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Diageo still on hunt for wine asset suitors

2015-11-16 14:57:00| Daily beverage news and comment - from just-drinks.com

Diageo has confirmed its intention to pull out of the wine category at its earliest convenience.

Tags: wine asset hunt suitors

 

Diageo plc Cut to "Sell" at Zacks

2015-11-15 02:47:59| Beverages - Topix.net

According to Zacks, "Diageo's fiscal 2015 earnings declined 7.6% year over year due to unfavorable foreign currency exchange and lower income from joint ventures and acquisitions. Net sales were flat year over year as sales gains in Africa and Corporate were offset by decline in Latin America and Caribbean, Europe and Asia Pacific.

Tags: sell cut plc zacks

 
 

This week in spirits & wine, featuring Gruppo Campari, Diageo and Concha y Toro

2015-11-13 16:11:00| Daily beverage news and comment - from just-drinks.com

Here's a round-up of this week's top stories in the spirits & wine categories. We also have similar round-ups for beer & cider and soft drinks & water.

Tags: y week wine spirits

 

Diageo Seeks Consumer Research to Help Reverse Sales Slump

2015-11-13 05:17:28| Beverages - Topix.net

Diageo PLC said it is overhauling its North American marketing operations and putting more emphasis on consumer research as it looks to reverse weak sales in its largest market. The British-based liquor company has lost market share in the U.S. as it struggles with brands like Smirnoff and Captain Morgan.

Tags: research sales consumer reverse

 

Diageo unfazed by Anheuser-Busch InBev's SABMiller move - Exclusive

2015-11-12 13:54:00| Daily beverage news and comment - from just-drinks.com

Anheuser-Busch InBev's pending takeover of SABMiller means only a change of rival for Diageo, rather than an intensification of competition in its African beer markets, according to the group's head of beer.

Tags: move exclusive diageo unfazed

 

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