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Casamigos Tequila Is Going ‘Back to Basics’ Following a Tough Sales Year
George Clooney's Casamigos, once the darling of the booming celebrity-owned tequila market, has had a tough couple of years ...
Drinks1d
Diageo’s “return to growth” overshadowed by tariff risks – key takeaways
While Diageo's first-half results were positive in a tough spirits market, analysts still have woes over potential impact of ...
Guinness and Smirnoff owner blames tariff uncertainty for scrapping sales guidance
CEO Debra Crew said Diageo was taking action to "mitigate the impact and disruption to our business that tariffs may cause." ...
Spirits maker Diageo removes medium-term guidance on U.S. tariff uncertainty
The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward ...
Diageo Withdraws Medium-Term Sales Forecast
The maker of Johnnie Walker whisky and Guinness beer had earlier forecast medium-term organic net sales growth of 5% to 7%.
DEO Earnings: Guinness and Tequila Maker Pulls Sales Forecast on Tariffs Fear
Drinks giant Diageo (DEO) failed to provide a future sales forecast today, because of uncertainty around President Trump’s ...
City A.M.9mon
Debra Crew
Diageo’s shares spiked to the top of the FTSE 100 today amid a rumour the company is looking to spin off or sell its most famous brand, Guinness, for up to £8bn. The transaction was first ...