Basically you have a thing called inflation which is runing at anything of between 2 - 3% each year for the last 10years. There fore it would not be unusual for companies to increase prices every couple of years. Unfortunately that's life. But as long as your getting a min of a 5% increase in you wages every year you have nothing to worry about
Marvin wrote:Unlucky. Perhaps you should start your own store.
Unlucky? Check this example,
At Binny's in Chicago a Bowmore 1989-16yr Old Cask Strength OB that goes for around £48GBP Inc VAT (which comes out to a tad over $91USD) in the UK goes for in the States (Binny's & others) for $49.99USD with Chicago's sales tax at 9% comes to a grand total of $54.49USD (£28.73GBP), plus we get 750ml bottles (75cl) as opposed to 70cl bottles.
When I buy whisky in Scotland I make sure it's whisky I'll never see here because if it's here in the States more often than not I can get it cheaper.
Notwithstanding that, prices have gone up tremendously in the last six months.
Macallan 18yo has increased from $140 to $185 - an increase of over 30%, significantly more than inflation or rising excise.
Also, I used to say that you could get a decent malt for around $65. The reality now is that most decent malts are in the the $75-$90 range. (Lagavulin 16yo now retails for $99!!!)
So in this little corner of the universe, I'd definitely agree that prices are rising.
on advice from Mr Fjeld (thank you Christian) something I posted elswhere.
and a bit more.
http://www.dailyrecord.co.uk/news/tm_he ... _page.html
The last one together with the question whether Whyte&Mackay will be sold to India or not goes to show that the Asians not only have an appetite for Scottish whisky but for Scottish whisky makers as well. Panta rei, everything is flowing but where to?
Japan is engaged in the Scottish whisky sector for years now. The French are involved, too with the consequence that some whiskies are directed to France only.
Whisky is international business and the international owners sell where the prices are good or even better. The re-direction of the whisky flow will increase prices here because it will get harder and harder to come by good whisky and in sufficient amounts. Quote:
Duncan Baldwin, regional director at Angus Dundee Distillers, told The Grocer: "We have noticed there is not much whisky available to buy any more and what there is sells at a much higher price. The bigger players have realised that sales forecasts for their brands in places such as China mean they need to guard their stocks to furnish this demand. Demand from China is not losing its momentum. Unquote.
Things flow and we can not really be sure we will like the outcome. That goes for American whiskey as well at the moment. It is hard to find some bourbons in Germany at the moment because distillers from Kentucky are satisfying the ever growing demand from China mainly and Mocsow as well for higher prices.
Irish whiskey does well at the moment worldwide, too. Good news for the industries but we will have to pay with higher prices and reduction of the availability of certain whiskies.
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