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Newlat Food has signed an exclusivity agreement to acquire Diageo’s production facility in Santa Vittoria d'Alba, northern Italy.

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, 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.

Diageo has exchanged its ownership rights to the Cîroc vodka brand in North America for majority ownership interest in Lobos 1707 Tequila.

DropWorks, a UK-based rum distiller, has announced the appointment of Graham Appleyard as CEO.

Diageo has launched two brand-new oat-based, dairy-free variants of its Baileys Irish cream liqueur in the US.

Diageo-owned brand Cîroc has launched a new vodka flavour: Cîroc Colada RTD.

In a move aimed at bolstering operational efficiency, Diageo has temporarily suspended distilling activities at its Kentucky facility.

F&B giants such as Mondelez International and Diageo have already warned of the potential impact and uncertainty caused by the tariffs.