TD Cowen analysts say reduced alcohol spending is a result of reduced overall spending, and the pressure might ease as young consumers age into adulthood.
Diageo PLC (LSE:DGE) has increased promotional activity across several of its biggest US spirits brands as it battles to stabilise sales in a challenging market, according to Deutsche Bank. Analyst Mitch Collett said the proportion of Diageo's US sales sold on promotion has been rising year-on-year since October and accelerated further in the latest four-week Nielsen data to 13 June.
Alcohol companies have had fewer reasons to say "cheers" in recent years. Volumes have been falling, and the entire business model is undergoing a structural shakeup as younger people drink less.
LOUISVILLE, Ky., June 18, 2026 /PRNewswire/ -- Blade and Bow announces its 12-Year-Old Solera Reserve, a new limited annual expression crafted at the intersection of time and technique by Nicole Austin, the Director of American Whiskey Liquid Development and Capabilities at Diageo. Beginning with a 12–Year–Old Blade and Bow Kentucky Straight Bourbon, it's guided through a multi–vat Solera finis...
LONDON--(BUSINESS WIRE)--Strategy and Diageo highlighted how a universal context layer can help enterprises reduce data complexity, speed access to trusted information, and make AI more useful across the business during a full-house Solution Provider Session at Gartner Data & Analytics Summit London 2026. In the session, “The AI Cocktail: How Diageo Mixes Data Governance and AI for Its Iconic B...
Diageo PLC (LSE:DGE) has focused too heavily on premium spirits and now needs to broaden its appeal to more price-conscious consumers, according to Jefferies, which has raised its target price on the drinks maker to £20 from £19. In a mammoth 99-page report entitled "Addressing the Premiumisation Hangover", analysts argued that while the long-term trend towards consumers drinking "less but bett...
Major automakers backed the Environmental Protection Agency proposal to delay enforcement of a regulation requiring significant cuts in air pollution from vehicles for two years but want the agency to move quickly to rewrite the rules.
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