Diageo chief addresses tariffs amid sales decline for HY24
Diageo chief executive Debra Crew addressed the implementation of US tariffs as part of the company’s six month interim results to 31 December 2024.
Diageo sees double-digit sales increase
Diageo has announced its preliminary results, year ended 30 June, reporting net sales of £17.1 billion, increased 10.7%, primarily reflecting strong organic net sales growth, and favourable impacts from foreign exchange.
Rum: The White Choice
White rum has long been a star ingredient of cocktails and with consumers now demanding better quality drinks, it is ripe for premiumisation.
Rémy Cointreau sales declined 32.8% in Q1
Rémy Cointreau suffered a 32.8% year-on-year sales decline in the three months to June 30 as a result of the coronavirus pandemic.
Heineken reports 52.5% decrease in half-year earnings
Heineken has reported a 52.5% decline in first-half earnings after the Covid-19 pandemic took a toll on its on-trade business.
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Ben Branson: Why non-alcoholic pricing is right
The pricing structure of non-alcoholic spirits has a high level of elasticity - there’s already a broad spectrum of price points which consumers are trying to navigate.
