Drinks Analysis: Diageo’s price hike in face of rising profits will leave sour taste in consumers’ mouths Price change may be small, but the cost in consumer loyalty could be huge as many publicans consider exploring new offerings
Drinks Publicans to take Diageo price hikes ‘on the chin’ as pints go up by 4 centOne Dublin pub-owner told the Business Post that pints are not the only prices increases pubs have had to contend with, with Diageo raising the price of its spirits brands three times in the last year
Companies Diageo to pay €2.1bn dividend to investors after reporting double-digit profit growthThe British drinks giant reported record full year sales of almost €20 billion on the back of higher sales prices and foreign exchange tailwinds
Drinks Guinness-owner Diageo raises price of pint by 4 cent in second hike this yearThe move, which will take effect in August, will affect firm’s entire draught beer portfolio, including Guinness, Carlsberg, Smithwicks, Harp, Rockshore and Hop House 13
Drinks Diageo to treble production of Guinness 0.0 in DublinThe move is being made following a €25 million investment in a new facility at St James’s Gate
Drinks Guinness-owner Diageo ends deals with ‘Diddy’ Combs after racism claimsA spokeswoman for Diageo said ‘Mr Combs’s bad-faith actions have clearly breached his contracts and left us no choice’
Climate & Environment Diageo: Water crisis threatens alcoholic drinks supplyThe maker of Guinness and Baileys says water supply poses the most significant climate change-related risk to its business
Business Guinness maker Diageo and Sean ‘Diddy’ Combs face off over multi-billion dollar racism allegationsIn a statement, Diageo denied allegations of racism and said the matter was a business dispute
Business Guinness owner Diageo announces new chief executive as Ivan Menezes stands downDebra Crew, the chief operating officer who was widely tipped to step up when Menezes retired, will lead the company
Russia Heineken launched stout to replace Guinness for Russian marketDrinks giant says it still intends to withdraw from Russia over Ukraine invasion, but has developed new product range selling 72 million litres of beer and soft drinks
Food & Wine Guinness drinkers drive Diageo sales growth in Ireland but American spirits fallingThe 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.
Drinks Diageo to spend up to €438m on Philippines rum brand days after raising price of pintLast week the firm said it could no longer absorb the cost of inflation for drinks such as Guinness
Hospitality Publicans call on Guinness-owner Diageo to reconsider increase to price of a pintThe Vintners Federation of Ireland said that pub trade cannot keep ‘taking hits’
Beer Guinness follows Heineken by increasing cost of a pint due to inflationDiageo said it has absorbed cost increases but can no longer do so
Planning Guinness Quarter developer ordered to survey historic railway systemDublin council says €1 billion project cannot proceed until archaeology assessment completed on train tunnel system at St James’s Gate
Fine Arts: The power of advertising in all its old glorySheppards’ upcoming sale is a feast of vintage marketing, from Guinness to Bovril
Diageo warns new development plan could impact business at Guinness StorehouseDrinks giant tells council it should specifically reference positive impact of brand on city in new development plan
Diageo sales in Ireland rise almost 50% as Guinness trade soarsEasing of Irish hospitality restrictions brings highest jump in organic net sales and healthiest growth in Guinness trade in all of Europe
Guinness begins use of electric trucks and vansThis week the brewer began trial use of an electric heavy goods vehicle from St James’s Gate to Dublin Port