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The Latest Breaking News from Debra Crew

Guinness maker Diageo braces for a €133 million US tariff hit

The British multinational alcoholic beverage company also announced a $500 million savings plan.

Euronews

Johnnie Walker owner Diageo says Trump tariffs could hit profits by $150m

FTSE 100 group, which also owns Tanqueray and Smirnoff, is to cut costs – which could lead to job losses

The Guardian - UK

Tariffs threaten your grocery bill

New trade policies could push prices higher for everything from soda cans to seafood

Salon

From analysis to the latest developments in health,
read the most diverse news in one place.

Tariffs would be a drag, but Guinness boss still needs to find a brew for recovery

There’s no hiding from a 5% fall in operating profit at owner Diageo in the second half of 2024, Trump trade policy or not

The Guardian - UK

New Guinness factory to ease supply issues amid unprecedented demand

Guinness reportedly raided its security stocks in Ireland in order to help with the shortage

The Independent UK

Guinness increasing supplies after Christmas pub shortages

Diageo, which also owns Johnnie Walker whisky and Gordon’s gin, said Guinness sales have seen ‘extraordinary’ growth in recent months.

Evening Standard

How fortunes turned flat at Johnnie Walker and Guinness owner Diageo

With crucial results looming, investors fear 25 years of dividend growth may stall this week as drinks firm battles major headwinds

The Guardian - UK

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Diageo rules out sale of Guinness brand amid stout speculation

Drinks company denies it also plans to dispose of 34% stake in champagne and cognac business Moët Hennessy

The Guardian - UK

Guinness boom prompts owner Diageo to consider sale or spin-off

Stout, which has become fashionable with gen Z drinkers, likely to be valued at more than £8bn

The Guardian - UK

Diageo needs to raise shareholder spirits – and fast

After cruising at the top end of the 100 FTSE index, the company’s reputation has taken a turn for the worse

The Guardian - UK

Johnnie Walker maker Diageo sees first sales drop since the pandemic—but Guinness and ready-made cocktails save the day

Diageo’s CEO Debra Crew said that despite pockets of weakness, the “merit of our portfolio is that we really do have very broad options for the consumer.”

Fortune

Diageo hit by first post-Covid sales fall but Guinness soars in Great Britain

Drinks company says global sales of non-alcoholic version of its stout more than doubled, with beer up 18% overall

The Guardian - UK

More than £15 billion wiped from European drinks makers after Diageo profit warning

More than £15 billion was wiped from the market value of Europe’s biggest drinks makers today after Diageo warned of a sudden slump in demand for its spirits.

Evening Standard

Heathrow security guards to strike from 24 June, says Unite; UK house prices ‘in first annual fall since 2012’ – as it happened

Heathrow security guards announce strikes over summer, UK house prices record their first annual fall in over a decade

The Guardian - UK

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The National (Scotland)

Scotch whisky chief setback after surgery

SCOTCH whisky giant Diageo has appointed its incoming chief executive to the role ahead of schedule after current boss Sir Ivan Menezes suffered a…

Insider UK

Debra Crew takes over as interim Diageo CEO, with Ivan Menezes in hospital

Drinks group states that retiring boss is currently receiving treatment for conditions including a stomach ulcer

Evening Standard

New female boss for Guinness giant Diageo

THE number of female bosses in the FTSE 100 is soon to hit double figures for the first time.

The Guardian - UK

Diageo appoints Debra Crew as its first female chief executive

Former chief operating officer to be one of fewer than 10 women leading FTSE 100 companies

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Insider UK

Diageo's chief executive retires

Current chief operating officer set to be promoted in the summer

People

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