Latin America and Caribbean see Diageo profit decrease
Johnnie Walker owner Diageo is expecting to see a decline in profit in the first half of fiscal 2024, due to a “weaker performance” in Latin America and Caribbean (LAC).
Gin 1689 targets Latin America
Dutch producer Gin 1689 has appointed specialist firm GinBuilders to distribute the brand in Latin America and the Caribbean.
Diageo appoints Menezes to the board
Ivan Menezes has been appointed to the Diageo board as an executive director with effect from July 2.
Asia-Pacific and Latin America spur AB InBev growth
AB InBev’s buoyant Asia-Pacific and Latin America markets have offset negative growth in North America and Europe, to spur overall revenue growth.
Diageo’s sales grow despite Europe faltering
Diageo has reported an 4% increase in organic net sales growth for H2 of 2010, despite a drop of 3% in Europe.
Bacardi appoints presidents
Bacardi has named Jon Grey and Robert Furniss-Roe regional presidents of Middle East and Africa, and Latin America respectively.
New SABMiller president for Latin America appointed
SABMiller has appointed Karl Lippert as its new president of Latin America, following the announcement of Barry Smith’s retirement.
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Ben Branson on the future of non-alc spirits
In his inaugural column for Drinks International, Branson takes a wider look at the overall non-alcoholic spirits sector to identify which brands will thrive and which won’t survive.
