Diageo has disposed of its second rum brand in six months with the sale of Venezuelan brand Cacique to French spirits group ...

Diageo's cost-cutting measures aim to save $2 billion over three years, potentially boosting EPS by 30% and offering double-digit returns at current valuation. Despite a slight decline in net ...

Diageo isn’t alone among distillers in getting hit by a slump in demand, and by a corresponding blow to sales and profit. The ...

On Monday, an employee at the historic Glenglassaugh Distillery indicated that the scotch whisky producer is preparing for ...

Reports of the sell off came at a testing period for Diageo boss Debra Crew, who has seen the company’s shares decline under ...

It issued a statement yesterday to end speculation about a possible sell-off of these iconic brands following a report on the ...

These channels offer consumers a wider selection of Scotch Whisky brands compared to on-trade channels. Major retailers such as Tesco Plc (Tesco), Carrefour SA (Carrefour), and Target Corp ...

Bloomberg News reported on Friday that the drinks giant is also reviewing the future of its 34% stake in Moet Hennessy.

More info Guinness owner Diageo has rubbished reports the iconic stout brand is to be sold off ... amid weaker demand for scotch and rum. Join the Irish Mirror’s breaking news service on ...

On Friday, Bloomberg News reported that Diageo was mulling a sale of Guinness, as well as its 34% stake in Moet Hennessy, the drinks division of luxury firm LVMH Moet Hennessy Louis Vuitton SE.