Diageo looks to luxury to drive growth Retail The past three years have been challenging for the global alcohol giant Diageo. The group booked a windfall during the pandemic years as stuck-at-home consumers splashed out on high-end alcohol to drown their sorrows, but this explosive growth soon evaporated. Diageo, best known for its Guinness and Johnnie Walker scotch whisky brands, struggled against the [...]
Last Drop Distillers launches its 2025 ultra-aged whisky collection Whisky This week, The Last Drop Distillers unveiled its 2025 Collection of three ultra-aged whiskies from America, Scotland, and Japan. Founded in 2008 by industry veterans Tom Jago and James Espey, The Last Drop has carved out a niche in the ultra-premium spirits world by hunting down forgotten barrels and long-overlooked casks from storied distilleries. With [...]
Japanese Whisky: A celebration of Japan’s culture Whisky Whisky Business: City AM’s monthly look at the world of whisky. April 1st marked Japanese Whisky Day, the annual event designed to celebrate and showcase Japanese whisky. While the drink has gained recognition in recent years, it’s still fighting for a place on the shelf alongside Scotch, Irish and Bourbon. It might come as a surprise, [...]
The award-winning Lakes Distillery launches its Signature whisky March 27, 2025 Over the past five years, English whisky has emerged as one of the most exciting categories in the drinks business. Whiskies from distilleries across the country have been scooping up awards, with no fewer than five English single malts picking up a Gold Award at this year’s World Whiskies Awards (26th March). The Lakes Distillery [...]
Whisk(e)y Business: The Irish Whiskey renaissance March 14, 2025 Whisky Business: City AM’s monthly look at the world of whisky. Today, Scotland is the world’s go-to destination for whisky, but back in the 19th century, Irish whisky (the ‘e’ in Irish whiskey wasn’t universal until the latter half of the 1990s), not Scotch, dominated the global market. By the late 1800s, Irish distillers had the [...]
Whisky Business: The Glenlivet’s oldest permanent expression to date February 14, 2025 Whisky Business: City AM’s monthly look at the world of whisky. The key to whisky’s unique flavour is patience, but for producers, there will always be a trade-off between patience and profit. While the process of distilling whisky only takes a few days, Scotch whisky must be matured for a minimum of three years, a significant [...]
Whisky Business: Lessons from 150 years in the Whisky trade January 16, 2025 Whisky Business: City AM’s monthly look at the world of whisky. Robert Graham 1874 is one of the UK’s oldest whisky and tobacco merchants. Founded in 1874 by Glasgow’s former city treasurer, Robert Graham, the company has grown steadily over the years, branching out in 2002 with its own exclusive award-winning range of whiskies. “Our [...]
Whisky Business: Johnson Reserve’s record-breaking release December 12, 2024 Whisky Business: City AM’s monthly look at the world of whisky. Whisky has become one of the hottest assets in the world over the past decade, but as the financial returns have stacked up for investors, quality has, in some cases, fallen by the wayside. Crafting a memorable whisky takes skill and effort, more so [...]
Whisky Business: Scotch Whisky exports take a hit November 14, 2024 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 [...]