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.
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 [...]
Scotch Malt Whisky Society owner slashes guidance as whisky market slows The owner of The Scotch Malt Whisky Society (SMWS) has issued a profit warning as it is hit by slow demand in China.
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 [...]
Dead Man’s Fingers maker cuts over 500 jobs and enters the red after cyber attack hits sales February 16, 2024 The maker of Crabbie's Ginger Beer and Dead Man's Fingers spiced rum shed more than 500 jobs and entered the red after its sales were hit by a cyber attack, it has been revealed.
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
A toast to a famous Ukraine Eurovision win – with vodka of course May 20, 2022 Ukraine’s triumph at last weekend’s Eurovision Song Contest came as a surprise to no-one. The competition’s traditional regional, ethnic, and political voting blocs were abandoned, as voters from across the continent delivered their overwhelming support to the embattled people of Ukraine, and while the folk-rap number Stefania, by Kalush Orchestra, may not have won strictly [...]
How lockdown turned Britain into a nation of fudge makers June 9, 2021 Fudge may be an American invention but fudge-making has become a national pastime in the UK, with amateur confectioners turning professional and kitchen table hobbyists starting successful businesses. The most important day on every fudge-maker’s calendar is June 16 – National Fudge Day – when a little extra sweetness is spread across the country. Fudge [...]