According to a new report by Rabobank released in June, Scotch whisky is currently going through a boom. But Scotch producers could learn a thing or two from the wine trade in that regulating the peaks and troughs of supply and demand is necessary to increase value over the long term. So could Scotch whisky now rival fine wine as an alternative investment?
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Constellation Brands first quarter results for fiscal year 2015 beat expectations primarily due to its Crown Import beer distribution acquisitions last year and based on the results increased its fiscal year outlook.
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The Edrington Group, the Scottish maker of The Macallan, Famous Grouse, Cutty Sark, and Highland Park whiskies, saw profits rise by 3% and turnover hit £730.4 million for fiscal year 2014 which ended on March 31.
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Constellation Brands (STZ) closed yesterday $88.13 just shy of the 52-week high of $88.55 it hit on June 25, and analysts are optimistic about tomorrow's Q1 results.
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A British Airways pilot and his first class flight attendant wife hope their new wine merchants, Salut Wine, which opens in Manchester in August, will help keep their feet firmly on the floor with what they claim will have the largest Enomatic machine installation in the city.
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The UK drinks trade will get the chance to taste potentially award winning and champion sakes from the 2014 International Wine Challenge at a special tasting to be held at the Embassy of Japan on July 17.
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In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, Q&As, and opinion stories.
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There won't be many corks popping across the drinks industry this week as the summer marks what has been tough fiscal year for the sector dominated by a slowdown in growth in China.
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In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, Q&As, and opinion stories.
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Mouton Cadet, in an ongoing effort to raise its profile amongst UK consumers, is releasing an exclusive Ryder Cup edition as part of its sponsorship as the the official wine of the golf tournament.
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Morrisons is planning to cut 2,600 jobs as a result of a new management structure in stores.
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The rise in demand and consumption of whisky around the world is helping to develop a market for Scotch whisky as an investment vehicle similar to what has occurred with ultra-premium wines.
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The wine industry has historically been slow to cash in on mobile technology, but the time is right for the trade to ramp up its approach.
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In case you missed some of the headlines this week (and a bit of last week due to the long weekend) on harpers.co.uk, we have done a review of the top online news, Q&As, and opinion stories.
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BrewDog a pioneer for the craft beer scene in the UK is set to open its 18th global bar this Saturday in Dundee, Scotland.
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Wine lovers, be they trade or consumer, can sample the International Wine Challenge's gold-medal winning wines and mingle with expert judges at next week's A Taste of Gold event in London.
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As 28 million UK adults prepare to watch the World Cup, the drinks trade gets ready to cash in on the opportunity with promotions on beers, wine and spirits.
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Gin producers the world over will be raising their favourite gin drinks this Saturday June 14 for the sixth annual World Gin Day.
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Rémy Cointreau which has seen profits and sales rapidly decline over the first half of the year, has named Valérie Chapoulaud-Floquet as the new chief executive slated to take contirl of the struggling spirits brands in mid-September.
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GE Capital International has provided Accolade Wines with a US$300 million cross-border credit facility in order for the world's fifth largest wine producer to continue to grow its brands globally.
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