Diageo Stock Price, News & Analysis

Loyal 9 Cocktails has launched the Fast-Forward to Summer Sweepstakes, giving nine friends a chance to win an inclusive weekend in Santa Barbara, California, themed around lemon experiences. The sweepstakes showcases Loyal 9's vodka lemonades, known for their full flavor and crafted with real ingredients. Participants can enter until March 31, 2023, enhancing brand engagement and summer anticipation. With flavors like Classic Lemonade and Watermelon Lemonade, the brand aims to keep a summer mindset alive throughout the year, appealing to consumers aged 25 and older.

Diageo North America is expanding its commitment to inclusion and diversity with an additional $1.75 million in funding aimed at Historically Black Colleges and Universities (HBCUs) and Minority-Serving Institutions. This funding adds to a previous $10 million endowment granted in 2021, aimed at addressing educational barriers. New institutions receiving support include Tougaloo College, Cheyney University, and Southern University, each receiving $250,000. The initiative promises to enhance employability skills for students through mentorship and resources.

Lone River Beverage Company has launched the new Ranch Rita Variety Pack in celebration of National Margarita Day, featuring four flavors: Classic, Spicy, Mango, and Blood Orange. Made with organic agave nectar and lime juice, the pack highlights the brand's Texas roots. The Ranch Rita Variety Pack contains a 6% ABV and is designed for year-round enjoyment. Following the successful April 2022 release of the Classic Margarita, the new variety will be available nationwide, continuing to expand the brand's presence in the hard seltzer market. Lone River is recognized as the leading Ranch Water brand in the U.S.

Smirnoff is celebrating National Margarita Day on February 22, 2023, by promoting its Smirnoff Spicy Tamarind vodka, a sweet and spicy twist on the classic margarita. The brand will host events in LA, Miami, and Dallas, partnering with influencers to showcase creative cocktails. Smirnoff aims to encourage consumers to explore new cocktail possibilities with their vodka. The Smirnoff Spicy Tamarind variant has a 35% ABV and retails for $12.99. As part of its campaign, Smirnoff will soon launch the ¡Living Locura! campaign, further enhancing its brand presence in the market.

Crown Royal, the official whisky sponsor of the NFL, released its first Super Bowl ad featuring Dave Grohl, emphasizing gratitude towards Canada for its contributions. The 60-second spot includes nods to Canadian culture while showcasing the brand's commitment to generosity. Crown Royal also held events in Phoenix, honoring military veterans and hospitality workers, along with a digital 'Chain of Gratitude' initiative that encourages sharing appreciation through collectible tokens. Diageo, Crown Royal's parent company, committed $2 million to support hospitality and military communities, reflecting its dedication to social responsibility.

Buchanan's Blended Scotch Whisky has launched Buchanan's Pineapple, a new addition to its portfolio, which combines the smoothness of Scotch with the flavor of pineapple. This 750ml whisky (35% ABV) is priced at $29.99 and became available on February 1, 2023. The new blend features notes of caramel, vanilla, and citrus, offering a vibrant taste experience for cocktail enthusiasts. The brand aims to honor its Hispanic American roots, inspired by popular mixes like the Buchanita. With an integrated marketing campaign titled It's Piña, the brand promotes easy cocktail recipes and plans to engage with communities across various states.