Diageo: currency moves to shave £45m off profit

Johnnie Walker maker Diageo is forecasting its fiscal 2019 operating profit to fall by £45 million (US$59.4m) as a result of market volatility

WSTA ‘underwhelmed’ by Brexit progress

The Wine and Spirit Trade Association has stressed a ‘no deal’ Brexit “would not be acceptable” and that it has been “underwhelmed” by the UK government’s progress so far

IARD and social media sites raise marketing standards

The CEOs of 11 leading alcohol companies, including Diageo and Pernod Ricard, have partnered with four social media platforms to deliver better safeguarding measures for online alcohol advertising

Martini claims Conigliaro’s charity bike ride idea ‘not new’

Bacardi-owned Martini has disputed Tony Conigliaro’s claim that the vermouth brand had exploited his Milano-Torino bike ride, stating that the idea of charitable cycle rides “is not new”

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