More jobs lost at Dead Man’s Fingers maker as sales fall Business More jobs have been lost at the company behind Crabbie’s Ginger Beer and Dead Man’s Fingers spiced rum as sales fell and it remained in the red. Halewood Artisanal Spirts, whose brands also include Whitley Neill Gin, Liverpool Gin and Samuel Gelton’s Irish whiskey, cut its headcount from 472 to 390 in the 12 months [...]
Echo Falls and Lambrini owner loses over £100m as alcohol duty hikes bite Retail The owner of Echo Falls and Lambrini has slumped to a loss of more than £100m as the cost-of-living crisis and alcohol duty hike significantly impacted its finances. The UK arm of Accolade Wines, whose brands also include Hardys and Kumala, has reported a pre-tax loss of £103.8m for the 12 months to 30 June, [...]
Will rising costs kill off Savile Row’s renaissance? Retail On a Wednesday morning earlier this month, there was plenty of activity on the shop floor at the Georgian townhouse that plays home to Richard James’ bespoke suit-making. One staff member is on the phone discussing colours and time frames, another getting a glass of water for a customer in the changing room, and smartly [...]
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 [...]
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 [...]
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.
Artisanal Spirits Co. toasts batch of award-winning Scotch whisky June 25, 2024 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.
How the Rolex Laureate is helping to end fast fashion June 11, 2024 We delve into the efforts of Rolex to protect the planet through its Awards for Enterprise scheme and its Perpetual Planet initiative.
Cinco de Mayo: Raise a glass with a fine tequila or mezcal April 30, 2024 If you’re planning to raise a glass this Cinco de Mayo, here are some delicious and varied options that you might want to try
Scotch Malt Whisky Society owner hit by China downturn March 27, 2024 Scotch whiskey business Artisanal Spirits Company said it was “disappointed” in its growth for the year to December.