Nicola Carruthers

Martell owner Pernod Ricard saw sales fall by 5.9% in the first three months of fiscal 2025 after China plunged by a quarter.

The Hong Kong government has cut duty on spirits, one of the highest rates in the world, to boost the on-trade, the country's leader has announced.

Sales of status spirits rose by 9% in value last year, with Scotch overtaking Cognac and Armagnac for the first time.

Scotch whisky maker Compass Box has received a £35 million (US$45.4m) loan from Santander to drive its international expansion.

Demand for American whiskey in the States is starting to soften due to downtrading and a cutback in innovation, according to IWSR.

The chief innovation officer of Diageo India discusses the “massive” growth potential for agave spirits and why rum will be the next spirit to boom.

Auctioneer Bonhams will sell a signed set of Hanyu Ichiro’s Malt Full Card Series, which could fetch up to €1.2 million (US$1.3m).

Dewar’s maker Bacardi has completed a multi-million-pound expansion at Aultmore Distillery and added three warehouses to its Glasgow site.

The performance of rum in the US has been ‘underwhelming’ in recent years due to a lack of premiumisation and a shortage of new brands.

Spirits sales from US wholesalers to retailers are predicted to continue declining during 2025 as premiumisation slows.