Diageo has launched a new partnership lab, called Fusion by Diageo, which will bring in innovators to ‘co-develop the next generation of digital products that will elevate consumer experiences’.
Smallholder farmers are highly vulnerable to weather changes and water scarcity, leading Diageo to launch a fund for innovations which promise to lessen and monitor the impact of water and climate crises on such farms in Africa.
Diageo will invest €200m ($203m) in Ireland’s first purpose-built carbon neutral brewery on a greenfield site in Littleconnell, Newbridge, Co. Kildare: which will become the second largest brewing operation in the country after St. James’s Gate.
Diageo has acquired Vivanda, the owner of the technology behind Diageo’s digital ‘What’s Your Whisky’ online platform as well as the ‘Journey of Flavour’ experience at Johnnie Walker Princes Street in Edinburgh.
Beverage giant Diageo has committed to work ‘hand-in-hand’ with Irish barley farmers to support their transition to regenerative agricultural practices.
This year, consumers will embrace oat-based desserts, grow their fondness for Japanese cuisine – including mochi-flavoured doughnuts – and explore combinations of sweet, sour, salty, umami and pickled flavours, according to food futurologist Dr Morgaine...
Mainstream culture has seen huge changes with the rise of social media, the internet, ecommerce and smartphones. Innovation and disruption has turned many industries upside down when it comes to retail and marketing, but to date the drinks industry has...
MULTINATIONAL INSISTS IT VALUES 'OPEN AND FAIR' SUPPLIER RELATIONS
A UK-based small business lobby today attacked drinks giant Diageo for extending payment terms to new suppliers from 60-90 days under what the former claims is the cover of a supply chain finance scheme.
Diageo revealed yesterday that CEO Ivan Menezes, his predecessor Paul Walsh and CFO Deirdre Mahlan took home less than 10% of their possible bonus pot in fiscal year 2014 due to the firm's lackluster performance.
Diageo has confirmed circa. 200 job losses across its head office and regions as the Johnnie Walker and Guinness producer targets annual cost savings of around £200m by 2017.
Diageo has agreed a deal to buy Turkish spirits company Mey Içki for around £1.3bn from investment capital firm TPG Capital, in a cash and debt-funded deal.
Diageo, the world's biggest spirit group, has announced a drop in
first half profits, caused by foreign exchange rates, weak demand
in Europe and the continued decline of the ready-to-drink segment,
writes Chris Jones.
After a decade of concentrating on the ready-to-drink sector,
leading alcohol brand owners in the UK are turning their attention
to other segments as RTD sales begin to stagnate. Widespread growth
in the liqueur market means that...
Talks yesterday between spirits group Diageo and the rest of
the Scotch whisky industry over the future of the Cardhu brand
unexpectedly led to the company agreeing too major changes to the
packaging and marketing of the whisky.
Scotch whisky producers are expected to present a united front
today in calling for Diageo to withdraw its Cardhu brand from the
market or switch it back to a single malt. But with Diageo expected
to refuse, the distillers have already...
Diageo's decision to change its Cardhu Scotch whisky from a single
malt to a pure malt - a blend of malts from different distilleries
- has met with widespread condemnation from the rest of the
industry, so much so in fact that...
Gordon's, currently the biggest gin brand in the UK, has launched a
£5m advertising campaign designed not only to boost sales of the
brand but also to reinvigorate the UK gin market as a whole,
according to brand owner Diageo.
An increase in taxation levels on RTD products introduced by
Chancellor Gordon Brown in 2002 was one of the reasons for the
decision to withdraw the Gordon's Edge gin-based premix, claims
brand owner Diageo.
CUB, the Australian beer arm of Foster's, is to extend its
marketing partnership with Diageo to include the latter company's
premixed spirit brands for the first time. The deal should see the
rapid growth of the draught...
British drinks giant Diageo on Thursday announced that it has
completed the sale of Burger King Corporation to a private equity
consortium, composed of Texas Pacific Group (TPG), Bain Capital and
Goldman Sachs Capital Partners, that...
UK drinks giant Diageo announced on Monday that during the
financial year ended 30 June 2002 the company had delivered
continued profitable top line growth, reports Dow Jones.
Fast food chain Burger King announced yesterday it was to create
1,250 jobs next year, by opening 35 restaurants, bringing the total
number of UK outlets up to 720.
U.S. antitrust authorities could give the green light to an
Anglo-French bid for Seagram's drinks portfolio as soon as today,
an industry source said on Monday.
Diageo, the UK drink company, reported strong sales and volumes at
its premium drinks business but warned of a poor second half for
both Pillsbury and Burger King.
