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Dear Client: Diageo may have kicked off its new fiscal year with a new game plan for North America, but there’s still “a long, long, long way to go” on the turnaround, CEO Sir Dave Lewis acknowledged on Thursday’s earnings call. Indeed, the latest quarterly results still look pretty familiar for the market, with beer continuing to shine and spirits still struggling. GUINNESS AND SMIRNOFF UP DOUBLE-DIGITS IN THE U.S. Recall, Diageo Beer Co. USA closed fiscal 2026 with volumes
CDC, Mark Anthony Take Legal Dispute Out of Court, Into Arbitration
Dear Client: Coors Distributing Company and Mark Anthony Brands have agreed to take their dispute entirely to arbitration, rather than first having a Denver District Court judge rule on whether the supplier’s planned exit should be temporarily blocked. Law360 had the details, reporting that CDC and Mark Anthony jointly asked the court to “administratively close” the case and “vacate” a preliminary-injunction hearing scheduled for Tuesday. Judge Christopher Jay Baumann granted the request in an order Monday. Of course, the agreement
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