Diageo sales jump as drinkers choose luxury spirits
2 years, 7 months ago

Diageo sales jump as drinkers choose luxury spirits

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sales surged at Johnnie Walker maker Diageo after drinkers celebrated the easing of lockdown restrictions by splashing out on high-end spirits. Chief executive Ivan Menezes said: “In a year of significant global supply chain disruption, our double-digit volume growth demonstrates the tremendous agility and resourcefulness of our teams. “We benefitted from the on-trade recovery, continued global premiumisation trends, with our super-premium-plus brands up 31%, and from price increases across our regions.” The group’s European operation witnessed a 26% jump in sales, with sales across Great Britain up 20% for the year.

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History of this topic

New Guinness factory to ease supply issues amid unprecedented demand
1 month, 3 weeks ago

New Guinness factory to ease supply issues amid unprecedented demand

The Independent  

Sign up to IndyEat's free newsletter for weekly recipes, foodie features and cookbook releases Get our food and drink newsletter for free Get our food and drink newsletter for free SIGN UP I would like to be emailed about offers, events and updates from The Independent. Parent company Diageo, which also owns brands such as Johnnie Walker and Gordon’s, described …

Guinness in focus as Diageo reveals latest trading
1 month, 3 weeks ago

Guinness in focus as Diageo reveals latest trading

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Diageo is set to reveal …

How Guinness became the drink of the year – and the pubs ran dry
3 months, 1 week ago

How Guinness became the drink of the year – and the pubs ran dry

The Independent  

Everyone is officially drinking the Kool-Aid. “People seem to have forgotten there’s anything else to drink,” says Oisín Rogers, landlord at The Devonshire in central London, which has become famous for its idiosyncratic pour of the Irish draft beer despite only opening last November. A lot of our independent beer brands have been doing really well since the shortage, so …

British pubs are worried they’ll run out of Guinness
3 months, 1 week ago

British pubs are worried they’ll run out of Guinness

CNN  

CNN — At the Sheephaven Bay pub in London, tucked just behind Camden High Street, Guinness accounts for more than 50% of draft beer sales. “Now it’s a cool drink.” With the sudden increase in demand, Diageo has told some pub owners that it would set allocation limits on Guinness to ensure distribution can last through the holiday season. On …

Record surge in Guinness demand ahead of Christmas
3 months, 3 weeks ago

Record surge in Guinness demand ahead of Christmas

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy An unprecedented surge in demand for Guinness in the UK …

Anyone for Pimm’s? Spirits giant Diageo mulls sale of historic brand
1 year, 1 month ago

Anyone for Pimm’s? Spirits giant Diageo mulls sale of historic brand

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Spirits giant Diageo is considering …

Diageo profits drop amid falling demand in Latin America
1 year, 1 month ago

Diageo profits drop amid falling demand in Latin America

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Drinks giant Diageo revealed a …

Guinness-owner Diageo suffers steepest share fall since 1997 after profit warning
1 year, 4 months ago

Guinness-owner Diageo suffers steepest share fall since 1997 after profit warning

The Telegraph  

Diageo has in recent years shifted its focus to premium spirits, such as tequila brand Casamigos and Johnnie Walker whisky, as demand for more expensive drinks grew. Former chief executive Sir Ivan Menezes, who died earlier this year, said in 2022 that Diageo was benefiting from “continued global premiumisation trends”. Ms Crew, who took up the role of chief executive …

Diageo profits rise on price hikes and growing taste for premium tipples
1 year, 7 months ago

Diageo profits rise on price hikes and growing taste for premium tipples

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Operating profits lifted to £4.6 billion from £4.4 billion …

Diageo chief executive Sir Ivan Menezes dies aged 63
1 year, 9 months ago

Diageo chief executive Sir Ivan Menezes dies aged 63

The Telegraph  

Sir Ivan Menezes, the long-serving chief executive of drinks giant Diageo, has died at the age of 63 following a short illness. Knighted by the King in his first New Year’s Honours list, Sir Ivan led the Guinness and Johnnie Walker maker since 2013. The company announced on Monday that the company’s incoming chief executive Debra Crew had taken up …

Johnnie Walker owner Diageo toasts surging sales amid spirits boost
2 years, 2 months ago

Johnnie Walker owner Diageo toasts surging sales amid spirits boost

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Guinness is still growing very strongly and became the …

Johnnie Walker owner Diageo to reveal sales slowdown
2 years, 2 months ago

Johnnie Walker owner Diageo to reveal sales slowdown

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Drivers included strong demand from drinkers retuning to pubs …

Pub beer sales down 38% from pre-pandemic levels
3 years, 1 month ago

Pub beer sales down 38% from pre-pandemic levels

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The BBPA said pub beer sales were down 38% …

Diageo sales rise as UK drinkers indulge in spirits during pandemic
3 years, 7 months ago

Diageo sales rise as UK drinkers indulge in spirits during pandemic

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Chief executive Ivan Menezes said it was aided by …

UK alcohol sales surged by 30% in January
4 years, 1 month ago

UK alcohol sales surged by 30% in January

The Independent  

Sign up to IndyEat's free newsletter for weekly recipes, foodie features and cookbook releases Get our food and drink newsletter for free Get our food and drink newsletter for free SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sales of alcohol surged by 30 per cent in January, …

City spirits sink after Diageo comes up short with sales slide
9 years, 11 months ago

City spirits sink after Diageo comes up short with sales slide

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Hopes of a sales rebound …

Diageo’s first-half profit edges higher on cost-saving measures
10 years, 1 month ago

Diageo’s first-half profit edges higher on cost-saving measures

Live Mint  

London: Diageo Plc reported first-half profit growth that beat estimates slightly as the world’s biggest distiller cut costs and took measures to improve profitability. Earnings before interest and tax rose 0.7% on a so- called organic basis in the six months ended 31 December, London- based Diageo said on Thursday in a statement. The maker of Bulleit whiskey is battling …

Diageo first-quarter sales miss estimates amid Asia slump
10 years, 5 months ago

Diageo first-quarter sales miss estimates amid Asia slump

Live Mint  

London: Diageo Plc, the world’s biggest distiller, reported slower first-quarter revenue growth than analysts expected amid weaker sales in Asia. Chinese government cutbacks on extravagant spending have also weighed on sales of Diageo’s clear spirit Shui Jing Fang and led to a writedown at its business there last year. In North America, Diageo’s biggest division, sales increased 0.1%, while revenue …

Diageo shrugs off slowdown
12 years, 7 months ago

Diageo shrugs off slowdown

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Diageo shrugged off a slowdown in Europe thanks to …

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