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Irish Whiskey News – Jan 23 – 2020

This week our Irish Whiskey News features articles on rare Redbreast bottles heading to auction and Pernod Ricard is shifting to 100% renewable energy by 2025.

So let’s see what’s happening this week in our Irish whiskey news.

Irish Whiskey News - Jan 23 - 2020 - Redbreast Whiskey Auction

Rare Redbreast Irish whiskey goes to auction in January

On January 29th at The Victor Mee Auctions, a superb collection of six 1960s Redbreast 12-year-old whiskey bottles estimated to sell between €250 and €450 each will be available to interested bidders. The vintage whiskey collection has been taken from the old Jameson Whiskey distillery in Bow Street which closed in 1971 and moved to Middleton, Cork. The Victor Mee team believe these bottles to have been bottled in the 1960s and aged for twelve years in Gilbeys sherry casks.

Production of Redbreast was ceased by Gilbeys in 1985 before the brand was relaunched to the market in the early 1990s meaning unopened bottles in great condition are extremely rare to find on today’s modern market. The auction also has some rare Jameson and Bushmills bottles going under that hammer too.

Irish Whiskey News - Jan 23 - 2020 - Pernod Ricard Solar

By 2025 Pernod Ricard is going to shift to 100% Renewable Energy

The second-largest alcoholic producer in the world, Pernod Ricard, has revealed an ambitious plan to shift to 100% renewable power by 2025. All the spirits and wine brands in the company will be changed to work in strictly renewable energy production sites and offices, including Chivas Regal, Havana Club, Jameson, Martell Cognac, Jakob’s Creek, Mumm, Perrier-Jouët, and others. “We also committed to reducing absolute carbon emissions of production sites by 30% by 2030, validated

Although this new pledge is a great step forward, Pernod Ricard has already made progress in implementing sustainable practices in all production levels, from grain to wine. A few months ago, Pernod Ricard joined RE100, a group of important companies with a 100% commitment to renewable energy. “We[ Pernod Ricard] is confirming the growing demand for clean electricity by committing to moving to renewable energy,” explains RE-100 head Sam Kimmins, “we support their optimistic pledge to move to 100% renewable electrical energy by 2025, encouraging other companies to follow its lead.”

 

Thanks again for reading our Irish Whiskey News.

.

Andrew

The Whiskey Experts

 


The Whiskey Experts  – Irish Whiskey News © 2019

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Irish Whiskey News – Dec 5 – 2019

This week our Irish Whiskey News features articles on Irish whiskey being in danger of US tariffs and Irish Distillers to lead premium whiskey growth in 2020.

So let’s see what’s happening this week in our Irish whiskey news.

Irish Whiskey News - Dec 5 - 2019 - Irish Whiskey Tariffs

Fears that Irish whiskey could be hit by new US tariffs

There are fresh fears that Irish whiskey could be hit by new US tariffs. In October, it was announced that a range of goods from the EU were to be subjected to US duties including Irish butter, cheese, liqueurs and pork products. Irish whiskey made in Northern Ireland was on the list of goods but whiskey made in the Republic of Ireland was spared.

Now however, there are growing concerns that Irish whiskey could be affected. The tariffs were announced in retaliation for EU aircraft subsidies but last night the World Trade Organization said Europe had not complied with obligations to remove subsidies to Airbus. In response, the office of the US Trade Representative said it is considering increasing the tariff rates and subjecting additional EU products to the tariffs.

In a letter to members, the Irish Whiskey Association said it was a worrying development and that the threat of tariffs has now escalated. The head of the Irish Whiskey Association, William Lavelle, wrote: “We will continue to monitor the situation and to lobby accordingly.” The EU is pushing for tariffs of around $10 billion on US goods in a parallel process to be decided by the WTO early next year.

Irish Whiskey News - Dec 5 - 2019 - Irish Whiskey futures

Irish Distillers vows to lead premium Irish whiskey growth in 2020

Speaking to The Spirits Business this week Conor McQuaid said Irish Distillers has seen growth across its prestige ranges this year, including Redbreast and the Spot range, and expects a greater demand for premium and super-premium products next year – particularly from the millennial generation.

“What we can say at this stage, though, is that we very much expect to see premiumisation continue to drive the category in 2020, building on the growth we have seen across our prestige ranges this year (+25%), led by Redbreast (+25%) and the Spot range (+40%). “This reflects the increase in consumer appetite, particularly among millennials, for premium and super-premium Irish whiskeys.”

One of the biggest challenges facing Irish Distillers is ensuring production capacity can match the growth of the firm’s whiskey brands. The company has invested more than €400 million (US$440m) in its Midleton Distillery, Dungourney maturation site and bottling plant in Dublin since 2012 in an effort to keep pace with growing demand. “This approach continues; we are laying down stock that will be used decades from now, as we anticipate even greater growth in the Irish whiskey market in the future,”

 

Thanks again for reading our Irish Whiskey News.

.

Andrew

The Whiskey Experts

 


The Whiskey Experts  – Irish Whiskey News © 2019

For more information, visit our website or email us at info@thewhiskeyexperts.ie

Irish Whiskey News – February 7 – 2018

This week our Irish Whiskey News features articles on how the golden age of whiskey blends is upon us and Jameson’s meteoric rise in sales in 2018. 

So let’s see what’s been happening this week in our Irish whiskey news.

Irish Whiskey News - February 7 - 2018 - blends

This Is A Golden Age for Irish Whiskey Blends

Irish whiskey lovers are luckier than ever. More blended Irish whiskeys have appeared in the last five years than in the previous 50. The transformation of blended Irish whiskey from a lifeline thrown by the few surviving distillers of Ireland to the life force driving forward one of the most thrilling whiskey-making nations is a truly remarkable feat. Irish pot still whiskey and Irish single malts deserve the love of aficionados, but for Ireland, the blend is saviour, champion, protector, hero, and guardian angel.

Unlike their Scottish counterparts, Irish blenders often work with whiskeys made under their own roof, which originated out of necessity given the dearth of Irish distillers throughout the 20th century. Furthermore, Irish blends can be made from any combination of the three distinct styles of whiskey produced in Ireland. This differs profoundly from blending in Scotland, where blenders combine just two styles, but many often use 30 or 40 single malts from different distilleries and over half a dozen grain whiskies to create their blends.

Irish Whiskey News - February 7 - 2018 - Jameson

Jameson toasts barrels of growth with 2018 sales figures

Sales of Jameson whiskey passed the four million cases mark in the six months to 31 December. The drink reported value growth of 8pc, and volume growth of 6pc during the period, according to interim results from Irish Distillers. Standout regions for the company included Sub-Saharan Africa, which saw 40pc growth (excluding South Africa), and Asia, where Jameson enjoyed 50pc growth in India.

Conor McQuaid, chairman and CEO of Irish Distillers, said: “Jameson continues to thrive and is now in double- or triple-digit growth in more than 70 markets across the world.” “Consumers are appreciating the full Jameson family, particularly our super-premium range, as seen by the growth of Jameson Black Barrel, up 26pc.”

The group also benefitted from the performance of single pot whiskey, with Redbreast experiencing value growth of 20pc.
Since 2011 Irish Distillers has released over 10 new single pot still Irish whiskeys, adding that the feedback from whiskey drinkers has been “phenomenal.”

Thanks again for reading our Irish Whiskey News.

Andrew

The Whiskey Experts

The Whiskey Experts  – Irish Whiskey News © 2019


For more information, visit our website or email us at info@thewhiskeyexperts.ie