DiageoNYSE: DEO

The actor steps into next role as the steward of exceptional holiday moments in an exclusive collaboration with the iconic vodka brand NEW YORK , Oct. 30, 2024 /PRNewswire/ -- Known for toasting moments of celebration and making occasions remarkable, Ketel One Family Made Vodka is excited to announce actor and entrepreneur, Patrick Schwarzenegger as the brand's very first "Spirit Advisor," this holiday season. Through a multi-platform campaign including engaging social media content and exciting seasonal cocktails, Ketel One will deliver consumers all the tools necessary to embark on an extraordinary holiday season.

WESTERVILLE, Ohio--(BUSINESS WIRE)--DHL Supply Chain and Diageo North America announced plans to incorporate two fuel cell electric trucks, powered with hydrogen, to their U.S. fleet.

Diageo's "Show Your HBCU Spirit" Initiative Announces Homecoming & Classic Activations and Continues its Ongoing Scholarship Distributions NEW YORK , Oct. 18, 2024 /PRNewswire/ -- Diageo North America continues to celebrate Historically Black Colleges and Universities (HBCUs) with unique and engaging activations at Homecomings and Classics throughout the 2024 fall season. Together with its brands Casamigos, Crown Royal and Guinness, Diageo is honoring HBCU culture and the longstanding traditions of Homecoming at Howard University in Washington, DC, and football Classics in Alabama and Louisiana.

Dublin, Oct. 17, 2024 (GLOBE NEWSWIRE) -- The "Glass Packaging Market Report 2024-2034" has been added to ResearchAndMarkets.com's offering. World revenue for the Glass Packaging Market is forecast to surpass US$67.7 billion in 2024. Collaboration and Partnership Between Market Players Opportunities for the Market Growth Collaboration and partnerships between market players present significant opportunities for the growth of the glass packaging market. In an increasingly interconnected global economy, strategic alliances allow companies to leverage each other's strengths, resources, and capabilities to drive innovation and market expansion. By joining forces, companies can enhance their product offerings, expand their market reach, and achieve economies of scale that can lead to cost efficiencies. One of the key advantages of collaboration in the glass packaging industry is the ability to combine expertise in different areas of the value chain. For example, manufacturers can partner with recycling facilities to improve the collection and recycling rates of glass packaging materials, thereby enhancing the sustainability credentials of their products. Collaborations can also facilitate access to advanced technologies and production methods, enabling companies to develop innovative glass packaging solutions that meet evolving consumer preferences and regulatory requirements. This collaborative effort can influence policymakers and industry stakeholders to prioritize initiatives that enhance the overall sustainability of the packaging industry. For instance, on 12 Dec 2023, Diageo has partnered with ecoSPIRITS to introduce ecoTOTEs, aiming to replace single-use glass bottles and potentially eliminate up to 1,000 bottles over their lifespan. This initiative, set to debut in 2024, will initially focus on brands like Gordon's gin, Captain Morgan rum, and Smirnoff vodka, employing reusable 4.5-litre containers akin to kegs. The move underscores Diageo's commitment to reducing carbon emissions and waste in the spirits industry through sustainable packaging solutions. Demand for Paper Packaging Hinders Glass Packaging Market Growth The glass packaging market is facing significant challenges due to the increasing demand for paper packaging solutions. This shift is primarily driven by growing consumer preferences for environmentally friendly and sustainable packaging options. Paper packaging is often perceived as eco-friendlier because it is biodegradable and sourced from renewable resources, which aligns with the rising environmental consciousness among consumers. As a result, many industries, including food and beverage, cosmetics, and personal care, are adopting paper-based alternatives to meet these consumer demands. Additionally, regulatory pressures and policies aimed at reducing plastic waste are inadvertently benefiting paper packaging solutions. Governments and environmental organizations are advocating for reduced reliance on materials that contribute to landfill waste and pollution, thereby promoting the use of recyclable and biodegradable materials such as paper. This trend is accelerating the shift away from traditional glass packaging, which, while recyclable, is perceived as less environmentally friendly compared to paper packaging.

Diageo stock price has underperformed the market in recent years and is down 30% over the last 3 years. A global leader in the beverage alcohol industry which is well positioned to take advantage of the expected upturn in the market. I believe that Diageo is undervalued and the current level of the stock price represents a great buying opportunity.

The Rare American Bourbon Bottling from Stitzel-Weller Distillery Will be Available in Highly-Limited Quantities in the U.S. LOUISVILLE, Ky. , Oct. 3, 2024 /PRNewswire/ -- Blade and Bow has re-released its ultra-premium 22-Year-Old Kentucky Straight Bourbon Whiskey at the Stitzel-Weller Distillery and Garden & Gun Club in Louisville, KY.

The owner of liquor brands like Guinness, Crown Royal and Johnnie Walker saw its shares rise Thursday on optimism that a bleak consumer spending environment may be improving.

Global beer and spirits giant Diageo PLC (LSE:DGE) chalked up a surprising gain on the London Stock Exchange today, despite the Smirnoff, Johnnie Walker, Guinness and many other cornerstone booze brands owner delivering another cautious trading update. “The global environment remains challenging for both our industry and Diageo,” said chief executive Debra Crew.

Trading commentary ahead of AGM 2024 LONDON, UNITED KINGDOM / ACCESSWIRE / September 26, 2024 / Debra Crew, Chief Executive, commented: "Our expectations are unchanged from when we reported our fiscal 24 preliminary results on 30 July 2024. The global environment remains challenging for both our industry and Diageo.