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The Latest Breaking News from Diageo

Drinks giant Diageo says trade war could wipe $200 million off profits

The drinks giant is scrapping its 5% to 7% “medium term” sales target

Evening Standard

Spirit giant Diageo scraps sales target as US tariffs loom

The spirit giant has said it is talking with the US Government over upcoming tariff policies which could ‘impact’ its sales recovery.

Evening Standard

Johnnie Walker owner Diageo says Trump tariffs could hit profits by $200m

UK drinks company considering possible price rises as shares fall despite strong Guinness sales

The Guardian - UK

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FTSE 100 Live 04 February: Diageo and Vodafone shares under pressure, index lower

Diageo today scrapped a key sales target amid the uncertainty facing its tequila and Canadian whisky brands.

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

Guinness in focus as Diageo reveals latest trading

It comes a week after Diageo shut down reports that it could sell or spin off Guinness.

Evening Standard

A cautionary tale that Europe can't afford to ignore

From giant to shadow: When do European juggernauts like Novo Nordisk and Nokia become too big to fail?

Fortune

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UK shares to watch in 2025 and what to consider before investing

There is plenty of choice when it comes to taking first steps into investing - and you’re not limited to individual companies

The Independent UK

Artist rings in the Year of the Snake with striking lunar new year Johnnie Walker packaging design

The vibrant illustration is packed with symbolism.

Creative Bloq

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

‘Skinny jabs’ are turning slimmers teetotal – and drinks companies are feeling the loss

As the public rejoice at shedding weight, the likes of Wegovy seem to be controlling other bad habits – in particular drinking to excess

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 considering possible sale of Guinness business – reports

Bloomberg News reported on Friday that the drinks giant is also reviewing the future of its 34% stake in Moet Hennessy.

Evening Standard

Giving up alcohol for good in 2025?

In recent years, abandoning alcohol has been embraced as a way of life, not just a mere one-month-long trend

Salon

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The Guardian - UK

How gen Z helped drink Guinness dry – and its stout rivals cashed in

Ireland’s best-selling brew has found new favour among women, the young, and celebrity drinkers. Now a shortage of supply in UK pubs has opened the door to competitors

Fortune

Diageo and Heineken go head to head as Guinness shortage gives 600% boost to rival stout Murphy’s

“These outstanding sales figures go to show demand for stout among U.K. pub-goers is in no way slowing down," a Murphy's spokesperson said.

Investors Business Daily

Anheuser-Busch, Booze Stocks Hit By Surgeon General's Warning On Alcohol Link To Cancer

BUD stock and industry peers are falling after the Surgeon General warned that alcohol consumption is linked to seven types of cancer.

Fortune

Social stigma still overshadows 0.0 drinks for Gen Z, even as Diageo, Heineken, and AB InBev bet big on alcohol-free options

“Alcohol has played a central role in the way humans socialize," making it harder to cut the habit out, Oxford University's Charles Spence said.

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The Guardian - UK

Great Guinness heist: thieves stole truck carrying 35,000 pints

Revealed: lorry with 400 kegs of the Irish stout onboard disappeared from Northamptonshire depot, sources say

Fortune

Sean ‘Diddy’ Combs’ shrinking net worth—from billionaire to jail inmate

Legal bills and settlements have severely diminished the entertainment mogul’s fortune, and could one day push him into bankruptcy.

The Guardian - UK

Guinness raids its Irish reserves to ease UK shortages amid gen Z demand

Diageo also reportedly puts shipments for North America on standby for potential diversion to keep up with thirst

BANG Premier

Sean ‘Diddy’ Combs’ gin range could be sold

As his sex trafficking case looms, Sean ‘Diddy’ Combs’ gin range could be sold.

The Independent UK

FTSE slumps as Bank of England holds interest rates

The FTSE 100 finished 93.79 points, or 1.14%, lower to end the day at 8,105.32.

The National (Scotland)

Diageo fined £537k after worker suffers severe burns at Scottish distillery

WHISKY giant Diageo has been fined more than half a million pounds after a worker suffered severe burns at a Scottish distillery.

The Independent UK

Irish drinkers on British shortages: ‘Guinness must keep flowing here’

‘It’s trendy now to appreciate the Irish things,’ one Guinness drinker in Dublin said.

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