News
North British Distillery with £ 2.5 million support
Edinburgh-based North British Distillery has received £ 2.5 million in funding from Scottish Enterprise, a Scottish development agency, to modernize its production processes. The grant is part of a broader economic development plan created by the agency. Scottish Enterprise is committed to...
The oldest single malt whisky in the world
This year, 80-year-old single malt Scotch whisky will be available for sale. Bottled by the Gordon & MacPhail company, the whisky comes from the Glenlivet distillery and will be the oldest Scotch single malts to ever hit the market. Gordon & MacPhail Generations 80YO was distilled and...
US tariffs for Scotch whisky exports suspended for 5 years
On June 17, the truce between the United Kingdom and the United States was confirmed. The custom tafiffs for the exports of Scotch whisky to USA are suspended for a 5 years. After a four-month tariff suspension in March, it looks like Scotch whisky producers may expect much better access to...
Increase in sales of the Rémy Cointreau portfolio
French group Rémy Cointreau, owner of Scotch whisky Bruichladdich, in the latest report informs about an increase in sales by approx. 2% in the last reporting year (from April 2020 to March 2021) to the level of over EUR 1 billion. The group's operating profit amounted to EUR 236 million, an...
Global alcohol sales recover from the pandemic
According to the latest IWSR Drinks Market Analysis data, the global alcoholic beverages market is showing "signs of recovery" following the COVID-19 pandemic. The unprecedented epidemiological situation in the world caused a decrease in alcohol sales by 6.2% globally. The IWSR predicts that by...