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Originally posted by retail.economictimes.indiatimes.com – New Delhi: Chivas Brothers, a leading manufacturer of Scotch whiskey, clocked a 27 per cent growth in sales in FY23 in the Indian market led by new Scotch audiences and premiumisation of the market. India in FY23 emerged as one of the “top growing markets” value-wise for the company, said its Chairman and CEO Jean Etienne Gourgues. Chivas Brothers follows the July-June financial year.

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Originally posted by www.thisismoney.co.ukWritten by: Camilla Canocchi – Drinks giant Diageo has reported booming profits for the last year thanks to price rises and drinkers around the world turning to more expensive tipples.

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Originally posted by www.moodiedavittreport.comWritten by: Camille Bersola – Bacardi Director of Blending, Scotch Whisky Stephanie Macleod has been named the Master Blender of the Year at the International Whisky Competition (IWC) 2023 for the fifth consecutive year.

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Originally posted by www.insider.co.ukWritten by: Peter A Walker – Core revenue also up 22% to break the £1bn mark for the first time.

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Originally posted by www.thespiritsbusiness.comWritten by: Nicola Carruthers – The UK has agreed to join a trade bloc of 11 countries, which will remove the 80% tariff on whisky exports to Malaysia.

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Originally posted by www.thetimes.co.ukWritten by: Greig Cameron, Scottish Business Editor – Annual profits doubled for the owner of the Bunnahabhain single malt Scotch whisky, despite Covid restrictions during the period.

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Originally posted by www.thespiritsbusiness.comWritten by: Nicola Carruthers – The CEO of Chivas Brothers has said the forthcoming UK-India trade deal could double the size of the Scotch whisky market in five years.

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Originally Posted By www.thedrinksbusiness.com By: Eloise Feilden – In 2022, the value of Scotch whisky exports was up 37% by value to £6.2bn, despite economic headwinds, according to figures released today by the Scotch Whisky Association (SWA). 

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Originally Posted By www.nasdaq.com By: Eric Reed for SmartAsset – Whiskey isn’t just a beloved spirit and cultural institution. It can also be a profitable investment. Just like wine, the culture and market around whiskey have made it a valuable product.

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Originally Posted By www.scottishdailyexpress.co.uk By: John Glover – With the biggest changes to the UK’s alcohol duty system in 140 years expected next year, the Treasury has said there will be no changes to the current rates until August 2023 at the earliest.

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Originally Posted By www.kedglobal.com By: Kyeong-je Han – As whisky became more popular in Korea, the amount of whisky imported for 10 months until October this year increased about 62% compared to the same period last year.

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Originally Posted By www.thespiritsbusiness.com By: Nicola Carruthers – The value of rare single Scotch malt whisky increased by 21% in the first nine months of 2022, led by bottles priced between £100 and £1,000, according to a new report.

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Originally Posted By www.bbc.co.uk By: Magnus Bennett, BBC Scotland News – Having launched a social media campaign in 2018 to challenge “stereotypical perceptions” around who makes and drinks whisky, she has created a non-profit organisation called OurWhisky Foundation to “support and empower” women in the industry.

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Originally Posted By www.telegraphindia.com By: Jenny Gross – Volume of exports from Britain has grown over past two years, including a 10.5 per cent increase during 12 months ending in July.

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Originally Posted By www.gov.uk Image credit: carloscastilla – At a visit to Glenkinchie Distillery, Trade Secretary Kemi Badenoch has today [13 October] announced that the UK has unlocked markets over £100 million for UK alcohol companies.

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Originally Posted By www.edinburghnews.scotsman.comImage credit © Andrew Milligan/PA – Already Scotland has won the most foreign direct investment of any part of the UK outside London.

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Such a high level of sustained growth meant that the rare whisky market out-performed precious gems, vintage cars, premier cru wines, fine art and stock markets.

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New research has shown that during the current economic climate, many Brits have lost trust in several traditional means of investment.

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Originally Posted By www.ft.comImage credit © Jeremy Sutton-Hibbert – Private collector in Asia buys single malt from 1975 for more than its Ardbeg distillery was sold for.

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Originally Posted By www.express.co.uk – A TRADE deal with India could “work wonders” for Scottish trade if Boris Johnson is able to scrap tariffs, say industry experts.

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Originally Posted By www.pressandjournal.co.uk – A cask of Macallan whisky from 1988, which was forgotten about by its owner for almost 34 years, has smashed the world record after its price hit £915,500.

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Originally Posted By www.scotch-whisky.org.uk – Canada is the 12th largest market for Scotch Whisky – and is growing.

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It is fair to say that with a new tax year end just around the corner the last two years have, for many, been rather challenging.

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Originally Posted By www.pressandjournal.co.uk – Drink giant Diageo today (January 27) reported a storming first half for its Scotch whiskies, with global “organic” net sales up 27% year-on-year.

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Originally Posted By www.independent.co.uk – The end of US tariffs and reduced impacts from the pandemic saw the industry rebound.

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Originally Posted By www.bbc.co.uk – India is on course to become the third largest economy in the world by 2050, and the government hopes UK-India trade will double over the course of this decade.

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Originally Posted By www.news.stv.tv – It is estimated that cutting the tariff could see exports of Scotch whisky to India grow by around £1bn.

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Scotland’s national drink, with Scotland’s national dish to toast probably the world’s most celebrated poet.

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Originally Posted By www.scotch-whisky.org.uk – The SWA has welcomed the launch of trade talks between the UK and India. .

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Originally Posted By www.galleonnews.com – The Scotch Whisky Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026).

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Originally Posted By www.moneyweek.com – Youngsters and Asians are developing a taste for firewater. Chris Carter reports.

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Originally Posted By www.dailyrecord.co.uk – Experts have warned Brexit, the pandemic and soaring demand have resulted in a ‘perfect storm’ hitting Scotland’s prized £5billion dram export market.

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Originally Posted By www.thedrinksbusiness.com – The Highland Council has received an application for a new site on the Dornoch Firth, close to where whisky was first produced more than 200 years ago.

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Originally Posted By www.pressandjournal.co.uk – The first bottle of the world’s oldest single malt Scotch will be auctioned off to provide a windfall for a charity’s mission to rewild the Caledonian forest.

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Originally Posted By NewsNation USA – The value of Scotch whisky exports was up by a third in the first half of 2021, as the industry starts to recover from the impact of Covid-19 and US tariffs.

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Originally Posted By https://www.heraldscotland.com – SCOTCH whisky exports have shown signs of recovery from the impact of Covid-19 and costly tariffs in the US, the biggest overseas market for Scotland’s national drink.

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The first 21 years of the 21st century have certainly been ones of fast-moving technological innovation.

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Originally Posted By www.thenational.scot -DISTILLERIES of all sizes should combine renewable energy with some form of heat or electrical energy storage, according to a new Scottish study.

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Our business is whisky. Scotch malt whisky. This means we deal in pure water, barley and then the magical alchemy which takes place in the copper stills.

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Originally Posted By insider.co.uk – International Trade Secretary calls on Scottish businesses to engage with her department over current and future trade deals.

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Originally Posted By Herald Scotland – The Scotch whisky industry has this morning welcomed a five-year suspension of US import tariffs on single malt.

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Originally Posted By Largs & Millport News – Legal protection of Scottish whisky would be “a real boost” if included in the final details of the newly-announced UK-Australian free trade deal, an industry body has said.

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Originally Posted By Herald Scotland – SPEYSIDE’S GlenAllachie Distillery has released its “oldest and most prestigious” ever dram.

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Originally Posted By Value The Markets – If you’ve ever asked yourself what an alternative investment is and why it’s different from other investments, then we’ve got all the information you need.

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Originally Posted By The Herald – SCOTCH whisky distiller Distell has announced a new master distiller as it unveiled details of its forthcoming whisky festival, writes Scott Wright.

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Originally Posted By Mirage News – The UK and Viet Nam have a strong and growing bilateral trade relationship and share a strategic commitment to global trade, the free flow of capital and investments.

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Originally Posted By Scottish Construction Now – A green energy scheme that was refused funding by the Scottish National Investment Bank (SNIB) a few weeks ago has secured funding from London-based AMP Clean Energy, one of Europe’s top infrastructure investment groups.

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Originally Posted By Press & Journal – Distilleries across Scotland are being offered a share of nearly £9 million to help them turn green. Photo Credit: The Press & Journal

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Originally Posted By The BBC – The US has agreed to suspend tariffs on UK goods including single malt whiskies that were imposed in retaliation over subsidies to the aircraft maker Airbus.

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Originally Posted By The Sentinel Newspaper – The study throws light on the Malt Whisky market mainly focusing on the growth factors and even the restraining factors. The restraining factors are also provided with the best solutions which also prove to be a counteract to the drawback and help increase the market demand.

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Peat: a compact, brownish deposit of partially decomposed vegetable matter saturated with water: found in uplands and bogs and used as a fuel (when dried) and as a fertiliser.

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There comes a time in the life of everyone who has developed an appreciation of malt whisky when you feel the need to discover exactly how that aromatic, deeply satisfying and complex spirit is produced.

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Originally Posted By Toby Walne, Financial Mail on Sunday – Investors could warm up their portfolios with a wee dram – as rare Scotch prices soar on the back of the Brexit deal.

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Originally Posted By Inside Hook – Rare spirits continue to break auction records. And for good reasons.

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Originally Posted By Inside Hook – Rare spirits continue to break auction records. And for good reasons.

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Originally Posted By Strathspey Herald – The second half of one devoted whisky lover’s ‘perfect collection’ will go under the hammer next month in a sale that is set to go down in whisky history.

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Originally Posted By Bloomberg – Whisky, music and the great outdoors are just some of the other ways to put your money to work.

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Originally Posted By www.nwemail.co.uk – THE WHISKY industry will be given £10m Government funding to go green.

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There is nothing unusual about distilleries shutting down operations for a while.

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Originally Posted By https://www.singsaver.com.sg – The COVID-19 pandemic and resulting economic crisis are stark reminders that a diversified portfolio is key for growth

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Originally Posted By https://dailybusinessgroup.co.uk – Britain today dramatically announced it was suspending EU tariffs on US products in an attempt to persuade Washington to drop damaging duties on single malt scotch whisky.

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Originally Posted By https://cheshire.media – Whisky Market analysis is provided for the Global market including development trends by regions, competitive analysis of Whisky market. Whisky Industry report focuses on the major drivers and restraints for the key players.

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*Featuring The Macallan 78 Years Old, the Oldest Aged Whisky Ever to be Sold at Auction* *Proceeds to be Donated to Food Charity, City…

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My job interview with a top London public relations consultancy was almost at an end. How should I reply? Tell the truth. They’ll find out soon enough anyway. ‘That’s good,’ came the response, ‘because one of the clients you’ll be working on is Glenmorangie whisky.’

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Originally Posted By https://thewhiskeywash.com – Did you know that whiskey can be more than just your favorite beverage? Besides winding down with a glass at the end of the day, this dark and delicious drink might actually belong in your investment portfolio as well.

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