Tag Archives: Diageo

McDowell’s No. 1 Whisky transitions to new name, Mr. Dowell’s

McDowell’s No. 1, the largest selling whisky in Nigeria and a brand produced and marketed by Guinness Nigeria Plc under licensing agreement from Diageo Plc, its parent company, has announced a name change to ‘Mr. Dowell’s No.1’.

Speaking on the name change, Temitope Adenle, Brand Manager, Mr. Dowell’s No.1, said, the new name was the overwhelming favourite of Nigerians who joined in a unique social media campaign for a name change which lasted for two weeks.

Kelvin Oduntan shakes up Nigerian Special at World Class Global Competition in Berlin

Kelvin Oduntan, World Class Nigeria Winner represented Nigeria at the just concluded World Class Global Competition in Berlin, Germany. The contest attracted 56 of the finest bartenders from across the world vying for the title of Bartender of the Year.

Known for his traditional style which he expresses through his fashion and mixology, Kelvin stayed true to his roots by delivering a truly Nigerian spin to the classic cocktail, Dutch Mule. Instead of the usual ginger beer, his recipe combined ginger-infused palm wine and lime juice with the meticulous sophistication of Ketel One Vodka. His serve was very well received by the audience in Berlin who kept coming back to experience the original Nigerian Mule.

Diageo posts marginal revenue growth in full year as adverse foreign exchange hits sales

British drinks maker Diageo Plc reported its full year 2018 results on Thursday, with marginal revenue growth of 0.9% for the period ending 29 June 2018.

The company behind such brands as Johnny Walker Scotch whisky and Guinness Stout recorded £12.2bn in net sales for the year as against £12bn from the previous year. The firm noted that adverse foreign exchange headwinds impacted net sales. Total volumes declined 1%.

AB InBev withdraws funding for alcohol study as industry’s influence is questioned

The world’s largest brewer, Anheuser-Busch InBev (AB InBev) said it is withdrawing its financial support for a controversial study that will look into whether there are any health benefits to drinking alcohol in moderation.

The ten-year long clinical study which was announced last year had the financial support of the alcohol global heavyweights such as Diageo, Pernod Ricard, Heineken, Carlsberg and AB InBev.

According to the New York Times, the total amount so far raised by the drinks companies for the study is $66 million, of which AB InBev gave $15.4 million.

Diageo to launch ‘Jane Walker’ Scotch in a move to widen appeal

Johnnie Walker, the famous Scotch whisky known by its top-hatted striding-man logo will be launching a female iteration of the iconic logo in the U.S. in March, named “Jane Walker.”

According to the brand’s owner, London-based Diageo, the idea is to appeal to more women and acknowledge a broader effort towards gender equality.

“Scotch as a category is seen as particularly intimidating by women,” said Stephanie Jacoby, vice president of Johnnie Walker.

Guinness Nigeria appoints Stanley Wanyaoike Njoroge as new Finance Director

Guinness Nigeria Plc, announced on Friday the appointment of Mr. Stanley Wanyaoike Njoroge as its new Finance and Strategy Director as well as a member of its Executive Board with effect from 1st March 2018. He takes the place of Mr. Ronald Plumridge who resigned as Finance Director and a member of the Executive Board on 31st October 2017.

According to a profile statement released by the company, Mr. Njoroge is a Certified Public Accountant and a member of the Institute of Certified Accountant of Kenya (ICPAK). He is an alumnus of both the University of Nairobi and Strathmore University in Nairobi, Kenya.

Diageo hails its first-half results despite worries of potential year-end currency headwinds

Diageo Plc, reported its first-half results on Thursday for period ending 31 December 2017, with the drinks maker recording a 1.7% sales lift to £6.5bn ($9.3bn) from last year’s £6.4bn.

Net profits attributable to the company’s shareholders surged 36% to £2bn, helped by a combined effect of increased marketing spend of 7%, reduction in net finance charges and a broad-based organic growth across all regions

Guinness Ireland launches non-alcoholic Lager beer

Guinness Ireland has unveiled its first non-alcoholic lager beer as it looks to tap into a growing consumer trend of declining alcohol consumption or no alcohol consumption.

The new creation which is called ‘Pure Brew’ was developed at Diageo’s Open Gate experimental brewery at St. Jame’s Gate in Dublin. According to Guinness, the beer will be unveiled to 250 pubs in the Irish capital this January and to the rest of the country from March.

Diageo to trademark ‘Jane Walker’

Diageo is keeping mum on reports that it is planning to unveil a new Scotch whisky under the ‘Jane Walker’ name.

According to a report by US celebrity news site TMZ, the Johnnie Walker maker “filed paperwork in early January to trademark the name Jane Walker for alcoholic beverages except beer”. A spokesperson for Diageo would not comment on the story except to say “If and when we have more to say – we’ll let you know.”

Guinness Nigeria N40bn Rights Issue oversubscribed

Guinness Nigeria Plc, said on Wednesday that its share sale to existing shareholders to raise N39.7bn ($126m) was oversubscribed by 116%.

The Nigerian subsidiary of drinks maker Diageo Plc said it sold five shares from the company for every 11 held by shareholders, at N58 naira per share.