* US drinkers spending less on expensive cocktails amid high inflation, bar owners say * Wholesaler sales of spirits expected to decline nearly 6% this year, trade group says * Trend poses challenge to liquor companies such as Pernod, Diageo By Emma Rumney, Jessica DiNapoli LONDON/NEW YORK, - Meaghan Dorman's five New York bars look just as full as they …
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 …
There’s something brewing in the whisky aisle. Until about 15 years ago, the world’s largest whisky market relied on imports for its single-malt tipple. The whisky made by early Indian distilleries such as Piccadily in Punjab and Rampur in Uttar Pradesh were sought-after for their price, not their aged excellence, and so they used a mix of local grains and …
Sean “Diddy” Combs’ had accused British beverage giant Diageo of hindering the sales growth of his Cîroc vodka and DeLeón tequila labels. The document, obtained by The Times, was signed by attorneys for Combs Wines and Spirits LLC, Diageo North America Inc. and third-party defendant CE Spirits LLC and said that the actions, cross-claims and counterclaims among them have been …
Rapper, producer and entrepreneur Sean “Diddy” Combs is asking the New York Supreme Court to enforce a 2021 agreement that requires spirits seller Diageo to treat his DeLeon tequila brand “at least as favorably” as its other tequila brands. Combs says Diageo’s treatment of DeLeon worsened after it bought two competing tequila brands: Don Julio in 2014 and Casamigos in …
