Diageo has considerable earnings downside if tariffs are implemented in the US with volumes in the market already declining.
Threat of tariffs adds uncertainty to brands like Casamigos and Patrón, which are struggling to retain drinkers.
Imposing a tariff on these imports will not protect American jobs as neither can be produced in the U.S., but instead lead to retaliatory actions against the U.S. distilled liquor industry.
Meanwhile, Baileys, the only creamy liquor in the market when ... After all these years, Diageo's attention to detail and nod to its brands’ provenance isn’t lost on it. The company runs ...
In this article, we are going to take a look at where Diageo plc (NYSE ... are often seen as affordable luxuries or even staples. Liquor tends to enjoy stable sales even when general consumer ...
Global makers of alcoholic drinks like Diageo are caught in the cross-fire of a major trade war as threatened tariffs -- ...
Diageo has confirmed it has no plans to sell its iconic beer brand Guinness or its stake in Moet Hennessy, contrary to recent speculation. Despite spirits sales struggling after a pandemic-induced ...
Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next ...
Liquor tends to enjoy stable sales ... There had been some rumors going around that Diageo might be interested in divesting its Guinness brand following the company’s declining net organic ...