Profit at The Macallan whisky owner slashed as sales slide Retail Profit at Edrington, the owner of whisky label The Macallan, slumped by more than a quarter during its latest financial year as its sales slid, new figures have revealed. The Glasgow-headquartered group, whose brands also include Highland Park and Glenrothes, has posted a pre-tax profit of £274.4m for the year to 31 March, 2025. The latest [...]
Whisky Business: Commando Spirit’s unique brand Whisky Whisky Business: City AM’s monthly look at the world of whisky. A handful of big-name brands dominate the world of whisky, but there’s a growing number of smaller, artisan whisky brands carving out niches in the market. One of these is Commando Spirit, the brainchild of retired Royal Marines Brigadier Rory Copinger-Symes CBE. Commando Spirit is [...]
Glengoyne whisky maker suffers worst decline in decades as demand falls Business Profit at the group behind spirts such as Glengoyne whisky and Edinburgh Gin has been slashed in half as it suffered the largest decline “in decades”. Edinburgh-headquartered Ian McLeod Distillers has posted a pre-tax profit of £15.6m for the year to 30 September, 2024. The total comes after the business achieved a pre-tax profit of £33.8m [...]
Whisky Business: The Dalmore Luminary concludes with Apple-inspired third edition June 10, 2025 Whisky Business: City AM’s monthly look at the world of whisky. Dalmore launched its Luminary Series in 2022 and has just released its third and final Edition. Created in partnership with V&A Dundee, Scotland’s design museum, the series set out to showcase the best of design and Scotch whisky from around the world. Launched in 2022, [...]
Whisky Business: Where to blend your own whisky this Father’s Day June 10, 2025 Whisky Business: City AM’s monthly look at the world of whisky. Unlike other spirits, such as gin, the process of creating whisky can take years or even decades, so it’s virtually impossible for whisky fans to create their own version at home. But a handful of distilleries have crafted blend experiences for whisky lovers. to create [...]
The Whisky Exchange appoints new managing director June 10, 2025 The Whisky Exchange has announced the appointment of Natalie Tennent as managing director after a successful integration of the business into Pernot Ricard. Tennant, who has 30 years of experience with wine and spirits merchant Berry Bros, will move into the role on July 7. She will take over the role from deputy managing director [...]
New regions take the whisky world by storm May 22, 2025 Whisky Business: City AM’s monthly look at the world of whisky. World Whisky Day, on 17th May, has taken on a new importance in recent years. Indeed, the most exciting trend in whisky right now is the sudden proliferation of whisky coming from outside the traditional markets. It wasn’t too long ago that drinkers would be [...]
That Boutique-y Whisky Company adds three new world whiskeys May 21, 2025 That Boutique-y Whisky Company has expanded its permanent Core Range with the launch of three new world whiskeys: an English Rye aged eight years, a 10-year-old Kentucky Bourbon, and a 21-year-old Irish Whiskey. Founded in 2012, That Boutique-y Whisky Company is a UK-based independent bottler that has earned a reputation for small-batch releases adorned with [...]
10 Things You Need to Know Before Investing in Your First Whisky Cask April 30, 2025 The whisky cask market has experienced significant growth over the past decade, quietlyoutperforming other luxury assets, such as fine wine and vintage cars. With Scotch whisky exports reaching £5.4bn in 2024, showing a steady increase of around 36.7per cent over the last decade, the long-term outlook for cask whisky remains strong, providedinvestors know what to [...]
Diageo looks to luxury to drive growth April 22, 2025 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 [...]