01 July 2026
01 July 2026
Local news outlet RND said it had seen excerpts of a draft bill from the ministry, which include a proposal to lift the tax on spirits by 20% in 2027.
Edrington said softer demand for higher-priced expressions hurt its sales mix, even as some core lines held up better.
Taylor was promoted from CFO to chief executive in March last year following the departure of James Arrow, who had been in the post for less than 12 months.
Rauch said the shareholders of Curameo, Kloster's parent company, "had been unable to reach an agreement on further financing", which had led to the business becoming insolvent.
The company, formerly called Veganz, said it made the move to protect its “long-term competitiveness”.
Danone said the business "disputes both the reasoning set out in the judgment and the conclusion reached by the court".
According to local reports, Garrard County Distilling's property was sold at auction last week for $20m.
The Scotch distiller said production at its Glengoyne and Rosebank sites had been “scaled back”.
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