UK: Whisky distillery winding down production
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.
- Analysis - SABMiller to add bolt-ons in Africa?
- A-B InBev's Move on Tennent's Super Makes Sense
- India: Everyone's Favourite Spirits Market
- Brand Diversification Driving Craft Brewery Growth
- Analysis - Stock Spirits: Poland's number one
- Diageo scraps Arthur's Day, but singer left sad
- Pernod Ricard's Café de Paris Pear, Pomegranate
- PepsiCo CEO sees "profound" change in US consumers
- William Grant sinks GBP185,000 into "No" camp
- SodaStream silent on John Lewis pullout in UK