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Diageo has revealed plans to implement a $500m cost savings programme over three years, to enable reinvestment in future growth and ‘improved operating leverage’.
Captain Morgan expands portfolio with new Muck Pit Brew
Diageo-owned rum brand Captain Morgan has unveiled its latest innovation, Captain Morgan Muck Pit Brew, a new brand extension designed to cater to evolving consumer preferences.
Diageo faces lawsuit over alleged mislabelling of tequila brands
Diageo, one of the world’s largest spirits producers, is facing a lawsuit over allegations that some of its top-selling tequilas are falsely marketed as “100% agave” despite allegedly containing other alcohols.