Wray & Nephew President’s Reserve breaks auction record

A rare bottle of the J. Wray & Nephew President’s Reserve rum, which contains liquid from 1906, has set a new auction record after fetching £31,500 (US$40,000). The bottle, the fourth of 12 bottles created, went on sale in Whisky Auctioneer’s inaugural Rum Auction last month. It set a new world record for an individual bottle of rum sold at auction. Described as one of the world’s rarest rums, the J. Wray & Nephew President’s…

Continue Reading →

The biggest spirits stories of 2018

Jaw-dropping auction prices, ambitious expansion plans and punitive Bourbon tariffs made for a dramatic year in the spirits world – we look back at the biggest stories to shake the sector in 2018. Last year, the US found itself embroiled in numerous trade wars, which began in March when US president Donald Trump revealed plans to impose a 25% import duty on steel and a 10% import duty on aluminium. The UK also hit headlines…

Continue Reading →

The Spirits Business’s most read stories of 2018

From the pink gin trend to copy-cat lawsuits, the last 12 months presented a whirlwind of developments and breaking news for the spirits world. Here, we count down our most read online stories of 2018. Despite a year dominated by Brexit and Trump, the stories that grabbed our readers the most spanned a wide array of subjects including innovative product launches and auction records. Among some of the stories that missed out on a spot…

Continue Reading →