News
Rebound in spirits sales in global Travel Retail sector
According to data from IWSR Drinks Market Analysis and M1nd-set, the volume sales of spirits in the Travel Retail sector (GTR) decreased by over 70% in 2020, and a full recovery is expected in 2022. At the same time, experts predict that spirit sales in GTR in the Asia-Pacific region will return...
SWA summarizes the industry's sustainability efforts
The latest figures published by the Scotch Whisky Association show that the Scotch whisky industry has reduced greenhouse gas emissions by more than 50% since 2008. The SWA also reports that nearly 40% of all energy used to produce whisky in Scotland comes from non-fossil fuels, while in in 2018,...
Sales results of French alcohol companies
Several of the largest alcohol companies have published their sales figures. French companies LVMH, Rémy Cointreau and Pernod Ricard talk about increases in the reported periods, in line with a rebound and high demand in the European, American and Chinese markets. LVMH Louis Vuitton Moët Hennessy...
Impact of the pandemic on the supply chain in Scotch whisky industry
The COVID-19 pandemic is still posing a number of challenges to the global economy. The Scotch whisky industry suffered serious sales damage as global restrictions and lockdowns prevented the spirit from being sold through major sales channels - hospitality and Travel Retail. The industry was...
Climate change could affect Scotch whisky prices
According to a report by scientists from University College London (UCL) commissioned by Glengoyne distillery, climate change could significantly reduce or even stop whisky production in some Scottish distilleries in the next 60 years. According to the researchers, the heat and drought that can...