Skip to site menu Skip to page content
Logo Image
In Brief
Spotlight

Sir Dave Lewis takes Diageo on first step of “turnaround journey”

Some in the City were impatient for more but Sir Dave Lewis’s first public comments underlined the challenges facing Diageo.

Latest news

Molson Coors to close UK’s Sharp’s Brewery

The move was announced as part of broader plans to shake-up the group's UK and Ireland business.

Spain to ban energy drinks sales to under-16s

The local government also looks to prohibit sales of drinks with over 32mg of caffeine per 100ml to under-18s.

MGP Ingredients forecasts lower sales, earnings in 2026

"We believe that elevated inventory levels will continue to pressure our brown goods business in the near-term," CEO Julie Francis said.

JM Smucker adds to board after deal with activist investor

Elliott Investment Management, which has recently been in dialogue with PepsiCo, has also invested in JM Smucker.

SPC Global rejigs manufacturing as juice plant to close in August

The Australian business has also entered a co-manufacturing deal with Fair Dinkum Foods.

Suntory Beverage & Food invests in UK production

Suntory Beverage & Food said the line will replace two existing Ribena lines that split production between concentrate and RTD formats.

Carlsberg, PepsiCo set out Poppi UK launch plans

The brand will be produced and distributed in the UK by Carlsberg Britvic, PepsiCo’s bottling partner and the local arm of Carlsberg.

Diageo cannot “rely on economic temperature to be successful”, new CEO says

"The way we'll think about strategy is how do we build out a portfolio that actually reflects and is effective in the prevailing economic conditions?" CEO Sir Dave Lewis said.