potentially vie with Jägermeister for the No.-2 spot by year-end. Continue reading →
Posted in News on December 24, 2019Whiskies, Tequila Drive Steady U.S. Progress For Diageo
Whiskies and Tequila continue to spur Diageo’s U.S. gains as it looks to seed growth in new occasions, consumer bases, and markets. Continue reading →
Posted in News on December 11, 2019
