Diageo Plans Turnaround Under New CEO Lewis Focused on Cost Cuts
Guidance·1 article across 1 outlet
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Diageo Plc, the British distiller which spent years building a portfolio of high-priced drinks, is pinning its turnaround on cost cuts and greater mass-market appeal under UK supermarket veteran Dave Lewis.
The company is expecting flat growth as it implements this new strategy.
DiageoDave Lewis
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“Diageo Plc, the British distiller which spent years building a portfolio of high-priced drinks, is pinning its turnaround on cost cuts and greater mass-market appeal under UK supermarket veteran Dave Lewis.”
Bloomberg — Diageo Plots Turnaround on Lewis’s Familiar Diet of Cost Cuts