Diageo PLC (NYSE: DEO), struck a deal with U.S- based Sazerac, to sell 19-lower end spirits brands for USD 550 Million. This allows the British-based beverage Company to focus on its high-end labels like Johnnie Walker in the U.S. These lower-e..

The Coca-Cola Co (NYSE: KO) announced that it is launching the first alcoholic drink in its history with a canned liquor product in Japan. The country is one of the company's most competitive and fast changing markets. It says it launches about ..

 On Wednesday, Coach Inc. (NYSE: COH) announced plans to change their corporate name to Tapestry Inc. Shares dropped 2% in early trading after the announcement that Tapestry will be the holding company that will house their Coach, Kate Spa..

According to Reuters, U.S. retailer Michael Kors Holding Ltd (NYSE: KORS) agreed to buy luxury shoemaker Jimmy Choo PLC for $1.2 billion, snapping up a British company whose towering stilettos have been made famous by celebrity customers f..