[ad_1] Jan. 16, 2024 10:24 am ET Diageo said it has reached an agreement with Sean “Diddy” Combs, after the rapper accused the group of racial discrimination and alleged it…
Tag: Alcoholic Beverages/Drinks
Frasers Property Owners Could Sell Company as Part of Strategic Review
[ad_1] Updated Jan. 10, 2024 1:29 am ET Frasers Property’s majority owners could sell the company or some of its assets as part of a strategic review, people familiar with…
Suntory Beverage & Food Exits Nonalcoholic Drinks Business in Indonesia
[ad_1] Suntory Beverage & Food is exiting its nonalcoholic beverage business in Indonesia after 12 years of selling bottled tea, jelly drinks and other products in the Southeast Asian country.…
The Bud Light Boycott Was Just the Beginning of a Crazy Year for Beer
[ad_1] Updated Dec. 27, 2023 10:59 am ET Beer had a rough year. A Bud Light boycott in 2023 reshuffled the beer industry, vaulting Modelo Especial to the top spot…
BOJ Should Raise Interest Rates Before Next Summer, Suntory CEO Says
[ad_1] TOKYO—Takeshi Niinami, chief executive of beverage maker Suntory Holdings and the head of a Japanese business lobby, called on the Bank of Japan to raise interest rates, saying it…
European Developers Are Wooing Wine Lovers With Their Own Hassle-Free Vineyards
[ad_1] With careers in Northern California’s tech sector and a primary home on the eastern shore of San Francisco Bay, Clifton Lewis Lyles and his wife, Serene Lewis Lyles, have…
Guinness Maker’s Morning After Offers Little Reassurance
[ad_1] Global liquor giant Diageo is reeling from the sudden death of its longtime chief executive in June followed by a profit warning last week that tanked the stock. But…
Can Tequila Really Go Global? This Booze Boss Is Giving It a Shot
[ad_1] Updated Nov. 14, 2023 12:01 am ET Listen to article (1 minute) LONDON—Shortly after taking the helm at the world’s largest spirits maker, Diageo CEO Debra Crew made a…
Californian Vineyard Founded by Lebanese Migrants Sells for Up to $1 Billion
[ad_1] Updated Oct. 30, 2023 10:43 pm ET SYDNEY—A Californian vineyard set up by two Lebanese migrants who got their first break making wines in a garage in rural San…