Diageo: latest news, analysis and trading updates | ESM Magazine

Diageo To Set Up Research And Development Centre In Shanghai

Spirits giant Diageo has announced plans to establish a new research and development centre in Shanghai to further its product innovation and development a...

Diageo Invests In Japanese Whiskey Komasa Kanosuke

Diageo has made a minority investment in Japan's Komasa Kanosuke Distillery, a Kagoshima-based producer of ultra-premium single-malt whiskeys, through Dist...

Diageo North America Launches New Tool To Prevent Impaired Driving

Diageo North America has launched a new online experience and tool in the United States to create awareness among 21–35-year-olds about the impact of...

Diageo Agrees To Acquire Mezcal Unión

Diageo has announced that it has reached an agreement to acquire Mezcal Unión through the acquisition of Casa UM. The deal is subject to regulato...

Diageo Sees Net Sales Up 8.3%, Boosted By Bars Reopening

Spirits group Diageo has reported a 8.3% increase in reported net sales in the full year to 30 June, to £12.7 billion (€14.93 billion), boosted...

Diageo Pledges £4.5m To Support India’s COVID-19 Response

Spirits giant Diageo has pledged £4.5 million to support India’s COVID-19 public health response during the second surge of the pandemic. Th...

Diageo Expecting Double-Digit Profit Growth This Year

Diageo has said that it expects operating profit to grow by at least 14% in its current financial year, slightly ahead of organic net sales growth, as the...

Diageo To Spend $80m To Expand US Ready-To-Drink Beverage Production

Spirits group Diageo said it would spend $80 million to install two can-filling lines at a new plant in Illinois, to boost production of fast growing ready...