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NEW Smirnoff Ice Icy Island Just Crashed Beach Destinations with Reality TV's Hottest Stars -- and Tropical Flavor in Tow

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Diageo (NYSE:DEO) brand Smirnoff Ice launched the Icy Island Variety Pack on March 25, 2026, a four-flavor flavored malt beverage range (4.5% ABV) sold in 12-packs with a suggested retail price of $17.99. The brand staged beach pop-ups with reality personalities to promote summer trial and social buzz.

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News Market Reaction – DEO

+2.18%
+2.18% Session close to close

In the Mar 25 session, DEO gained 2.18%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds another flavored innovation to Diageo’s portfolio, with Smirnoff Ice Icy Isla...
Analysis

This announcement adds another flavored innovation to Diageo’s portfolio, with Smirnoff Ice Icy Island positioned as a 4.5% ABV flavored malt beverage in a $17.99 12-pack format. It follows several recent product and marketing launches that produced modest price reactions. Against a backdrop of flat reported net sales of $20.2bn and a -24% total shareholder return in the latest 20-F, investors may watch how this and similar launches contribute to brand momentum and overall portfolio growth.

Key Figures

Current price: $72.47 52-week range: $72.45–$116.69 Market cap: $41,206,127,526 +5 more
8 metrics
Current price $72.47 Pre-news price for DEO; <b>-2.24%</b> over prior 24h
52-week range $72.45–$116.69 Price sat <b>0.03%</b> above low and <b>-37.9%</b> below high
Market cap $41,206,127,526 Equity value for Diageo pre‑announcement
ABV 4.5% Alcohol by volume of Smirnoff Ice Icy Island
SRP Icy Island pack $17.99 Suggested retail price for 12-pack of 12oz cans
Net sales FY25 $20.2bn Reported net sales, effectively flat year-on-year (-0.1%)
Free cash flow FY25 $2.75bn Reported free cash flow from latest 20-F
Total shareholder return -24% Reported TSR performance in latest 20-F

Historical Context

5 past events · Latest: Mar 23 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 23 Product launch Positive +0.3% Launch of Rumple Minze Cinnamint Whiskey with national rollout and pricing.
Mar 17 Corporate event Positive -0.1% Diageo participated in NYSE bell-ringing for St. Patrick’s Day.
Mar 16 Marketing campaign Positive +0.1% Ketel One Vodka launched a social-first martini campaign with Patrick Schwarzenegger.
Mar 09 Product launch Positive -0.9% Limited-edition Oban Aged 15 Years Port Cask Finish single malt release.
Mar 02 Product launch Positive -3.3% Launch of Bulleit Bourbon Mesquite Smoked Malt limited-release bourbon.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent brand and product news has usually led to modest, often muted price reactions, with a slight tendency toward negative moves even on generally positive launches.

Recent Company History

Over the past month, DEO has issued a series of brand and marketing updates across its portfolio. Launches such as Rumple Minze Cinnamint Whiskey, Oban Aged 15 Years Port Cask Finish, and Bulleit Bourbon Mesquite Smoked Malt, plus a Ketel One Vodka campaign and an NYSE bell event on Mar 17, produced small mixed price moves (from +0.35% to -3.32%). Today’s Smirnoff Ice Icy Island launch continues this pattern of incremental, brand-focused news rather than transformational catalysts.

Key Terms

flavored malt beverage
1 terms
flavored malt beverage technical
"Icy Island is a flavored malt beverage (FMB). It is brewed and flavored"
A flavored malt beverage is an alcoholic drink made from a malt base (like beer) that’s been flavored, sweetened, and often carbonated to taste more like a soft drink or cocktail than traditional beer. Investors care because these products target different consumers, can command higher margins, and are affected by trends, taxes and regulations that influence sales volume and profitability—think of them as a flavored, ready‑to‑drink product line that can reshape a beverage company's revenue mix.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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The OG of all things flavor and fun tapped Nic Vansteenberghe, Jeremiah Brown and Iris Kendall to serve up a lineup of tropical experiences — from free spray tans to birthday celebrations — all to kick summer off early

NEW YORK, March 25, 2026 /PRNewswire/ -- Smirnoff Ice is turning up the flavor this season. From the brand behind last year's hit Smirnoff Ice Sunny Days comes its boldest drop yet: the Smirnoff Ice Icy Island Variety Pack – delivering an instant vacation for fans ready to trade spring for island time, no travel required.

So instead of just announcing it, Smirnoff Ice got out there. Teaming up with Nic Vansteenberghe, Jeremiah Brown and Iris Kendall, the brand popped up at beach destinations across the country with unexpected moments — turning everyday hangs into full-on Icy Island experiences.

Think surprise DJ sets, impromptu spray tans, birthday celebrations and boat day send-offs — with each stop bringing its own kind of energy:

  • Fort Lauderdale, Fla. – Jeremiah Brown kicked things off on island time, meeting beachgoers with Smirnoff Ice Icy Island in hand and setting the tone for the week with a surprise birthday moment for Nic

  • South Padre Island, Texas – Iris Kendall brought the glow, treating beachgoers to impromptu free spray tans while serving up Smirnoff Ice Icy Island along the way

  • Panama City Beach, Fla. – Nic Vansteenberghe kept things going with a Smirnoff Ice beach bar takeover, stepping behind the booth for a DJ set before celebrating his birthday and heading out with some familiar faces on the water

"That was easily one of the best ways I could've spent my birthday,"  said Nic Vansteenberghe. "Good people, good energy and of course, good drinks — can't really ask for more."

A VACATION IN EVERY SIP
The Smirnoff Ice Icy Island Variety Pack is the must-try new sip of the summer, featuring four vibrant flavors inspired by sun-soaked escapes:

  • Paradise Punch – A vibrant blend of cherry and creamy orange, bursting with zesty lime flavors
  • Tropical Tiki – A flavorful blast of pineapple and mango, balanced by tasty citrus notes
  • Strawberry Sunset – Sweet strawberry flavor with a smooth, sun-kissed finish
  • Watermelon Wave – Crisp, juicy watermelon flavor with bright tropical notes

"We're bringing a taste of the tropics to wherever fans are this summer," said Fergus McCarthy, Director of Smirnoff Ice. "From beach hangs and boat days to kicking back with friends at home, Icy Island captures the vacation vibes we all crave."

SMIRNOFF ICE ICY ISLAND FAQS
What is the Smirnoff Ice Icy Island Variety Pack?
The Smirnoff Ice Icy Island Variety Pack is the must-try new launch of the summer. Inspired by sun-soaked escapes, the variety pack features four vibrant flavors: Paradise Punch, Tropical Tiki, Strawberry Sunset and Watermelon Wave.

What is the ABV of Smirnoff Ice Icy Island?
Smirnoff Ice Icy Island has an alcohol by volume (ABV) of 4.5%, delivering the crisp taste fans expect from Smirnoff Ice, now with a tropical twist.

Where can I buy the Smirnoff Ice Icy Island Variety Pack?
The Smirnoff Ice Icy Island Variety Pack is available at retailers nationwide where Smirnoff Ice products are sold. Check your local store or use our product locator to find Smirnoff Ice Icy Island near you.

How much does the Smirnoff Ice Icy Island Variety Pack cost?
Smirnoff Ice Icy Island Variety Pack is available now in 12-packs of 12oz cans with a suggested retail price of $17.99.

What kind of alcohol is in Smirnoff Ice Icy Island?
Icy Island is a flavored malt beverage (FMB). It is brewed and flavored to deliver fruit-forward taste in a convenient ready-to-drink format.

What can fans do to stay in the know?
Track where we're pouring next at @SmirnoffUSA on Instagram.

No matter how you choose to enjoy the delicious island-inspired sips this summer, please remember to always drink responsibly.

About SMIRNOFF
Smirnoff has been giving the people what they want since 1864, revolutionizing drinking culture across generations: from inventing the Mule and reimagining the vodka martini to creating a cultural mainstay that defines the flavored malt beverage category with the launch of Smirnoff Ice, known for flavors since 1999.

Because the brand is dedicated to the people and their evolving taste preferences, Smirnoff has an option for everyone along with a dedicated history of adding fun to any occasion while keeping diversity and inclusion at the forefront. Truly showing the power of socializing when everyone (21+) is invited to celebrate.

The Smirnoff portfolio offers a variety of options for adults across vodka and flavored malt beverages. Current offerings include foundations in Smirnoff No. 21 Vodka and Smirnoff Ice, a line of flavors in North America and ready-to-serve flavored malt beverages including Smirnoff Seltzer and Smirnoff Ice Smash. From culturally relevant limited editions to new innovations and zero sugar offerings, Smirnoff has always been known for quality and affordability, and prides itself on giving the people what they want.

About Diageo North America
Diageo is a global leader in beverage alcohol with an outstanding collection of brands across spirits and beer categories. These brands include Johnnie Walker, Crown Royal, J&B and Buchanan's whiskies, Smirnoff and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness.

Diageo is a global company, and our products are sold in nearly 180 countries around the world. The company is listed on both the London Stock Exchange (DGE) and the New York Stock Exchange (DEO).

For more information about Diageo, our people, our brands, and performance, visit us at www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com for information, initiatives, and ways to share best practice.

Celebrating life, every day, everywhere.

MEDIA CONTACTS:
Nicole Anastasi
DIAGEO
nicole.anastasi@diageo.com

TAYLOR
Smirnoff@taylorstrategy.com

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SOURCE Smirnoff Ice

FAQ

What is the Smirnoff Ice Icy Island Variety Pack announced March 25, 2026 (DEO)?

The Icy Island Variety Pack is a new four-flavor ready-to-drink offering from Smirnoff Ice. According to the company, it includes Paradise Punch, Tropical Tiki, Strawberry Sunset and Watermelon Wave, designed to deliver tropical flavors in a 12-pack format for summer trial.

What is the ABV and pricing for Smirnoff Ice Icy Island (DEO) announced March 25, 2026?

Smirnoff Ice Icy Island has an ABV of 4.5% and a suggested price of $17.99 per 12-pack. According to the company, the product ships in 12oz cans and is positioned as an affordable summer flavored malt beverage option.

Where can consumers buy Smirnoff Ice Icy Island (DEO) after the March 25, 2026 launch?

The variety pack is available at retailers nationwide where Smirnoff Ice products are sold. According to the company, shoppers can check local stores or use the brand's product locator and follow @SmirnoffUSA for pouring locations and activations.

What flavors are included in Smirnoff Ice Icy Island (DEO) and how are they described?

The pack features Paradise Punch, Tropical Tiki, Strawberry Sunset and Watermelon Wave, each with tropical fruit profiles. According to the company, descriptions highlight cherry/orange/lime, pineapple/mango/citrus, sweet strawberry, and crisp watermelon notes respectively.

How did Smirnoff Ice promote Icy Island on March 25, 2026 with reality stars (DEO)?

Smirnoff Ice staged beach pop-ups featuring Nic Vansteenberghe, Jeremiah Brown and Iris Kendall to drive awareness. According to the company, activations included DJ sets, free spray tans, birthday moments and beach bar takeovers to generate social engagement.

What type of alcohol is Smirnoff Ice Icy Island and who is it for (DEO)?

Icy Island is a flavored malt beverage (FMB) crafted for adult social occasions and casual summer drinking. According to the company, it targets 21+ consumers seeking fruit-forward, ready-to-drink options with tropical flavor profiles.