Diageo Lowers Sales Forecast on Slowdown in India, Travel Retail.

Diageo Plc, the world's largest distiller, cut its outlook for full-year sales growth amid weakness in key markets including India and travel retail as countries start restricting flights due to the spread of the coronavirus. The outbreak of the coronavirus in China is set to erode sales in a key market, where Diageo owns the Shui Jing Fang baijiu brand and has opened retail outlets for its Johnnie Walker Scotch whisky. [Extracted from the article]

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