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'Shui Jing Fang appears to be broken, from the outside': Analyst tells Diageo boss

2014-08-01 10:47:27| Beverages - Topix.net

Sales of Diageo's super premium baijiu brand Shui Jing Fang fell 79% in 2014, but CEO Ivan Menezes insists the firm can rebuild an 'attractive business' by slashing prices and improving route to market.

Tags: appears broken tells boss

 

Diageo drinks group says hit by weak sales in China

2014-07-31 18:12:37| Beverages - Topix.net

Diageo, the British maker of alcoholic drinks, announced a drop in annual net profit on Thursday, blaming the fall on sliding sales in China.

Tags: group sales china hit

 
 

just on Call - Diageo chief admits "tougher than expected" year as China bites

2014-07-31 16:40:30| Daily beverage news and comment - from just-drinks.com

Diageo's CEO has admitted the year has been "tougher than expected" and defended the company's stake in baijiu brand Shuijingfang.

Tags: year call china expected

 

Diageo sales hit by China slowdown

2014-07-31 11:20:12| BBC News | Business | UK Edition

Drinks giant Diageo reports a fall in net sales after being hit by a slowdown in China and other emerging markets.

Tags: sales china hit slowdown

 

CHINA: Diageo writes down Shuijingfang stake by GBP264m

2014-07-31 10:45:00| Daily beverage news and comment - from just-drinks.com

Diageo has written down the value of its stake in baijiu maker Shuijingfang by GBP264m (US$446.2m) as sales of the white spirit have fallen sharply in the face of China's anti-extravagance measures.

Tags: china writes stake diageo

 

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