Exciting News: Diageo has made a strategic move by exchanging its ownership of Cîroc Ultra-Premium Vodka in North America for a majority stake in Lobos 1707 Tequila, a brand endorsed by NBA superstar LeBron James. This transaction marks the first…
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Diageo
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Diageo, the parent company of Guinness, is anticipating a potential $200 million impact on its operating profits in the upcoming financial quarter starting in March if tariffs on the U.S. and Mexico are imposed next month. During an earnings call…
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Dive Brief: Diageo North America is investing approximately $415 million to construct a 360,000-square-foot manufacturing and warehousing facility in Alabama for its popular alcohol brands, anticipating the creation of around 100 jobs upon full operation. The new facility will produce…
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Leftovers is our look at a few of the product ideas popping up everywhere. Some are intriguing, some sound amazing and some are the kinds of ideas we would never dream of. We can’t write about everything that we get…
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Diageo Doubles Investment in Guinness 0.0 Dive Brief: Diageo has announced plans to double its investment in Guinness 0.0, the popular alcohol-free alternative brew. The Irish brewer is investing an additional 30 million euros ($32.5 million) into producing the nonalcoholic…