Diageo's Moët Hennessy Returns Halve as Highland Jobs Go at Risk

Diageo's income from Moët Hennessy tie-up fell sharply. Reported earnings from one of spirits' longest-running distribution partnerships dropped in fiscal 2025 versus 2023, putting a route-to-market pillar for two of the industry's largest groups under scrutiny. (London South East, Reuters, esmmagazine.com) Union says Diageo distillery jobs at risk in Scotland. A local trade union reports hundreds of redundancy-risk notices across Highlands and Islands distilleries, testing how far cost discipline now reaches into production capacity. (Just Drinks) United Spirits takes FSSAI flavouring order to Bombay High Court. The Diageo-owned Indian producer has challenged a regulator's restriction on flavouring, putting product-formulation rules and the reformulation exposure they create before a judge. (mint, cnbctv18.com) Indian spirits makers lean on luxury as growth slows. Mint reports producers from Diageo India to Radico Khaitan are betting affluent drinkers keep trading up, a mix shift that reads through to portfolio and pricing strategy. (mint) Becle says too early to call US Tequila normalisation. The Tequila producer declined to say whether US inventories and demand are normalising, leaving timing unsettled for anyone planning agave-category shipments. (Just Drinks) Also moving today: RNDC court filings reveal scale of distributor’s financial collapse (The Drinks Business) Diageo appoints new Asia Pacific chief (The Spirits Business) Compagnia del Gusto Holding buys Jascots Wine Merchants (Drinks International, Just Drinks, The Drinks Business) Tsingtao enters Irish whiskey with Great Northern (The Spirits Business) Endeavour Group to offload Australian wine assets (The Drinks Business) Get AlcBev in Five in your inbox every weekday: https://alcbevinfive.com