Page 10 - Drambuie Teaching Note
P. 10

How he did this was based also on addressing first,

                 packaging which had changed little since 1909 and


                 then the iconic bottle with its heavy association

                 with the after-dinner liqueur were taken in hand.



                 Moreover, as Glenmorangie announced at the start

                 of 2009 that it was ending its joint venture with


                 Drambuie Parnell sought another partner and


                 found it in Malt Whisky Distilleries.


                 This was accompanied by a new advertising


                 campaign as the company increased its advertising

                 and promotional spend from £6m to £8m.



                 On Parnell’s death Michael Kennedy, who had been

                 groomed by Parnell, took on the newly formed role of

                 managing director.


                 In 2011 sales volumes grew across all regions except


                 southern Europe, helping Drambuie to make an

                 operating profit of £2.81 million, up 2 per cent on the

                 previous year.


                 The highlight of the trading performance was a 4 per cent

                 growth in shipments to the US, which remained its most

                 important market.
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