UK: Whisky distillery winding down production
Scotland will soon see another whisky distillery close, when the Macadam distillery in Angus, begins to wind down its production this week.In the past 20 years the industry has seen more than 12,000 job losses and some 18 months ago the whisky business hit upon hard times with a slump in three export markets.Deemed as "uncool" in the UK and US, whisky is growing in popularity in the trendy bars and clubs in southern European countries, and overall malts are doing better than blends and luxury brands.But, with exports amounting to more than £2 billion annually, whisky is still one of the most important industries in Scotland and Alan Gray of Charterhouse Securities believes exports and production should begin to rise, by 1.5% next year.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Can Bacardi take its rum back to the party?
- What Trans-Pacific Partnership means for drinks
- AB InBev, SABMiller - Here's what'll happen next
- Japan and the global soft drinks race
- ABInBev on the verge of SABMiller buy? - Comment
- A-B InBev raises SABMiller offer to GBP70.5bn
- Carlsberg UK chief James Lousada quits
- Brito gives call to arms to SABMiller shareholders
- Beam Suntory CMO to stand down
- Ketel One co-owner now Bols' largest shareholder
- The IWSR Duty Free/Travel Retail Summary Report 2015
- Future growth opportunities for global spirits
- Global gin insights - market data, product innovation and consumer trends research
- Anheuser-Busch InBev SA/NV - Strategy and SWOT Report