For many beverage alcohol companies, the news this week that EU and G7 nations, including the UK, would ban all exports of luxury goods to Russia was official confirmation of action that they had already taken; most, if not all, leading producers of whisky, Cognac and other aged spirits had already cut Russia off as a result of the invasion of Ukraine.
Spirits’ fallout from Russia’s attack on Ukraine – comment
Whether through self-sanction or authorities' instructions, the Russian market for aged spirits has gone. Category commentator Richard Woodard considers the impact on brand owners.