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Diageo

Food & Wine

Guinness drinkers drive Diageo sales growth in Ireland but American spirits falling

The drinks giant reported net sales of £9.4 billion, an 18.4 per cent increase but its shares dropped due to a sales slowdown in North America.
  • Aaron Rogan
  • January 26, 2023
Drinks

Diageo to spend up to €438m on Philippines rum brand days after raising price of pint

Last week the firm said it could no longer absorb the cost of inflation for drinks such as Guinness
  • Paul O'Donoghue
  • January 17, 2023
Hospitality

Rural pubs cannot absorb Diageo price hike as ‘margins are too tight’

Margins already squeezed to the max, says Galway publican, with ‘one or two’ pubs closing every week around the country
  • Ellie Donnelly
  • January 16, 2023
Evening Headlines

Further blow to publicans as Diageo raises price of Guinness; Ireland’s reliance on FDI under scrutiny

The stories you need to read this evening in business, politics and current affairs
  • Business Post
  • January 10, 2023
Hospitality

Publicans call on Guinness-owner Diageo to reconsider increase to price of a pint

The Vintners Federation of Ireland said that pub trade cannot keep ‘taking hits’
  • Aaron Rogan
  • January 10, 2023
Beer

Guinness follows Heineken by increasing cost of a pint due to inflation

Diageo said it has absorbed cost increases but can no longer do so
  • Aaron Rogan
  • January 10, 2023
Companies

Barley buyer to deduct ‘energy surcharge’ from price paid for grain

French-owned Boortmalt, the main buyer of the malting crop produced here for the Irish drinks industry, announces the cut as farm inputs rise by 40 per cent
  • Lorcan Allen
  • August 13, 2022
Sponsored Content

Best in glass: Mark Cooney wins bartender of the year

Extraordinary cocktails were the order of the evening as the Irish winner of Diageo Reserve’s World Class Bartender of the Year competition was crowned
  • Elaine Prendeville
  • June 29, 2022

Diageo warns new development plan could impact business at Guinness Storehouse

Drinks giant tells council it should specifically reference positive impact of brand on city in new development plan
  • Donal MacNamee
  • February 23, 2022

US watchdog inquiring into Diageo’s ‘business operations in certain markets’

The drinks giant has said it is currently unable to assess whether the inquiry by the Securities and Exchange Commission will evolve into enforcement action
  • Eva Short
  • January 27, 2022

Diageo sales in Ireland rise almost 50% as Guinness trade soars

Easing of Irish hospitality restrictions brings highest jump in organic net sales and healthiest growth in Guinness trade in all of Europe
  • Eva Short
  • January 27, 2022

‘A big part of PR now is about influencers and advocacy and being culturally relevant’

Northern Ireland agency Smarts is to open a New York office with a focus on pop culture and entertainment
  • Elaine O'Regan
  • January 31, 2021

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