Bacardi scion: pressure on alcohol industry ‘might hurt others — not us’
Deals including raising its stakes in Teeling whiskey have sharply pushed up Bacardi’s debt levels
Diageo
Dublin’s Guinness Enterprise Centre agrees deals to help start-ups expand internationally
The Liberties-based centre has 25 existing agreements with national and international hubs
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Sales of non-alcoholic Guinness surged 35% last year
Product expected to take up about 12% of all production at St James’s Gate in near future, Diageo Ireland said
Glass half full for Guinness, half empty for Diageo
Sales of the black stuff are up, yet the rest of Diageo’s portfolio is struggling
Diageo Plans $500m in cost cuts as US tariffs kick in
The distiller reiterated its guidance for the full year and expects sales growth to improve in the second half
Mandatory alcohol warning labels could be reconsidered due to tariff impact on industry - Harris
Timeline ‘under consideration’ with eye on US tax impact on drinks industry
Tariff relief hopes boost recovery in global stocks
Iseq index up 2.3% as banks move higher, fuelled by positive updates from a trio of US lenders
Is Guinness owner Diageo on activist investors’ radar as stock languishes at eight-year low?
Sales of some key spirits are flagging, but it is unclear if this is a return to a pre-Covid norm or a shift in consumer tastes
M7 corridor lands, with full planning for large logistics facility, guiding at €8.85m
The 9.55-hectare holding has prime pitch next to Primark distribution hub in Newbridge, Co Kildare
Trump alarm bells drown out whispers of resistance in Washington
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Diageo scraps guidance amid tariffs and demand uncertainty
Company is under pressure as sales slip despite 13% surge for Guinness
Diageo faces possible $600m hit from tariffs
Guinness-maker highlights changing political landscape globally and the threat of tariffs as a key risk to its business
Diageo does not intend to sell Guinness or its stake in Moet Hennessy
Bloomberg News previously reported that the UK drinks company was reviewing its portfolio, with a spin-off or sale of Guinness under consideration
Diageo weighs Guinness sale amid drinks brands review
Drinks giant is grappling with sliding demand for its wider products and falling share price
Price of a pint of Guinness set to rise again
Customers could expected to pay a multiple of the 6 cent increase when Vat, duty and profit margins are calculated
UK Guinness shortage: Reserves earmarked for Irish customers raided to ease pressure
Brewery has also put shipments bound for North America on standby for potential diversion to the UK in case security stocks fail to fill gap
Rapidly-growing non-alcoholic beer market ‘underdeveloped’
Sales of 0.0 products rising fast but Irish consumers are a long way short of some European counterparts
The great Guinness shortage has lessons for Diageo
Consumer companies should beware neglecting historic brands in favour of celebrity start-ups
No disruption to Irish Guinness supplies for Christmas, Diageo says
‘Exceptional consumer demand’ for the stout in recent months has led to distribution issues in England, Wales and Scotland
Good things come to those who wait - Diageo limits UK Guinness supply
Move follows increased popularity of its stout but supply issues will not affect Irish market
Apple tax bonanza to fuel Fine Gael housing plans
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Guinness 0.0 sales surge as Diageo boosts production to keep pace
With sales surging almost 50%, brewery hopes to supply pints of the alcohol free plain to 2,000 pubs across Ireland this Christmas
Bushmills sales rise as it continues new spirits production
Proximo Spirits-owned Old Bushmills Distillery Company recorded pre-tax profit of €13.4 million in 2023, marginally up on previous year
Dublin’s Liberties has everything. Except vision, planning, care and attention
It’s difficult to imagine any other European city allowing the development that has blighted the Liberties
Electric Picnic vs craft beer: how Irish microbreweries are fighting back against the industry’s biggest players
The exclusion of craft beer breweries from Ireland’s largest music festival is a microcosm of the David-and-Goliath nature of the business
Dublin city centre traffic plan to get first rush-hour test today
Restrictions on city quays in place from Sunday but face first real test on Monday morning
Dublin pub lobby risks losing the dressing room over price hikes
Minimum wage workers in firing line with Government poised to delay Living Wage introduction
Markets sluggish as investors continue to pile into gold
Iseq index adds 0.3% as financials move higher
Guinness flows but Diageo’s profits dry up
Chief executive bullish that challenges are temporary but a more profound consumer shift may be under way
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The best news, analysis and comment from The Irish Times business desk
Fall in sales could spell trouble for Diageo’s ‘premium’ strategy
Guinness and Johnnie Walker maker reported its first global sales slump since the pandemic this week
Diageo slumps to first annual sales decline since 2020
Sales in Ireland increased 7% last year, primarily driven by Guinness
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