Recent Whiskey News
Four Roses Bourbon May Be Heading for a Billion-Dollar Sale
The bourbon world is buzzing with speculation after reports surfaced that one of America's most storied whiskey brands could be changing hands for a staggering sum. According to The Financial Times , Kirin Holdings has quietly put Four Roses Bourbon on the market with a price tag hovering around $
Alcohol Sales Plunge as Americans Walk Away from Drinking
Something unusual is happening across America's bars, liquor stores, and distilleries. For the first time in nearly a century, most Americans are either cutting back on drinking or giving it up entirely. The numbers tell a story that's hard to ignore: only 54 percent of American adults now say they
Ford's Whiskey Ban Ignites Union Firestorm
In the heart of Canada's booze industry, a bitter feud is brewing that's got workers, politicians, and whiskey fans all stirred up. Ontario Premier Doug Ford's decision to pull Crown Royal off the shelves of the province's liquor stores has sparked a fierce backlash from unions, who say it's puttin
Louisville’s Hogshead Revolutionizes Barrel-Aged Spirits Market with Online Platform
In the heart of bourbon country, Louisville, Kentucky, a groundbreaking new platform is shaking up the world of barrel-aged spirits. Hogshead, an innovative online marketplace, has been designed to connect buyers and sellers of aged whiskey seamlessly. With a focus on streamlining the traditionall
Edrington Announces Sale of The Famous Grouse to William Grant & Sonsw
Edrington, the renowned spirits company behind iconic brands like The Macallan and Highland Park, has officially announced the sale of its popular blended whisky brand, The Famous Grouse, along with Naked Malt Scotch Whisky. The sale is part of a strategic move to focus on the company’s growing po
American Whiskey Industry Faces Uncertainty as Massive EU Tariffs Loom
The Distilled Spirits Council of the United States (DISCUS) has sounded the alarm as the European Union prepares to reinstate tariffs on American whiskey at a staggering rate of 50% on January 1, 2024. This move comes after an unsuccessful attempt to secure a long-term agreement between U.S. Presi
Brown Forman Misses Q1 2024 Wall Street Expectations Amidst Whiskey Sales Slump and Supply Challenges
Brown-Forman, the parent company of iconic brand Jack Daniel's, faced a challenging first quarter in fiscal 2024, falling short of Wall Street's expectations. The hurdles included sluggish whiskey sales, supply chain disruptions, and a substantial inventory replenishment effort. Whiskey prod
US Spirits Sales Drop in First Half of 2023
Spirits sales in the United States have experienced a notable decline of 4.2% during the initial six months of 2023, marking a significant drop in the $100-plus spirits category, according to recent data. The Wine & Spirits Wholesalers of America (WSWA) released its SipSource Report, off