Diageo has announced that Debra Crew has stepped down as chief executive officer and as a board director with immediate effect, by mutual agreement.

Diageo has completed the sale of its 54.4% shareholding in Seychelles Breweries to Phoenix Beverages Limited, a subsidiary of Mauritius-based IBL Group.

Diageo India, also known as United Spirits Limited, has announced the purchase of a majority controlling stake in Goa-based gin producer Nao Spirits for INR 130 crores (US$15.2m). 

Diageo India has partnered with the Wine & Spirit Education Trust (WSET) to offer Level 1 Spirits training sessions for women bartenders and junior professionals across the country.

Diageo has exchanged majority ownership of the brand rights for Cîroc vodka in North America, for majority ownership of tequila brand Lobos 1707.

A Diageo India chief believes that the company has ambitions to "build a portfolio" of craft spirits in India.

At the country's first Bar Summit, Diageo India asserted that the tequila category's growth has shown no indication of slowing despite the country's high tariffs on imported beverage alcohol.

Diageo has sold an 80.4% shareholding in Guinness Ghana Breweries to Castel Group in Africa for $81m.

Brands Report 2025: Tequila

13 January, 2025

There are definite signs of change being afoot in brands’ popularity stakes in this always exciting category.

Diageo has unveiled the YunTuo Single Malt Whisky Distillery, the first of its kind for the company in China.

Diageo has introduced a new global division to combine ‘luxury assets’ into one portfolio including brands such as Brora and Port Ellen.

Ten global beverage companies have joined forces under a new industry-wide consortium designed to help accelerate renewable energy adoption across the industry’s supply chain.

Diageo has proposed a redevelopment of the Talisker distillery, which will see the previous facilities demolished if plans are approved.

Diageo North America has announced its acquisition of Ritual Zero Proof Non-Alcoholic Spirits (Ritual).

Diageo has announced three new partnerships to help build resilience within smallholder communities in Sub-Saharan Africa, as part of its innovation accelerator, Diageo Sustainable Solutions (DSS).

After a successful trial in Ireland, Guinness 0.0 is being rolled out across Great Britain on keg at a select number of pubs.

Diageo reported a net sales decline of 1.4% to $20.3 billion for the year end 30 June 2024 which the company pinned on unfavourable foreign exchange and inflation.

Diageo has recovered the distribution of all its brands in France which are currently distributed by the joint venture Moët Hennessy Diageo France.

Diageo has agreed to sell Pampero rum to Gruppo Montenegro for an undisclosed sum.

Diageo has announced plans to invest over €100 million to decarbonise Guinness' home site at St. James’s Gate in Dublin.

Diageo has announced that Nik Jhangiani will join the company as chief financial officer (CFO) in autumn 2024, also joining Diageo’s board and executive committee. 

Drinks giant Diageo and rapper Sean ‘Diddy’ Combs have released a statement resolving all legal disputes between them.

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). 

Don Julio producer Diageo, has announced two regenerative agriculture programmes across its tequila and Scotch brands in Mexico and Scotland.

Jacob Martin of Canada was named Diageo World Class Global Bartender of the Year 2023 at the global finals in Sao Paolo on Thursday, 28 September.

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.

Newly unredacted documents have shed light on US rapper Sean ‘Diddy’ Combs claims of racial discrimination against drinks giant Diageo.

Chief executive officer of Diageo, Sir Ivan Menezes, has died at age 63 after a brief illness.

US rapper Sean ‘Diddy’ Combs has sued Diageo over racism allegations and undermining the partnership with Combs Wines and Spirits.

Diageo has announced that its chief executive officer Sir Ivan Menezes will be retiring and is set to depart from the Diageo Board on 30 June this year, following 10 years leading the company.

Diageo, purveyor of Johnnie Walker and Guinness, has announced half year results to 31 December 2022 with reported net sales of £9.4bn, increased 18.4%, reflecting strong organic net sales growth.

Diageo has announced it has reached an agreement to acquire Don Papa Rum for an initial €260 million.

A response to the notion that 'without criticism there is only marketing', by DI editor Shay Waterworth.

Diageo CEO Ivan Menezes has received a knighthood in King Charles' first New Year’s Honours list, an appointment that allows him to use the title ‘sir’.

In September, Diageo acquired Australian cold brew coffee liqueur brand Mr Black from accelerator programme, Distill Ventures. Drinks International caught up with Frank Lampen, chief executive and co-founder of Distill Ventures to talk about the purchase and what’s next for the programme.

Diageo is celebrating the graduation of 14 students, including seven Ukrainian refugees, from its Learning for Life hospitality training programme.

Diageo Reserve’s World Class bartender competition, now in its 14th year, has opened for entries in the UK. 

Diageo has announced the acquisition of Balcones Distilling (‘Balcones’), a Texas craft distiller and one of the leading producers of American single malt whisky in the United States. 

Diageo has announced its acquisition of Mr Black, the Australian cold brew coffee liqueur. 

Diageo has unveiled its Elusive Expressions special releases scotch whisky collection, hand-selected by master blender Dr Craig Wilson.

Norwegian bartender, Adrián Michalčík, has been awarded the title of Diageo World Class Global Bartender of the Year, which saw bartenders from 50 countries take part.

Diageo has announced the sale of Archers, the Peach Schnapps brand, to De Kuyper Royal Distillers. 

Diageo has announced its preliminary results for the year, ended 30 June 2022, with strong performance and investments into long-term growth.

Diageo has announced a two-year partnership with Queer Britain in London, the UK’s first national LGBTQ+ museum.

Diageo World Class will host the 13th edition of its global finals in Sydney, Australia from 12-15 September this year.

Diageo has announced the acquisition of super-premium flavoured Tequila brand 21 Seeds.

Diageo has agreed the sale of its Windsor business to the Bayside Private Equity and Metis Private Equity consortium, Bayside/Metis, for KRW 200 billion (approximately £124 million).

United Spirits Limited (Diageo India) has announced an investment of INR 31.5 crores (US$ 4.1m) to acquire a strategic minority stake in Nao Spirits.

Diageo has announced plans to build a new $245m distillery for its Crown Royal Canadian Whisky brand.

Diageo reported that first-half net sales increased 15.8% to £8 billion as the on-trade rebounded and off-trade demand remained strong.

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Ben Branson

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