Diageo

Spirits Giant Diageo Suggests Alternative To Trump's Tariffs: Letter

Diageo has suggested the US government consider tougher rules of origin requirements in trade agreements as an alternative to tariffs.

Johnnie Walker has announced the global launch of Johnnie Walker Vault, a global luxury platform curated by master blender Dr Emma Walker.

Diageo withdrew its medium-term organic sales growth target as the world's top spirits maker took steps to try and mitigate the impact of US tariffs.

Makers of alcoholic beverages, including Johnnie Walker and Corona beer, could be caught in the crosshairs of a potential trade war.

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Spirits giant Diageo has announced plans to sell 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group for $81 million (€77.7 million).

Diageo does not intend to sell its beer brand Guinness or its stake in Moët Hennessy, LVMH's drinks unit, the world's top spirits makers said.

Diageo is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its stake in LVMH's drinks unit, Moët Hennessy.

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