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

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

LVMH’s Q4 earnings exceed expectations with 1% organic growth, despite challenges in Asia and a decline in spirits sales.

The conglomerate’s all-important fashion and leather goods division reported that sales declined by 1 per cent in the fourth ...

LVMH defied expectations and increased sales in its most recent quarter thanks to a buoyant US economy and resilience in Europe, raising optimism that the worst of the downturn in the luxury goods ...

From traditional family gatherings to Instagram-worthy installations at The Exchange TRX and exclusive events at Upper House ...

The report said Diageo was toying with the idea of either selling or spinning out Guinness as a separate, publicly listed ...

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

Andrea Pistacchi, an analyst from Bank of America Securities, maintained the Buy rating on Diageo (DGEAF – Research Report). The associated ...

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

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

Hennessy continues its tradition of collaborating with talented designers for its exclusive Lunar New Year collections. This ...