Diageo’s Dave Lewis bets big on canned cocktails
Drinks maker’s new focus on fast-growing ‘ready to drink’ beverages marks shift in strategy
Drinks maker’s new focus on fast-growing ‘ready to drink’ beverages marks shift in strategy

Strong quarterly trading in Latin America helps FTSE 100 group beat forecasts despite US spirits slump

Guinness maker’s struggles come as company continues search for new chief executive

Outgoing GSK boss Emma Walmsley among candidates previously considered by drinks group

Discussions under way with Brown-Forman to create premium alcohol group as sector battles subdued demand

New chief at the struggling drinks giant is set to replace members of top team as part of plans to reinvigorate growth

Groups are halting production and cutting prices to shift stock as sales declines accelerate in key markets