Diageo is said to review drinks portfolio to reignite growth

Quick Summary:

Diageo is already looking to sell Ciroc vodka, and could look to dispose of other underperforming labels.

The company's 34% stake in LVMH’s drinks division, Moet Hennessy, is also under review.

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Article Details

Author / Journalist: Sabah Meddings, Ruth David, Dinesh Nair, Bloomberg

Category: EconomyBusiness

Markets: United States

Topics: UK Fortune 500 Europe U.K. Diageo Alcohol LondonWires

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 15:27:17 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 30 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 25405308

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Official Website: fortune.com

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