Diageo
Breaking News
Diageo and AB InBev gear up to navigate liquor sales disruptions during general elections
Diageo, the leading distiller, and Anheuser-Busch InBev, the largest brewer globally, have asserted their readiness to manage sales and supply chain disruptions anticipated during...
India’s consumer market sees contrasting trends: Premium brands soar as mass-market products struggle to keep pace
Hindustan Unilever and United Spirits collectively showcase a juxtaposition that appears to underscore the prevailing purchasing patterns in India's consumer market. While premium brands...
US non-alcoholic spirits market projected to soar to $13 Million by 2027: GlobalData Report
Data indicates that the emerging market for non-alcoholic spirits in the United States is projected to reach $13.3 million by 2027, driven primarily by...
Indian single malt whiskies outshine global brands in sales, achieving a landmark 53% market share in 2023
In a noteworthy development, Indian single malt whiskies have surpassed well-known international brands like Glenlivet, Macallan, Lagavulin, and Talisker in terms of sales for...
Diageo launches Tequila Don Julio 1942 at Mumbai Airport’s duty-free store
Diageo Global Travel has introduced Tequila Don Julio 1942 in India Travel Retail. Passengers journeying through Mumbai Airport can now experience Tequila Don Julio...
Diageo unveils $5.8 Million investment plan for sustainable water management in tequila production
Diageo has announced a planned investment of MXN 100 million (approx. $5.8 million) in water preservation schemes for its tequila brands in the state...
Pernod Ricard India achieves robust growth, raking in over INR 25,000 Crore in FY23
Pernod Ricard India, a spirits manufacturer, has posted a revenue of over INR 25,000 for the fiscal year 2022-23, indicating a 10% annual growth....
British beverage giant Diageo denies rumours of selling beer assets
Diageo currently has no intention of selling off any of its beer labels.Axios disclosed on December 5th that the British beverage behemoth is exploring...
Diageo-backed spirits incubator Pronghorn to invest in US whiskey producer New England Barrel Co.
Pronghorn, the spirits incubator backed by Diageo, has selected New England Barrel Co., a US whiskey producer, as the next recipient of its "seed...
Diageo unveils exciting addition to Gordon’s gin lineup with Sugar Plum Gin Liqueur
Diageo has broadened its range by introducing a new gin variation, the Sugar Plum Gin Liqueur, within the Gordon's gin brand.The gin liqueur has...
Liquor industry hit by unexpected setback: Pre-festive demand below projections
United Spirits, the largest liquor company in India, has reported lower-than-expected demand momentum in the current quarter. However, the company anticipates a recovery driven...
United Spirits profits soar by 14.2% in Q2 boosted by high-end alcohol demand
On Wednesday, United Spirits, the producer of Smirnoff vodka, announced a 14.2% increase in second-quarter profits. This surge was driven by robust demand for...