Diageo: Scotch Sales to Grow 8% Annually

Alcohol sales are expected to hold up despite worsening times for average consumers, the Associated Press reports.

Diageo, owner of Johnny Walker and other brands, said it expects growth of 8 percent to 9 percent, thanks to growing demand in Asia and Latin America where it is considered a status symbol.

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~ by whisky1 on August 14, 2008.

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