The Lakes Distillery: Profit slumps at Nyetimber’s whisky brand Whisky Nyetimber, the English sparkling wine producer, paid £71m to acquire The Lakes Distillery in 2024 as part of its goal to create a UK-based luxury drinks brand. But just two years on, and it’s starting to look as if Nyetimber, led by CEO Eric Heerema, may be suffering buyer’s remorse. Paul Carrie (who previously co-founded [...]
Scotch whisky sales are falling, but what’s really behind the decline? Whisky Whisky Business, City AM’s whisky supplement. The Scotch whisky sector and indeed the wider spirits market have faced a challenging six months, marked by a wave of negative headlines that have painted a bleak picture of the industry’s health. At the beginning of the year, data from restructuring firm BTG warned nearly one in five of [...]
The Lakes Distillery launches a new limited-release single malt Whisky The Lakes Distillery has earned a reputation for award-winning, exceptional English whiskies, taking home four gold medals for its Galáxia, Isadora, and Decadence expressions, as well as The One Fine Blended Whisky in 2024. In 2025, the distillery built on this record with the launch of its first permanent style of sherry-led whisky, Signature. It [...]