Irish Whiskey Distilleries Face Receivership Amid Tariff Losses
Irish Whiskey Distilleries Face Receivership Amid Tariff Losses

Irish Whiskey Distilleries Face Receivership Amid Tariff Losses

News summary

The Glen Grant Distillery has unveiled a 30-year-old single malt Scotch whisky, exemplifying its enduring legacy and mastery in the craft, as part of its Glasshouse Collection following previous 21- and 25-year-old releases. This highlights a trend in the whisky industry where both established brands and independent bottlers are offering rare, aged expressions, though experts caution consumers to research independent bottlings for quality and value. Meanwhile, the broader whiskey sector faces challenges: Irish whiskey is under strain as Powerscourt Distillery enters receivership and Diageo's Roe & Co pauses distillation, both citing financial and market pressures such as US tariffs and working capital constraints. Despite these hurdles, new milestones are being celebrated elsewhere, such as New Riff distillery in Kentucky releasing its first 10-year-old bourbon, marking a significant achievement for the relatively young distillery. These developments underscore both the resilience and volatility within the global whiskey industry, where innovation, tradition, and economic realities intersect.

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