Scotch Malt Whisky Society owner hit by China downturn Retail Scotch whiskey business Artisanal Spirits Company said it was “disappointed” in its growth for the year to December.
Artisanal Spirits Co. toasts batch of award-winning Scotch whisky retail Scotch whisky firm Artisanal Spirits Company has notched up over 45 awards in the past calendar year, including some of the industry's most prestigious gongs, taking its total number of wins across its whisky and spirits brand since 2018 to 368.
Scotch maker Artisanal Spirits snaps up US whiskey brand as it plots expansion Cheers to that Premium whiskey maker, the Artisanal Spirits Company, has snapped up a US alcohol brand as it looks to grow its presence in America. The London-listed firm told markets this morning it entered into an agreement to acquire US based Single Cask Nation. Artisanal Spirits Company is best known for its Scotch Malt Whisky Society, a [...]
South Korean appetite for single malt whisky keeps Scotch maker Artisanal Spirits on track September 10, 2024 A growing appetite for single malt whisky in South Korea and Taiwan has helped British maker Artisanal Spirits Company go against the grain amid a slump in demand, according to its latest results. The company, which is headquartered in Edinburgh, cut its pre-tax loss to £3.1m in the six months ending June 30, 2024, from [...]
Scotch Malt Whisky Society owner slashes guidance as whisky market slows December 8, 2023 The owner of The Scotch Malt Whisky Society (SMWS) has issued a profit warning as it is hit by slow demand in China.
Artisanal Spirits: Whisky specialist reports strong growth despite China slowdown July 18, 2024 The Edinburgh-based brand reported that earnings before interest, tax, amortization and depreciation (EBITDA) increased by £1m year on year.
Scotch Whisky sector demands support amid export slump September 12, 2024 The Scotch Whisky Association has called on the government to provide additional support to the industry following a slump in exports. The Scotch Whisky industry is a major contributor to the UK economy. The Scottish Whisky Association (SWA) states that the industry is worth £7.1bn annually and supports 66,000 jobs across the UK, mainly in [...]
A happy Burns week for whisky producer with new boss to build on growth January 24, 2023 Leading whisky producer The Artisanal Spirits Company has announced a shake-up in management as the company reports strong growth in 2022. Among the changes is managing director David Ridley, who is stepping down from his role after six years of constant revenue growth. Taking over the CEO position is Andrew Dane, who joined the company [...]
Scotch Malt Whisky Society owners enjoy sales growth despite Brexit export issues July 19, 2021 The Artisanal Spirits Company, the owner of The Scotch Malt Whisky Society, has enjoyed a 28 per cent lift to online sales in the UK despite minor membership growth. Despite last year’s lockdown spurring on drinking habits, the spirits company pulled in £1.7m in the six months to 30 June, in comparison to £1.3m during [...]
Scotch Malt Whisky Society owners set to list on AIM on Friday June 3, 2021 The Artisanal Spirits Company will list on London’s alternative market tomorrow, with CEO David Ridley telling City A.M. he is “excited” to finally see years of work come to fruition. The owners of the Scotch Malt Whisky Society (SMWS) are expecting a market capitalisation of around £78m. The society offers curated single malt whiskies for [...]