Spirits producer Belvédére has revealed it cut its marketing budget by €6.5m and its workforce by around 500 people to help save money in the face of falling value sales.
Scotch producer The Macallan is to host a series of classical concerts in Hong Kong next month with its “Bravo!” series that celebrates the world of whisky and music.
A total of 32 tax increases across EU countries in the past two years have encouraged the black market to flourish, a spirits trade body has claimed.
This month’s top releases include a Champagne tankard designed by Pol Roger, honey-flavoured Cognac and a 48-year-old blended Scotch.
Scotland’s “first” single estate Scotch whisky distillery, Ballindalloch, has been officially opened by the Prince of Wales and the Duchess of Cornwall.
Diageo has fallen below analysts’ revenue estimates in every region this quarter, as overall sales dropped unexpectedly.
Bernard Walsh, founder of Irish whiskey brand Walsh Whiskey, has claimed that if he had set up his company in Scotland he would have got “five times as much government support” than he does in Ireland.
Bacardi has confirmed it has acquired a minority stake in independent Scotch whisky producer Compass Box – two days after entering the Bourbon market.
Last year saw the value of Scotch whisky exports drop by up to 39% in half of its 20 top markets, contributing to an overall 7% decline in 2014.
The Glenlivet has launched its new permanent expression Founder’s Reserve in the UK, after first being unveiled in October last year.
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