Diageo’s restructuring plan could affect its East African flagship EABL, raising concerns over jobs, tax revenue, and market stability.
United Spirits posts robust quarterly earnings driven by premium alcohol sales and sustained growth in net sales value and EBITDA.
Diageo expects half of the US tariff impact to be mitigated, while its new programme aims to cut costs and drive agility.
A new lawsuit claims Diageo misrepresented Casamigos and Don Julio tequilas as “100% agave,” citing independent lab tests.
Diageo restructures spirits portfolio by swapping Ciroc North America brand rights for global majority control of Lobos 1707 Tequila.