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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.
‘Whisky must no longer be a man’s world’
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.
Whisky exports soar as UK economy stumbles
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.
Trade wins unlock markets worth over £100 million for UK alcohol companies – with more to come
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.
A million bottles of whisky set to sail from Scotland to Far East after game-changing new trade route opens up – Angus Robertson MSP
Originally Posted By www.edinburghnews.scotsman.com – Image credit © Andrew Milligan/PA – Already Scotland has won the most foreign direct investment of any part of the UK outside London.
Best-performing collectible asset of the previous decade
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.