Tag #Whiskey Industry

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forbes.com

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Jun 3, 16:14

2025 SFWSC Announces 29 Scotch Whisky Finalists

The 2025 San Francisco World Spirits Competition (SFWSC) announced 29 Scotch whisky finalists across blended, blended malt, and single malt categories, with winners to be revealed at the Top Shelf 2025 Awards Gala on November 9th at Hotel Nikko in San Francisco.

2025 SFWSC Announces 29 Scotch Whisky Finalists

The 2025 San Francisco World Spirits Competition (SFWSC) announced 29 Scotch whisky finalists across blended, blended malt, and single malt categories, with winners to be revealed at the Top Shelf 2025 Awards Gala on November 9th at Hotel Nikko in San Francisco.

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What future trends in the Scotch whisky industry are highlighted by the finalists and winners of the 2025 SFWSC?

The competition highlights evolving trends in Scotch whisky, including the popularity of no-age-statement (NAS) whiskies and the resurgence of blended malts. Future competitions may see continued innovation in flavor profiles and aging techniques, reflecting consumer preferences and industry developments.

abcnews.go.com

🌐 75% Global Worthiness

Jan 15, 01:07

Brown-Forman Cuts Workforce, Closes Cooperage Amidst Industry Headwinds

Brown-Forman Corp. announced a 12% global workforce reduction and the closure of its Louisville cooperage by April 25, impacting 210 employees, due to economic challenges, shifting consumer trends, and potential renewed tariffs; the company projects $70-$80 million in annual cost savings.

Brown-Forman Cuts Workforce, Closes Cooperage Amidst Industry Headwinds

Brown-Forman Corp. announced a 12% global workforce reduction and the closure of its Louisville cooperage by April 25, impacting 210 employees, due to economic challenges, shifting consumer trends, and potential renewed tariffs; the company projects $70-$80 million in annual cost savings.

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How do changing consumer trends and the potential re-imposition of EU tariffs contribute to Brown-Forman's strategic decision?

The company's decision reflects broader challenges within the American whiskey sector, including decreased alcohol consumption among younger adults, massive aging whiskey inventories, and the looming threat of renewed tariffs from the EU. These factors, coupled with Brown-Forman's recent 5% sales decline, necessitated cost-cutting measures to ensure long-term growth and competitiveness.

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