Welcome to our dedicated page for Diageo plc news (Ticker: DEO), a resource for investors and traders seeking the latest updates and insights on Diageo plc stock.
Diageo plc (symbol: DEO) is a leading British multinational company in the alcoholic beverages industry, headquartered in London, England. Formed in 1997 through the merger of Grand Metropolitan and Guinness, Diageo excels in producing and marketing premium spirits, beer, and wine globally. Operating from 132 sites worldwide, it ranks among the top producers of branded premium spirits, comparable to Kweichow Moutai in terms of revenue.
Diageo's diverse portfolio includes renowned brands such as Johnnie Walker blended scotch, Smirnoff vodka, Crown Royal Canadian whiskey, Captain Morgan rum, Casamigos tequila, Tanqueray gin, Baileys Irish Cream, and Guinness stout. The company also holds a 34% stake in Moet Hennessy, a premium champagne and cognac manufacturer, and a 56% stake in United Spirits, India's leading spirits company.
Diageo's commitment to innovation and quality is evident in its recent projects. For example, the nationwide campaign “The 19th Hole with Blade and Bow” in collaboration with professional golfer Wyndham Clark, aims to enhance the golfing experience with premium bourbon. Furthermore, Diageo's Smirnoff ICE brand is actively promoting a new initiative called “Smirnoff ICE Surpr-ICES” to celebrate spontaneity and boldness at major festivals.
Financially, Diageo is robust, with listings on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE). The company continues to demonstrate strong growth and profitability, driven by a global strategy that includes market expansions and innovations. Recent executive changes, such as the appointment of Nik Jhangiani as the new Chief Financial Officer, reflect Diageo's strategic focus on financial efficiency and growth.
Diageo is also committed to sustainability and responsible drinking. The company's global responsible drinking resource, DRINKiQ, offers extensive information and initiatives promoting responsible alcohol consumption.
With a broad global footprint and a diverse brand portfolio, Diageo remains a significant player in the beverage alcohol industry. For more information about Diageo, visit www.diageo.com.
Captain Morgan is back as the presenting sponsor of the NFL Fan of the Year Contest, celebrating passionate NFL fans. This year, nominees will be honored with larger-than-life statues, marking a historic first for fans. The top nominees will also feature in a special Sports Illustrated cover. Captain Morgan will unveil statues across the country during December game day celebrations with former NFL legends like Victor Cruz. The Ultimate NFL Fan of the Year will be announced at Super Bowl LVII, live on February 9, 2023. Fans can vote for their favorite nominee until February 8, 2023.
Tequila Don Julio has collaborated with OJAS to launch exclusive speaker systems, highlighting a shared dedication to quality craftsmanship. The collaboration debuted at Miami Art Week, featuring limited-run at-home speakers inspired by the aesthetics of Don Julio's iconic tequila bottle. Priced at $6,000, these speakers emphasize intentional listening experiences, reflecting both brands' commitment to high-end, luxury craftsmanship. This partnership merges the worlds of nightlife and fine audio, focusing on the artistry behind both tequila production and audio design.
Zacapa Rum has launched a limited edition gift set featuring a bottle of Zacapa XO and Baccarat's Harmonie Tumblers, available exclusively at TheBar.com for $350. Customers can personalize their bottles with a complimentary engraving using code GIFTXO. To celebrate, Zacapa will host a special event on December 6 at Baccarat's boutique in New York, offering tastings and custom engravings for shoppers. Zacapa XO is a premium rum aged up to 25 years, known for its rich flavors, making this gift set a luxurious option for the holiday season.
Diageo announces the return of the coveted George Dickel 17 Year Old Reserve, set to hit shelves this December. Initially released in 2016 as a limited offering, this cask strength whisky will now be available in a 750mL format for a suggested retail price of $250. Crafted from a mash bill of 84% corn, 8% rye, and 8% malted barley, the aged whisky promises complex flavors, including hints of crème brûlée and apricots. The launch aims to cater to whisky collectors and holiday shoppers alike, reinforcing the brand's commitment to quality and craftsmanship.
Crown Royal is launching its first digital collectible to promote generosity this Giving Tuesday, in partnership with Salesforce NFT Cloud, Crossmint, and Vayner3. From November 24 to December 31, 2022, U.S. residents aged 21 and over can nominate deserving individuals to receive a digital crown collectible. For each collectible claimed, a Crown Royal purple bag care package will be sent to military service members, continuing the brand's tradition of giving. The initiative emphasizes the brand's commitment to community support and celebrates individuals who embody generosity.
Diageo's Johnnie Walker collaborates with streetwear artist VANDYTHEPINK and 88rising to release a limited edition Blue Label whisky bottle. This first-of-its-kind initiative allows NFT holders to vote on the final design, marking a significant step in the intersection of whisky and Web3 technology. The exclusive release will be available on BlockBar.com on November 22, at a price of $355, offering purchasers VIP access to an immersive experience at SCOPE Miami Beach on December 1. This innovative approach aims to engage consumers and highlight the connection between art and spirits.
Crown Royal has launched its oldest whisky to date, the Crown Royal Aged 29 Years Extra Rare Blended Canadian Whisky, following the success of its 18-year-old variant. This limited-edition whisky has been aged for 29 years at their distillery in Gimli, Manitoba, and showcases a rich flavor profile with notes of baking spices and orchard fruits. Only 6,000 bottles will be available at a suggested retail price of $399. This release aims to cater to a new generation of whisky drinkers looking for modern luxury experiences.
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