Tariff toll: Whisky giant behind The Glenlivet blames ‘market dynamics’ for softer sales
While we remain realistic about short-term challenges, we’re taking a dynamic approach to investments in our brands and in our business” – Jean-Etienne Gourgues, CEO ...
Diageo’s Non-Alcoholic Spirits Are up by 56%, Outperforming Its Alcoholic Brands
In addition to scotch distilleries and whiskies like Lagavulin, Talisker, Dalwhinnie, and Oban, Diageo owns major tequila brands Casamigos and Don Julio, flavored rum brand Captai ...
Las Vegas Grand Prix names new president, as CEO shifts focus to Liberty Media
The move to promote Emily Prazer to Las Vegas Grand Prix president comes as race CEO Renee Wilm shifts focus to her role with ...
Diageo’s “return to growth” overshadowed by tariff risks – key takeaways
The group’s first-half results arrived hot on the heels of President Trump’s announcement of a one-month pause to tariffs on ...
Drinks giant Diageo could face whopping £160m profits hit if Trump goes ahead with tariffs on Canada & Mexico
DRINKS giant Diageo has warned it could face a £160million hit to its profits if Donald Trump presses ahead with tariffs on Canada and Mexico. It is heavily exposed — with 42 per cent of its US ...
Guinness and Smirnoff owner blames tariff uncertainty for scrapping sales guidance
CEO Debra Crew said Diageo was taking action to "mitigate the impact and disruption to our business that tariffs may cause." ...
Spirits maker Diageo removes medium-term guidance on U.S. tariff uncertainty
The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward ...
Diageo Withdraws Medium-Term Sales Forecast
The maker of Johnnie Walker whisky and Guinness beer had earlier forecast medium-term organic net sales growth of 5% to 7%.