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.
One, perhaps minor, consequence of the conflict in Ukraine appears to be a fall in sales of Russian vodka in the country....
Diageo has jumped onboard Google's latest interactive maps and is opening up the virtual doors to four of its distilleries. ...
A very early start today, with Carla Errazuriz from Concha y Toro's fine wine division picking me up from our Santiago hotel at 0700....
Ever wondered how a whiskey still gets built? ...
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