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Bacardi

  • Bacardi: Martini maker shaken as UK drinkers move away from spirits

    Retail

    UK drinkers ditching spirits in favour of wine, beer and non-alcoholic drinks has hit the sales of Bacardi, it has been revealed. The division of the Bermuda-headquartered drinks giant has said its performance has also been impacted by “a combination of post-Covid challenges, ongoing global conflicts and a tough economic environment marked by rising living [...]

    Bacardi has counted the cost of UK drinkers moving away from spirits. (Photo by Scott Olson/Getty Images)
  • Whisky Business: Scotch Whisky exports take a hit

    Whisky

    City AM’s monthly look at trends in the world of Scotch Whisky. Scotch Whisky is one of the UK’s most successful sectors, but it’s facing increasing headwinds from challenges both at home and overseas. According to the Scotch Whisky Association (SWA), the value of Scotch exports topped £5.6bn in 2023, supporting 66,000 jobs across the [...]

    Workers fill casks that will be stored at the distillery for a minimum of three years before the product can be called Scotch Whisky at the whisky Annandale Distillery, in Annan, in Dumfries and Galloway, in Scotland. (Photo by Andy Buchanan / AFP) (Photo by ANDY BUCHANAN/AFP via Getty Images)

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