Latin America and Caribbean see Diageo profit decrease

Johnnie Walker owner Diageo is expecting to see a decline in profit in the first half of fiscal 2024, due to a “weaker performance” in Latin America and Caribbean (LAC). 

Gin 1689 targets Latin America

Dutch producer Gin 1689 has appointed specialist firm GinBuilders to distribute the brand in Latin America and the Caribbean.

Diageo appoints Menezes to the board

Ivan Menezes has been appointed to the Diageo board as an executive director with effect from July 2.

Asia-Pacific and Latin America spur AB InBev growth

AB InBev’s buoyant Asia-Pacific and Latin America markets have offset negative growth in North America and Europe, to spur overall revenue growth.

Diageo’s sales grow despite Europe faltering

Diageo has reported an 4% increase in organic net sales growth for H2 of 2010, despite a drop of 3% in Europe.

Bacardi appoints presidents

Bacardi has named Jon Grey and Robert Furniss-Roe regional presidents of Middle East and Africa, and Latin America respectively.

New SABMiller president for Latin America appointed

SABMiller has appointed Karl Lippert as its new president of Latin America, following the announcement of Barry Smith’s retirement.