Artisanal Spirits Company, owner of The Scotch Malt Whisky Society, a global association of Scotch single malt whisky lovers, associating over 28,000 members worldwide, considers going public after sales surge in 2020. The group reported very strong results for the previous year and is currently...
The wine and spirits sector of the French concern LVMH recorded a significant increase in sales in the first quarter of 2021. Organic revenues during this period increased by 36%, reaching over EUR 1.5 mln. Compared to the same period in 2019, organic revenue grew by 17%. This means that the...
After Brexit, one of the key tasks of the British administration is supporting its’ most important industries, such as Scotch whisky. The United Kingdom is negotiating a free trade agreement with India, the third largest Scotch whisky export market by volume, to cut 150% customs duty on Scotch...
As reported by IWSR, changing market forces are encouraging whisky producers to change the way they brand or advertise their products. Increased demand from a rising middle class in markets such as India and China is straining the supply of high-aged whisky. This is a factor prompting producers...
Beam Suntory, the owner of the Ardmore, Auchentoshan, Laphroaig, Bowmore and Teacher's Scotch whisky brands, will invest £6 million in the renovation of Glen Garioch Distillery, which will restore traditional production processes and introduce modern technology. The basis of the restoration will...