Diageo and circular economy tech company ecoSPIRITS are taking their reusable spirits packaging partnership global: turning to the ‘lower carbon, lower waste’ tech for Gordan’s, Captain Morgan and Smirnoff.
Alcohol heavyweight Diageo believes that the rising demand for premiumisation in APAC, and in particular economic growth in China, is placing the category in a strong position.
Diageo has acquired Vivanda, the owner of the technology behind Diageo’s digital ‘What’s Your Whisky’ online platform as well as the ‘Journey of Flavour’ experience at Johnnie Walker Princes Street in Edinburgh.
Global alcoholic beverages giant Diageo has highlighted how promoting responsible drinking is important for alcohol firms to expand reach and retain consumer loyalty post-COVID-19, especially via digital initiatives.
Diageo has made a minority investment in Komasa Kanosuke Distillery, a producer of ultra-premium single-malt whiskies, through accelerator Distell Ventures.
Diageo will acquire Aviation American Gin, which is co-owned by actor Ryan Reynolds, through the acquisition of Aviation Gin LLC and Davos Brands LLC in a $610m deal.
With Diageo set to report its full-year 2014 results tomorrow, let’s look at what we might expect – with analysts predicting a share loss in US spirits and continued concerns in Asia-Pacific.
The Indian Competition Commission (CCI) has approved Diageo’s purchase of a 53.4% stake in United Spirits (USL), saying that the £1.28bn ($2.04bn) purchase may boost the nation’s premium spirits market and improve consumer choice without jeopardizing...
Diageo is in an arguably stronger market position than multinational peer SAB Miller due to its core exposure to spirits rather than beer, according to one City analyst who covers the firm.
