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143 results found for "Diageo"

  • Diageo removes medium-term guidance amid US tariff concerns

    In its 2025 interim financial results announcement this week, Diageo scrapped its medium-term guidance Diageo previously projected organic net sales growth of 5-7%, but this was removed in its interim results Debra Crew, CEO of Diageo, said that the implementation of tariffs adds “further complexity” in Diageo Possible actions that Diageo may take to mitigate the potential impact of the tariffs include pricing Tariffs are expected to have the most impact on Diageo’s tequila and Canadian whisky products, which

  • Diageo announces funding to accelerate decarbonisation of glass industry

    Diageo has announced it will provide seed funding to support the expansion of Glass Futures initiatives The sum of the investment is unknown, as a spokesperson for Diageo told FoodBev that the company does This is key for the success of Diageo’s and the wider glass industry’s decarbonisation efforts. Diageo’s Black & White Scotch whisky brand. According to Diageo, this reduced the carbon footprint of the bottle making process by up to 90%.

  • Diageo partners with EcoSpirits on new circular packaging solution

    Diageo has announced a global agreement with circular economy technology company EcoSpirits, establishing The deal follows Diageo's ongoing EcoSpirits programme with Smirnoff in Indonesia. The collaboration will initially focus on Diageo's Gordon’s gin, Captain Morgan rum and Smirnoff vodka The partnership aims to provide Diageo with sustainability benefits by reducing carbon emissions and Ewan Andrew, president of global supply chain & procurement and chief sustainability officer at Diageo

  • Diageo's McDowell’s & Co launches X Series premium spirits in India

    Diageo-owned McDowell’s & Co has introduced its new X Series, a premium range of vodka, rum and gin, Varun Koorichh, vice president and portfolio head of marketing at Diageo India, said: “The X Series embraces Earlier this month, Diageo acquired non-alcoholic spirits brand Ritual Zero Proof , as part of its strategy #Diageo #spirits #alcohol #India #rum #gin #vodka #McDowellsandCo #premiumisation

  • Diageo to invest €100m in decarbonising St James's Gate facility

    Diageo has announced plans to invest more than €100 million to decarbonise its St James’s Gate site in The investment, part of Diageo’s mission for the site to accelerate to net zero carbon emissions, will Diageo’s global CEO, Debra Crew, commented: “I want to thank the Taoiseach and Minister Burke for their Ireland’s Minster for Enterprise, Trade and Employment, Peter Burke, added: “Diageo's investment into Diageo’s leadership here underscores the idea that sustainable practices are not just ethically sound

  • Diageo to close manufacturing facility in Maryland, US

    Diageo has announced that it is permanently closing its manufacturing facility in Relay, Maryland, following In a statement, Diageo told FoodBev: “We do not take these decisions lightly and recognise the impact Diageo added that it will continue to brew experimental beers to serve the Maryland taproom in the ten-barrel

  • Diageo introduces drones to Mexico agave farming

    Diageo has introduced drones in a bid to drive farming efficiency and environmental benefits across its Wellington Pauperio, director for supply tequila and mezcal at Diageo, said: “We’re incredibly proud The efficiency and precision agriculture efforts resulting from drone use contribute to Diageo’s 2030 You may also like to read: Diageo CEO Sir Ivan Menezes to retire Diageo to acquire Don Papa Rum for initial €260m Diageo announces $500m investment in tequila production

  • Diageo launches ‘bar-quality’ RTD premium cocktails 

    Diageo has announced the launch of ‘The Cocktail Collection.’ Nikhil Shah brand director at Diageo said: "Cocktail culture continues to flourish, so it's only natural Diageo is not the only brand that is seeking to make its mark on the premium RTD market.

  • Coca-Cola Europacific Partners CFO resigns, moves to Diageo

    Jhangiani will be stepping down to assume the role of CFO at Diageo later this year.

  • Diageo CEO Sir Ivan Menezes to retire

    Diageo has announced that Sir Ivan Menezes is retiring as chief executive officer and member of the company's Menezes commented: “It has been an enormous honour leading Diageo over the past decade. from the board when appointed president of Diageo North America in July 2020. I have no doubt that Diageo is in the right hands for the next phase of its growth.” Crew said: “I am delighted to be appointed chief executive officer of Diageo.

  • Diageo unveils regenerative agriculture programme for whisky and tequila

    Diageo has announced two regenerative agriculture programmes across its tequila and scotch brands in Under the initiative, Diageo expects to drive positive outcomes of enhanced biodiversity, improved water Diageo says the programme will span across its farms and network of producers of the agave required for Working with Diageo, we are pioneering large-scale assessments of soil carbon stocks.” The programmes form part of Diageo’s investment of £1 billion into developing a low-carbon world.

  • Diageo exchanges Cîroc vodka rights for majority ownership of Lobos 1707 Tequila

    Diageo has exchanged its majority ownership of the Cîroc Ultra-Premium Vodka brand rights in North America of a joint venture between the alcohol giant and investment firm Main Street Advisors, in line with Diageo It combines Diageo’s route-to-market, supply chain and marketing expertise with Main Street Advisors’ In a statement announcing the deal, Diageo said it aims to build on the strength of two premium brands , Diageo and Main Street Advisors, to shape culture in new and meaningful ways”.

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