Mmastodon BusinessBusiness first seen 20 h ago, last 20 h ago, peak #3
Scotch distilleries pause production as unsold whisky stockpiles grow
Original: On the rocks? Scotch distilleries pause production as an unsold ‘whisky loch’ grows. After a 15-year boom turbocharged b
Scotch whisky distilleries across Scotland are pausing production as demand slumps worldwide following a 15-year boom that was turbocharged by the Covid-19 pandemic. The industry is now sitting on a growing glut of unsold whisky, dubbed a 'whisky loch', and is facing job cuts as sales fall around the globe.
Why now: A major downturn in one of Scotland's most famous export industries, with production pauses and job losses, is drawing attention.
Scotch whisky industryScotland
Evidence
- On the rocks? Scotch distilleries pause production as an unsold ‘whisky loch’ grows. After a 15-year boom turbocharged by the Covid-19 pandemic, demand for Scotch whisky, Scotland’s most famous export, has slumped around the world, with the industry facing job cuts and… · mf_analysis@mastodon.mediafaro.org · 3
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