Spirits and Luxury Stocks Fall as Pricing Power Starts to Fade
Shoppers are rebelling against higher prices for everything from Piaget watches to Don Julio tequila, wiping off $45
1970-01-01 08:00
Diageo Plunges After Profit Warning: The London Rush
Good morning from London, where it looks like the country has once again managed to dodge a policy-induced
1970-01-01 08:00
Diageo Warns on Profit, Hit by A Sharp Slowdown in Latin America
Diageo Plc shares fell 8% after it warned on profit after a steep slowdown in growth in its
1970-01-01 08:00
Global Giants Tapping Indian Consumers Spend $3,600 a Second on Cricket World Cup Ads
Global companies are spending millions of dollars to get their names seen during the Cricket World Cup in
1970-01-01 08:00
From Wedding Rituals to Fancy Distilleries, Asia Is Taking Over the World’s Whisky Market
If you’re invited to a wedding in Southern China you might see couples perform an unexpected ritual. First
1970-01-01 08:00
European Stocks Drop; UK Outperforms on HSBC and BP Earnings
European stocks dropped on Tuesday as earnings season rolled on. UK shares outperformed, helped by gains in BP
1970-01-01 08:00
Diageo Revenue Growth Cools, Restrained by Weak US Demand
Diageo Plc’s sales growth cooled, especially in North America, after a post-pandemic boost wore off. Sales advanced 6.5%
1970-01-01 08:00
Unilever Names Meakins as Next Chairman Following CEO Change
Unilever Plc named Ian Meakins to succeed Chairman Nils Andersen, continuing an overhaul of its leadership after a
1970-01-01 08:00
Sean ‘Diddy’ Combs Accuses Diageo of Retaliation in Fight Over Racism
Music mogul Sean “Diddy” Combs accused Diageo Plc of unlawful retaliation, extending his legal feud with the world’s
1970-01-01 08:00
PJT Hires Ex-Centerview Banker Phillips for Consumer M&A
PJT Partners Inc. has hired former Centerview Partners banker Roland Phillips for consumer dealmaking, according to people with
1970-01-01 08:00
Cancer Warnings on Beer, Wine in Ireland Spark Industry Alarm
New health warnings by Ireland set to be the world’s strictest on beer, wine and spirits have sparked
1970-01-01 08:00
Former Diageo CEO Ivan Menezes Dies Aged 63 After Brief Illness
Former Diageo Plc Chief Executive Officer Ivan Menezes has died after a brief illness. He was 63. The
1970-01-01 08:00