Diageo

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Drinks conglomerate Diageo has celebrated a 12% increase in global Scotch whisky sales for the year ended 30 June 2023. The London-listed company, which owns almost 30 malt distilleries in Scotland, across which it employs 3,500 people, reported a 5.1% rise in operating profit to £4.6 billion,

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Sir Ivan Menezes, chief executive officer of Diageo, has passed away following a brief illness. Javier Ferrán, chairman, Diageo plc, commented: “This is an incredibly sad day. Ivan was undoubtedly one of the finest leaders of his generation.

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Diageo plc has moved forward a transition in its top management earlier than planned due to the unforeseen medical circumstances of outgoing CEO Ivan Menezes. Debra Crew, previously slated to begin her role as CEO on 1 July, has now assumed the mantle with immediate effect.

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The chief executive officer of Diageo, Sir Ivan Menezes, has decided to retire and will depart from the company on 30 June 2023, following ten years leading the company. Debra Crew, currently chief operating officer, will be appointed CEO and join the Diageo board, effective 1 July 2023.

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At a visit to Glenkinchie Distillery, trade secretary Kemi Badenoch has announced that markets over £100 million have been unlocked for UK alcohol companies. The new export markets became available as trade barriers that deterred alcohol sales to multiple countries across South America and Afr

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Diageo's interim results reported an 18.4% rise in pre-tax profit to £4.4 billion and net sales reached £15.5bn for H1. The growth in profit and sales is largely attributed to price increases and to consumers shifting away from wine and beer opting to buy more premium spirits -

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The Port Ellen Distillery on Islay has its first manager in almost four decades after Alexander McDonald was appointed to the role. The distillery, which closed in 1983, is being brought back into production as part of Diageo’s landmark investment to re-establish the two most famous “los

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Four Diageo subsidiaries have been formally removed from the Prompt Payment Code (PPC) after failing to honour their commitments. The voluntary code requires companies to pay 95% of invoices within 30 days to their small suppliers and pay 95% of all invoices within 60 days.

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Scotch whisky giant Diageo has reported net sales of £8 billion, an increase of 15.8%, across all UK regions in the second half of 2021. Organic net sales grew 20.0%, which the firm said was driven by strong double-digit growth across all regions, supported by effective marketin

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Drinks giant Diageo has launched its landmark Johnnie Walker Princes Street visitor experience store. Four and a half years in the making, Johnnie Walker Princes Street is the centrepiece of the firm's £185 million investment in Scotch whisky tourism in Scotland.

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Whisky giant Diageo, which owns Guinness and Johnnie Walker, has announced that it expects organic operating profit growth to be at least 14% in 2021 signalling an ongoing recovery from COVID-19. Shares in the firm closed up nearly 4% yesterday after the firm resumed a £4.5 billion return

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A united set of recommendations from organisations representing Scotland’s hospitality sector have been submitted to the Scottish Government, urging Ministers to mirror the reopening plans for England as closely as possible, with the stripping away of additional restrictions such as a curfew a

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A £3.8m transformation of Diageo’s former Scottish headquarters has created Edinburgh’s newest grade-A flexible office space. Spanning more than 33,000 square feet, Pure Offices at Edinburgh Park consists of 90 serviced office suites, meeting rooms and modern lounges across three f

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A round-up of business news from across Scotland featuring: Glasgow Taxi's surge in contactless payments, BOHO's award success, Diageo's Katherine Smart's new appointment and WL Gore's role in the NASA Mars 2020 mission.

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