Recent Whisky Industry Articles

American Whiskey Industry Faces Uncertainty as Massive EU Tariffs Loom
10-25-2023

American Whiskey Industry Faces Uncertainty as Massive EU Tariffs Loom


The Distilled Spirits Council of the United States (DISCUS) has sounded the alarm as the European Union prepares to reinstate tariffs on American whiskey at a staggering rate of 50% on January 1, 2024. This move comes after an unsuccessful attempt to secure a long-term agreement between U.S. Presi

Chivas Brothers Gets Green Light for Expansion Plans Despite Concerns
08-28-2023

Chivas Brothers Gets Green Light for Expansion Plans Despite Concerns


Chivas Brothers, the whisky giant, has received approval from planning authorities for its ambitious expansion plans, despite some concerns regarding traffic issues and neighboring buildings affected by black mold. The expansion project involves developing an extension to an existing bonded

US Spirits Sales Drop in First Half of 2023
08-25-2023

US Spirits Sales Drop in First Half of 2023


Spirits sales in the United States have experienced a notable decline of 4.2% during the initial six months of 2023, marking a significant drop in the $100-plus spirits category, according to recent data. The Wine & Spirits Wholesalers of America (WSWA) released its SipSource Report, off

UK Rare Whisky Market Sees 4 Percent Value Decline in 2023
08-13-2023

UK Rare Whisky Market Sees 4 Percent Value Decline in 2023


In the United Kingdom, the value of rare whisky experienced a decrease of 4% during the period leading up to June 2023. This contrasts with the rise observed in other high-end assets, as indicated by the latest report from Knight Frank. The Knight Frank Luxury Investment Index (KFLII) undert

Sir Ivan Menezes - The CEO Of Diageo Passes Away
06-07-2023

Sir Ivan Menezes - The CEO Of Diageo Passes Away


Sir Ivan Menezes, the CEO of Diageo, passed away at the age of 63 following a brief illness. Earlier this week, Diageo announced the appointment of Debra Crew as interim CEO while Ivan Menezes recovered from emergency surgery for a stomach ulcer. Effective immediately, Crew assumed the r

Pernod Ricard Bows To Public Pressure And Stops All Exports to Russia
05-15-2023

Pernod Ricard Bows To Public Pressure And Stops All Exports to Russia


Pernod Ricard, the company that owns Jameson , has ceased all shipments of its worldwide brands to Russia and will discontinue sales of its complete portfolio there. The business declared in a statement posted on the Pernod Ricard website on Friday (12 May) that it would no longer distrib

Why Consumers Are Calling for a Pernod Ricard Boycott: The Reasons Behind the Backlash
04-25-2023

Why Consumers Are Calling for a Pernod Ricard Boycott: The Reasons Behind the Backlash


A decision from Pernod Ricard to continue exporting its brands to Russia has caused an outrage from whisky consumers even with last week's similar criticism from Absolut Vodka customers. The French firm confirmed this decision extends to its entire portfolio, including brands such as James

How Ending The Sale Of Peat Impacts The Whisky Landscape
02-24-2023

How Ending The Sale Of Peat Impacts The Whisky Landscape


As part of larger initiatives to safeguard peatlands and lower carbon emissions, the selling of peat will soon be prohibited in Scotland. Before examining how a larger prohibition might affect commercial users, the goal is to first outlaw the retail selling of peat for home gardening. "Pea

Plans To Increase Tax on Alcohol Scrapped
09-25-2022

Plans To Increase Tax on Alcohol Scrapped


On Friday September 23rd 2022, chancellor Kwasi Kwarteng announced that the plans to increase the duty on alcohol (spirits, beer, cider, and wine) will be canceled. This news comes as part of an overall mini-budget which is an economic policy announcement by the new prime minister Liz Truss which