Blog: Double Diageo
Chris Brook-Carter | 4 September 2003
Given they have had to integrate the Seagram business during the toughest of years, Diageo's achievement of growth, though not near the levels two years ago, is still worthy of applause.
The most interesting comments from CEO Paul Walsh concerned Diageo's changing perception of the RTD market. Gone are the days of stellar growth. And although he would not be drawn on specific questions concerning growth rates in the UK and US, he did say that the company believed, globally, its RTD brands would grow at the same sort of rates as the parent spirits brands.
How this will change the company's strategy towards its RTDs, which require high levels of innovation, renovation and investment remains to be seen.
Do you have a water source in your garden? By which, I mean a spring, rather than an outside tap....
Here's a round-up of the top stories on just-drinks last week, featuring PepsiCo and Coca-Cola Co, Castel, Molson Coors and the cachaca sector....
There was a big focus on supermarkets and their Scotch offerings this week when a couple of own-brand malts scooped top awards at the International Wines and Spirits Competition (IWSC)....
You can't seem to move at the moment for news of US craft brewers expanding....
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- Focus - Diageo's FY Performance by Region, Brand
- Molson Coors CEO exit - Mega-Merger on hold?
- Comment - Beer - What’s in a (Brand) Name?
- ASA bans Jägermeister TV ad
- Belvédère chairman to step down
- Diageo boosts exec committee
- Diageo silent over Shuijingfang writedown report
- Diageo writes down Shuijingfang value by GBP264m