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This week in spirits & wine, featuring Diageo, Beam Suntory and Remy Cointreau

2015-10-30 14:20:00| 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: week wine featuring beam

 

Destocking, decentralising and innovating - Diageo in Asia Pacific - Analysis

2015-10-27 19:37:00| Daily beverage news and comment - from just-drinks.com

Destocking in South East Asia is on schedule to end in the first half of Diageo's current fiscal year, according to the company's president for Greater China and Asia, Sam Fischer. 

Tags: analysis asia pacific innovating

 
 

Johnnie Walker GTR sales better than ever as promotions purr - Diageo

2015-10-23 15:41:00| Daily beverage news and comment - from just-drinks.com

Diageo's global Travel Retail head has said Johnnie Walker is going through its "most successful period" as the company leverages a new promotional tool to take market share.

Tags: sales promotions walker gtr

 

Diageo to further offload wine business

2015-10-21 13:02:15| Beverages - Topix.net

Diageo is putting its Chalone Vineyard winery up for sale after it was left out of last week's A 361 million deal with Treasury Wine Estates. Treasury reportedly turned down the offer to buy Chalone from Diageo - instead opting to buy its Sterling, Beaulieu and Blossom Hill brands - because it already produces plenty of Chardonnay wines.

Tags: business wine offload diageo

 

Treasury Wine shares climb to record after deal to buy Diageo U.S., British assets

2015-10-19 06:05:51| Beverages - Topix.net

Treasury said on Monday it expects a A$486 million rights issue to finance the deal will be successful. The investor response cements a turnaround in sentiment towards the home of the Penfolds wine label as Chief Executive Officer Michael Clarke reshapes its growth strategy, buying upscale wine brands from London-listed Diageo.

Tags: us buy record deal

 

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