Media reports suggested Diageo was considering asset sales to boost growth, cashing in on high demand for Guinness. View on ...

Hennessy is now owned by French luxury goods conglomerate Moet-Hennessy Louis Vuitton. Hennessy is the clear cognac market leader in the category not because of lower prices, but rather due to quality ...

DRINKS company Diageo refuted rumours that it could sell Guinness or its 34 per cent holding in Moet Hennessy.

Diageo is looking to sell Ciroc vodka, once backed by Sean 'Diddy' Combs, and could look to dispose of other underperforming ...

The rumours circulated after a report from Bloomberg Business Newswire service which claimed a disposal programme was being ...

Bloomberg News previously reported that the UK drinks company was reviewing its portfolio, with a spin-off or sale of ...

In particular, Hennessy Cognac has exploded in the U.S. in recent years, expanding by 1.5 million cases from 2013-2018 to reach 3.7 million cases and take a 61% share of the U.S. Cognac category, ...

Bloomberg reported on Friday that Diageo was reviewing its portfolio and weighing up spinning off or selling Guinness.

The Hennessy Cognac maker reported underlying operating profit from the division dropped by more than a third.

Guinness is an outlier in Diageo's business, which consists mostly of spirits rather than beer, but its performance recently ...

Drinks maker Diageo said on Sunday that it has no intention to sell its Guinness brand or its stake in Moët Hennessy.

After an explosive run of growth from 2017-2021 that saw it add more than a million cases and crest the 5-million-case mark in the U.S., Hennessy Cognac took a step back last year along with the rest ...