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Diageo suffers duty-free slumpDiageo suffers duty-free slump
15-Sep-2006
Diageo has revealed that duty-free sales of its core liquor brands have declined sharply after hand baggage rules banning liquids were introduced at many international airports following the uncovering of an alleged terrorist plot in the UK last month
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Announcing the market leader's full-year results, Diageo finance director Nick Rose said duty-free sales were now "flat" owing to heightened security at airports, which has led to liquids being banned
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