No Result
View All Result
China Secrets Revealed
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock
No Result
View All Result
China Secrets Revealed
No Result
View All Result
Home Economy

Diddy and Diageo part ways in settlement of racism accusations

by
January 17, 2024
in Economy
0
Diddy and Diageo part ways in settlement of racism accusations

Sean “Diddy” Combs and Diageo said Tuesday they have cut ties and settled the music mogul’s accusations that the spirits giant neglected vodka and tequila brands he promoted or co-owned.

In a joint statement, the London-based company and Combs said they “have now agreed to resolve all disputes between them. Mr. Combs has withdrawn all of his allegations about Diageo and will voluntarily dismiss his lawsuits against Diageo with prejudice.”

Diageo and Combs added that they have “no ongoing business relationship, either with respect to Cîroc vodka or DeLeón tequila, which Diageo now solely owns.”

The sides settled a lawsuit filed last year in New York Supreme Court in Manhattan, where Combs alleged racial discrimination by Diageo and said the company neglected Cîroc vodka and DeLeón tequila. Combs’ lawyers accused the company of marketing the spirits as “urban” brands.

The suit sparked a monthslong dispute between Diageo and Combs.

In November, Diageo filed a letter aiming to prevent Combs from appearing in DeLeon tequila ads after the singer Cassie accused him of rape and abuse. Cassie and Combs settled the singer’s lawsuit that month, only a day after she filed it.

Combs Wines and Spirits and Diageo first partnered in 2007 to promote Cîroc. They later teamed up to jointly purchase DeLeón in 2013.

Diageo, one of the largest spirits companies in the world with a nearly $80 billion market value, owns more than 200 brands such as Don Julio and Johnnie Walker.

This post appeared first on NBC NEWS
Previous Post

House Rules panel pauses consideration of Hunter Biden contempt amid negotiations for new deposition date

Next Post

Hunter Biden’s gun pouch had cocaine residue on it, prosecutors say

Next Post
Hunter Biden’s gun pouch had cocaine residue on it, prosecutors say

Hunter Biden’s gun pouch had cocaine residue on it, prosecutors say

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Republicans urge Trump to follow through on his plan to dismantle Iran’s nuclear capabilities

Republicans urge Trump to follow through on his plan to dismantle Iran’s nuclear capabilities

0
TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit?

TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit?

0
Google’s antitrust ruling draws parallels to Microsoft’s 25-year-old case: Here’s how

Google’s antitrust ruling draws parallels to Microsoft’s 25-year-old case: Here’s how

0
In 2023, Colorado Lawmakers Pushed Back on Cops Practicing Pain Medicine Based on Flawed CDC Guideline

In 2023, Colorado Lawmakers Pushed Back on Cops Practicing Pain Medicine Based on Flawed CDC Guideline

0
Republicans urge Trump to follow through on his plan to dismantle Iran’s nuclear capabilities

Republicans urge Trump to follow through on his plan to dismantle Iran’s nuclear capabilities

May 14, 2025
From Dog Leashes to Potty Breaks: Are We All Unwitting Criminals?

From Dog Leashes to Potty Breaks: Are We All Unwitting Criminals?

May 14, 2025
Key Biden agency dropped $60K on overseas conference with DEI workshop: ‘Should never happen’

Key Biden agency dropped $60K on overseas conference with DEI workshop: ‘Should never happen’

May 14, 2025
‘DOGE caucus is dead,’ House Democrat declares

‘DOGE caucus is dead,’ House Democrat declares

May 14, 2025

Recent News

Republicans urge Trump to follow through on his plan to dismantle Iran’s nuclear capabilities

Republicans urge Trump to follow through on his plan to dismantle Iran’s nuclear capabilities

May 14, 2025
From Dog Leashes to Potty Breaks: Are We All Unwitting Criminals?

From Dog Leashes to Potty Breaks: Are We All Unwitting Criminals?

May 14, 2025
Key Biden agency dropped $60K on overseas conference with DEI workshop: ‘Should never happen’

Key Biden agency dropped $60K on overseas conference with DEI workshop: ‘Should never happen’

May 14, 2025
‘DOGE caucus is dead,’ House Democrat declares

‘DOGE caucus is dead,’ House Democrat declares

May 14, 2025

Disclaimer: ChinaSecretsRevealed.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 ChinaSecretsRevealed. All Rights Reserved.

No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock

Copyright © 2024 ChinaSecretsRevealed. All Rights Reserved.