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CHINA: Diageo writes down value of Shuijingfang by GBP264m

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

Diageo has written down the value of baijiu maker Shuijingfang, of which it has a 39.7% stake, 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 diageo

 

UK: Weak emerging markets hamper Diageo in FY

2014-07-31 09:39:00| Daily beverage news and comment - from just-drinks.com

Diageo has bemoaned emerging market weakness for dragging on its full-year performance.

Tags: markets weak emerging emerging markets

 
 

UK: Diageo bags Facebook unit boss as non-exec director

2014-07-30 13:20:00| Daily beverage news and comment - from just-drinks.com

Diageo has appointed a senior Facebook employee to its board as a non-executive director.

Tags: director unit bags boss

 

GLOBAL: Diageo boosts exec committee as Ghostine quits

2014-07-30 13:01:00| Daily beverage news and comment - from just-drinks.com

Diageo is making further changes to its executive committee, while its president for China and India is leaving the group after 19 years.

Tags: global committee exec boosts

 

UK/CHINA: Diageo silent over plans to write down Shuijingfang stake

2014-07-28 13:46:00| Daily beverage news and comment - from just-drinks.com

Diageo has declined to comment on reports that it is to write down the value of its stake in baijiu brand Shuijingfang.

Tags: write plans silent stake

 

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