Diageo

Waste Management, Diageo, and Kenvue Face Challenges Amid Tariff Scenarios

6 days ago

In a rapidly evolving economic landscape, major corporations such as Waste Management, Diageo, and Kenvue are navigating complex tariff situations that could significantly impact their operations and profit margins. Recent discussions around potential tariffs have led these companies to develop strategic responses to safeguard their interests while maintaining their market positions.

Diageo Overhauls Sales Growth Targets Amid Looming US Tariff Tensions

18 days ago

In a significant shift in strategy, Diageo, the world's largest spirits maker, announced the removal of its sales growth targets for the upcoming years. This decision comes in light of the pressing challenges posed by an escalating tariff battle in the United States, which has raised concerns over the company's revenue outlook.

Billionaire Castel to Acquire Diageo’s Unit, Expanding Beverage Empire in Ghana

25 days ago

In a significant move within the beverage industry, billionaire entrepreneur Alain Castel is set to acquire Diageo's subsidiary, Guinness Ghana Breweries Limited. This acquisition marks a critical expansion strategy for Castel as he aims to strengthen his footprint in the rapidly growing Ghanaian market. The deal, which is valued at approximately $500 million, emphasizes the increasing competition in Africa's beverage sector, particularly in the alcoholic drinks segment.

Diageo Sets Sights on Growth by Reviewing Beverage Portfolio

29 days ago

In a proactive move aimed at revitalizing its brand and boosting sales, the beverage giant Diageo is reportedly embarking on a thorough reassessment of its drinks portfolio. This strategic review comes as the company seeks to navigate an evolving market landscape marked by shifting consumer preferences and increased competition.