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
2023-11-10 23:55
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
2023-11-10 16:49
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
2023-11-10 16:25
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
2023-10-05 08:50
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
2023-08-01 16:45
Diageo Shares Rise as Distiller Passes Higher Costs to Customers
Diageo Plc shares rose after the world’s largest distiller said consumers remain resilient and that it’s been able
2023-08-01 15:45
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
2023-07-28 15:19
Sean ‘Diddy’ Combs Accuses Diageo of Retaliation in Fight Over Racism
Music mogul Sean “Diddy” Combs accused Diageo Plc of unlawful retaliation after the UK company moved to sever
2023-07-20 01:22
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
2023-07-18 00:16
Former Diageo CEO Ivan Menezes Dies After Brief Illness
Ivan Menezes, the former Diageo Plc chief executive officer and one of the most respected bosses among the
2023-06-07 16:16
Water Crisis Threatens Alcoholic Drinks Supply, Top Distiller Diageo Warns
Diageo Plc, the world’s biggest spirits company, is worried that climate change is going to make scarce the
2023-06-07 13:23
CBI Shunned by Big Business Ahead of Crucial Vote on Its Future
Big businesses are shunning a crucial meeting to decide the future of the Confederation of British Industry, the
2023-06-04 12:53