September 1, 2006

Guinness Sales Drop in Ireland

rightWe remember an old joke an Irishman told us when we were but wee lads:

Q: Why did the English invent Guinness?
A: To keep the Irish from taking over the world.

We're not sure how much truth there is in that, but it looks like we might be in for an Irish takeover soon. Diageo, owner of Guinness, has reported that sales of the black, frothy nectar of the gods...errr, beer...have taken a precipitous drop in Ireland. According to the BBC News, "the Diageo results statement said challenges in the Irish beer market had 'adversely impacted' on growth in Europe, with Guinness sales in Ireland down 3% over the year."

Diageo states they have no intention of selling Guinness and overall sales are actually up thanks to strong performance in the UK, US and Canada. At least that makes us feel better - those poor shareholders won't have to worry about selling their yachts anytime soon. But it brings to mind one question - what the hell are the Irish drinking now?

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Posted by Jake Jamieson at September 1, 2006 3:18 PM
Recent Comments

It doesn't surprise me sales are down. Since our British cousins Parliament banned smoking in all pubs and places where people gather this had to have additional reactions. Guess this is one of them. Can anyone spell "speak easy"?

Posted by: Theodore at September 4, 2006 1:14 AM

Did you hear the one about the Irishman leaving the bar?


(neither have I)

Posted by: Nathan Knuckles at September 1, 2006 5:20 PM

one reason could be that you can't smoke in bars in Ireland anymore (which I think started about a year or so ago)

Posted by: tim at September 1, 2006 4:24 PM
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