Warren Buffett’s Berkshire Hathaway invested US$1.24 billion in Constellation Brands in the fourth quarter of 2024, marking the first time the billionaire’s firm has taken a stake in the global alcohol company. Read More
Diageo
Major international spirits giants are making substantial bets on China’s nascent whisky industry, with the latest unveiling of Diageo's Yuntuo distillery in Yunnan. What's fuelling the foreign invest in whisky of Chinese origin? Read More
Diageo, the maker of Johnie Walker and Bailey’s, has officially opened its first Research and Development Center in Shanghai to further its product innovation and development ambitions in China. Read More
Sotheby's partnered with spirits giant Diageo to offer two “ultra rare” casks, with each expected to fetch £1.2 million. Read More
The world's leading spirits giant Diageo has kickstarted its global bartending competition Diageo World Class 2022 in Hong Kong and Macau to revive the spirits of the industry. Read More
Restaurants and bars in China are cautiously resuming services, as the country emerges from a two-month lockdown, with what’s estimated that 80% of catering business … Read More
The spirits giant Diageo estimated that the fast-spreading COVID-19 disease could shave off up to £325 million of net sales for the group, as the virus outbreak forced many restaurants and bars to shut doors across Greater China region. Read More