Johnnie Walker clock, Edinburgh: Diageo investors must give the new boss more time New chief executive Sir Dave Lewis faces an uphill battle to fix the drinks giant, says DAN COATSWORTH Dave Lewis is going to need a stiff drink after presenting his first set of results as the new Diageo boss. The business is […]
Diageo
BrewDog loses its bite in a softer market
The Aberdeenshire brewer will no longer command a premium price, writes TERRY MURDEN The likely sale of brewer and pubs chain BrewDog should come as a surprise to no one, except that it has taken this long for the company to admit it needs help. It is a sobering milestone for those who clung to […]
Whisky sector chasing hopes of an upturn
The Christmas spirit comes with a few drops of concern for the nation’s distilleries, writes TERRY MURDEN Fife distillery Eden Mill slid into administration last week before being acquired by the entrepreneur Tony Banks who immediately pledged that his Ruby Capital company would invest in developing its international credentials. Former care homes owner Banks knows […]
Abrdn break up talk | Life in the luxury lane
AS I SEE IT: TERRY MURDEN says there is more speculation over asset manager Abrdn’s independence, while the luxury consumer market remains untouched by the cost of living crisis There is more talk about the attractions of breaking up Abrdn, the asset manager whose CEO regularly talks up its prospects for a bright new future […]
Whisky distillers have a duty to pay up
AS I SEE IT: TERRY MURDEN says the whisky sector is missing the point of the new duty regime Global whisky company Diageo joined the industry’s cheerleader to condemn the new duty regime introduced by the UK Government which will see a hike in the price of spirits. Diageo’s new CEO Debra Crew and Scotch […]