Whisky Business

Is the shortage of aged Japanese whisky a cause for concern?“ACQUIRING JAPANESE WHISKY requires a lot of patience, resources and most of all – luck,” notes Loh Chin Hui, an avid collector who showcases his latest buys under the moniker, Whisky Uncle.

“The Japanese are also very proud of their natural water – for good reason. Couple that with the four season climate for maturation and you’ll get a different interaction with oak barrels ,” adds Vincent Hong, managing director of Barworks Wine & Spirits Pte Ltd.What’s surprising is how recently the world developed a raging thirst for Japanese whisky – four years to be exact.

As of January 2019, whisky lovers bid farewell to the Nikka 12 Years Old and Suntory Kakubin White Label. Suntory announced back in May 2018 that they would cease sales of Hakushu 12 Year Old and Hibiki 17 Year Old, while Kirin just sent out its last shipment of Fuji Sanroku Tarujuku 50° in March. Other fallen soldiers include aged expressions from Yoichi and Miyagikyo under the Nikka brand.

“Whisky, particularly those being aged for 10 or more years, were not produced in sufficient volume to sustain the new markets we see emerging today,” says Mr Prashant.While the industry boomed during the 1970s and early 1980s, it declined following the availability of imported whisky from Scotland. The final nail in the coffin came when the Scotch whisky industry won a World Trade Organisation ruling that eliminated taxes on foreign spirits in 1996.

Mr Fergusson-Stewart put it best. “The industry has flip-flopped on the messaging. Back in the 80s, the whisky industry was in a slump. Many distilleries, particularly Scotch, had high levels of stock that continued to age. It suited them to stress the importance of age to fetch higher prices for the said stock. Today, stocks are lower. It makes more sense to drive attention away from the age, and draw focus on the cask and flavour.

Mention the origin of Japanese whisky and you'd hear the name Kiichiro Iwai. One of Japan's whisky pioneers, we have him to thank for Masataka Taketsuru, who started Yamazaki Distillery and Nikka Whisky. It was he who sent Taketsuru on the momentous journey to Scotland, after all.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Apple, allies seek billions in US trial testing Qualcomm's business modelSAN DIEGO: Apple and its allies on Monday (Apr 15) will kick off a jury trial against chip supplier Qualcomm in San Diego, alleging that Qualcomm ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »

TEE International proposes to spin off and list infrastructure business on CatalistMAINBOARD-LISTED engineering group TEE International on Monday said it plans to spin off its infrastructure arm and to list it on the Singapore Exchange’s Catalist board. Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »

Foxconn's Gou says may run for Taiwan president, step back from daily businessFoxconn's Chairman Terry Gou said on Tuesday he is considering whether to run for Taiwan's 2020 presidential election, a day after Reuters ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »

UK watchdog orders ringfencing of Big Four audit business[LONDON] Britain's 'Big Four' accounting firms must ringfence auditing from their consultancy work, the country's competition watchdog said on Thursday in a response to book-keeping failures such as at construction company Carillion and retailer BHS. Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »

Amazon to close domestic marketplace business in China - sources(Corrects paragraph 2 to reflect that Amazon's China-based customers can order from Germany, not Denmark)
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »

Intel says to exit 5G smartphone modem businessIntel Corp said on Tuesday it was exiting the 5G smartphone modem business, while assessing opportunities for 4G and 5G modems in PCs, internet of ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »

OCBC seeking partner for China securities business[SINGAPORE] Oversea-Chinese Banking Corp (OCBC) is looking for a Chinese firm to team up with on a securities joint venture on the mainland, the latest foreign bank seeking to capitalise on the nation's financial-industry loosening. Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »