Recent News
Spirits Giants Drowning in $22 Billion Unsold Stockpile
The spirits industry is facing an unprecedented crisis. Five of the world's largest drinks companies are collectively sitting on approximately $22 billion worth of aged spirits they can't sell—the highest level of unsold inventory seen in ten years. Diageo, Pernod Ricard, Campari, Brown-Forman,
Trump Tariff Threat Looms Over Scotland's Whisky Industry
Scotland's whisky sector faces mounting economic pressure as Donald Trump threatens additional tariffs on UK goods, sparking urgent calls for diplomatic intervention to protect an industry worth millions to the Scottish economy. The situation has escalated beyond existing trade tensions, with t
Whisky Industry Gets Digital Backbone Solution
The whisky production world just got a major technological upgrade that promises to transform how distilleries track every drop of spirit from the moment it enters a cask until it reaches compliance reporting. Proof 8 , a blockchain-backed platform designed for modern distilleries and warehous
Texas Distillery Shuts Down After 13-Year Run
After more than a decade of producing handcrafted spirits in San Antonio, Artisan Craft Distillery is closing its doors permanently on January 25. The announcement marks another casualty in an increasingly difficult economic landscape for small-scale American distillers. The distillery broke th
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 $
Kentucky Bourbon Distillery Shutters After Just Years in Operation
The dream of building a bourbon empire has come crashing down for one Kentucky distillery, as Luca Mariano Distillery in Danville finds itself locked in bankruptcy proceedings with more than $34 million in debt hanging over its head. The facility, which represented the kind of ambition that has
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
Bourbon's Daring Barrel Twists
In the world of bourbon, most barrels just sit quietly in those big old warehouses, soaking up time and turning raw spirit into something smooth and golden. But a handful of distillers aren't content with the usual routine. They're pushing boundaries with wild ideas that amp up the interaction betw
Can Investors Rescue Uncle Nearest From Financial Ruin?
In the world of American whiskey, where tradition meets big business, one brand's story has taken a sharp turn into courtroom drama and financial uncertainty. Uncle Nearest, the Tennessee whiskey and bourbon maker that's built a reputation on honoring the legacy of the first known African American