Diageo PLC has removed medium-term guidance as it warned over the impact of tariffs by the US on Mexico and Canada. Firmed up by Donald Trump at the weekend, tariffs on Mexican and Canadian imports were set to come into force on Tuesday but later delayed for a month on respective deals.
The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward reduced alcohol consumption.
Global makers of alcoholic drinks like Diageo (DGE.L), opens new tab are caught in the cross-fire of a major trade war as threatened tariffs -- postponed for a month-- could deal a hefty blow to an industry already struggling with falling sales.
A Lucky Winner will Have the Chance to Play a Round of 18 Holes & Enjoy a 19th Hole Celebration with the Golf Legend LOUISVILLE, Ky. , Feb. 3, 2025 /PRNewswire/ -- Today, Blade and Bow Kentucky Straight Bourbon launched a sweepstakes offering the ultimate golf outing with pro golfer and bourbon-lover Wyndham Clark, including a post-game social hour with Clark at The 19th Hole.
Diageo PLC was among companies facing pressure on Monday after US president Donald Trump firmed up tariffs on Canadian and Mexican imports over the weekend. Diageo, which owns the likes of the Crown Royal, Don Julio and Casamigos brands, dropped 3% to 2,345.5p on Monday.
MONTGOMERY, Ala.--(BUSINESS WIRE)--Significant investment to bring approximately 100 jobs to the City of Montgomery once the 360,000 square foot facility is operational.
Johnnie Walker continues its tradition with a limited edition Blue Label Lunar New Year bottle designed by James Jean, inviting whisky lovers to gift, savor and celebrate the Year of the Snake NEW YORK , Jan. 30, 2025 /PRNewswire/ -- Johnnie Walker, the world's number one blended Scotch whisky, is celebrating the occasion by bringing a touch of humor and heart to the holiday in partnership with...
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