Trade War Threats Dampens Diageo’s Outlook; Guinness +17%

Trade War Threats Dampens Diageo’s Outlook; Guinness +17%

Spirit suppliers got a brief reprieve when President Donald Trump delayed tariffs with Mexico and Canada on Monday, but the threat of a trade war has still hampered the growth outlook for one of the industry’s biggest players. Meanwhile, Guinness continues to be a bright spot in Diageo’s portfolio, achieving its eighth consecutive half of double-digit growth, delivering +17% organic net sales growth in the period.

🎙️ Get to Know Hurray’s Girl Beer

🎙️ Get to Know Hurray’s Girl Beer

Meet Brewbound Pitch Slam winner Hurray’s Girl Beer; FIFCO Rrvamps Seagram’s Escapes; news from Molson Coors, Fair State & Night Shift; Owl’s Brew collabs with Chelsea Handler.

Molson Coors Strikes Strategic Deal with Fever-Tree, Takes 8.5% Stake

Molson Coors Strikes Strategic Deal with Fever-Tree, Takes 8.5% Stake

Molson Coors Beverage Company is getting in on the mixer set with a new strategic partnership with Fever-Tree, taking an 8.5% minority stake in the business and granting the alcohol giant exclusive U.S. commercialization rights to the premium brand beginning February 1.