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India signs $100bn free trade deal with four European nations
Originally posted by www.bbc.co.uk – India has signed a free-trade agreement (FTA) with a group of four European countries that are not members of the European Union.
Houses of Parliament: UK – India Trade Deal – Whisky Roundtable Discussions
Privileged to be invited back for another round of talks at ‘The Houses of Parliament’ regarding how the ‘UK – India Trade Deal’ will impact the global whisky market.
Pernod Ricard’s shares rise on hopes of growth recovery
Originally posted by www.reuters.com – Pernod Ricard’s (PERP.PA), shares rose over 6% on Thursday as the French spirits maker left its longer-term growth ambitions intact, even as it cut its full-year sales estimate and its share buyback programme.
Scotch whisky industry now contributes £7.1bn to UK economy
Originally posted by www.bbc.co.uk – A rare bottle of whisky has been sold for $2.7m (£2.1m) – breaking the record for the most expensive wine or spirit sold at auction.
Macallan: Rare Scotch whisky becomes world’s most expensive bottle at £2.1m
Originally posted by www.bbc.co.uk – A rare bottle of whisky has been sold for $2.7m (£2.1m) – breaking the record for the most expensive wine or spirit sold at auction.
Chivas Brothers targets India’s Whisky boom with premium global brands
Originally posted by www.thehindubusinessline.com – India with its growing whiskey consumer base can potentially be the largest market for Chivas Brothers.
Pernod to build Islay whisky distillery
Originally posted by www.thespiritsbusiness.com – Chivas Brothers, the Scotch whisky arm of Pernod Ricard, has revealed plans to open its first distillery on Islay.
Scotch maker Chivas Brother reports 27% growth in India in FY23
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.
Diageo profits jump on price hikes and premium whisky demand
Originally posted by www.thisismoney.co.uk – Written 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.
Bacardi’s Stephanie Macleod captures ‘Master Blender of the Year’ title at International Whisky Competition 2023
Originally posted by www.moodiedavittreport.com – Written 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.
Edrington reports 43% rise in profits
Originally posted by www.insider.co.uk – Written by: Peter A Walker – Core revenue also up 22% to break the £1bn mark for the first time.
UK-CPTPP deal to axe 80% whisky tariff
Originally posted by www.thespiritsbusiness.com – Written 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.