Word: edrington
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...sluggish global economy, 2001 was a banner year for the Scotch whisky industry, with exports exceeding 1 billion bottles for the first time ever. "The world's love affair with whisky is far from over," says Ian Good, chairman of the Scotch Whisky Association and CEO of the Edrington Group, which makes Cutty Sark and The Famous Grouse whiskies. "It's still the world's No. 1 spirit, exported to over 200 markets." Staying No. 1 will not be easy. Last year may have seen record export volume, but what matters most is export revenue. (Fluctuations in currency...
...Eastern Europe will repeat the Spanish success story. This, as Good points out, was triggered by Spain's E.U. accession when "tariffs came down and growth took off." Pending E.U. enlargement, however, the hot market is South Korea, where last year sales swelled over 20% to reach $256 million. Edrington has just inked a $25.6 million-a-year deal to sell premium whiskies blended specially for the Korean market under the Lancelot label. "It's a market that sells on quality," says Good, whose company plans to charge around $355 a bottle for the 30-year-old version...
...opening night, Producer Carroll appeared attired in a rumpled tan smock and wearing earphones through which he had been listening to the performance. He said something about wanting to give people a big show for a maximum admission of $3. He introduced his backer, Banker William Reynolds Edrington of Fort Worth. Tex. and Manhattan, president of Edrington-Minot Corp. and Edrington Investment Co. It was as a consequence of a birthday party which Producer Carroll gave Banker Edrington that Producer Carroll was sent to Atlanta Penitentiary for perjury in 1927. It was also as a consequence of the birthday party...
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