Noble & Co

📣𝗔𝘀𝗰𝗲𝗻𝘀𝗼𝘀 𝗝𝗼𝗶𝗻𝘀 𝗙𝗶𝗿𝘀𝘁𝘀𝗼𝘂𝗿𝗰𝗲!📣   We’re excited to announce that Ascensos has officially joined the Firstsource family - a leading global provider of specialist domain-led Business Process Services (BPS).   This marks an exciting new chapter for us as we combine our retail expertise with Firstsource’s advanced technology and global capabilities, creating even greater opportunities for our clients and teams. As John Devlin, our CEO, shared, this partnership is an ideal fit: “𝘖𝘶𝘳 𝘴𝘵𝘳𝘦𝘯𝘨𝘵𝘩𝘴 𝘢𝘭𝘪𝘨𝘯 𝘱𝘦𝘳𝘧𝘦𝘤𝘵𝘭𝘺, 𝘢𝘭𝘭𝘰𝘸𝘪𝘯𝘨 𝘶𝘴 𝘵𝘰 𝘣𝘶𝘪𝘭𝘥 𝘰𝘯 𝘰𝘶𝘳 𝘴𝘶𝘤𝘤𝘦𝘴𝘴 𝘪𝘯 𝘵𝘩𝘦 𝘳𝘦𝘵𝘢𝘪𝘭 𝘢𝘯𝘥 𝘦𝘊𝘰𝘮𝘮𝘦𝘳𝘤𝘦 𝘴𝘦𝘤𝘵𝘰𝘳𝘴. 𝘈𝘤𝘤𝘦𝘴𝘴𝘪𝘯𝘨 𝘍𝘪𝘳𝘴𝘵𝘴𝘰𝘶𝘳𝘤𝘦’𝘴 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺 𝘢𝘯𝘥 𝘦𝘹𝘱𝘢𝘯𝘴𝘪𝘷𝘦 𝘨𝘭𝘰𝘣𝘢𝘭 𝘤𝘢𝘱𝘢𝘣𝘪𝘭𝘪𝘵𝘪𝘦𝘴 𝘸𝘪𝘭𝘭 𝘢𝘤𝘤𝘦𝘭𝘦𝘳𝘢𝘵𝘦 𝘰𝘶𝘳 𝘵𝘳𝘢𝘯𝘴𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘱𝘳𝘰𝘨𝘳𝘢𝘮𝘴 𝘧𝘰𝘳 𝘦𝘹𝘪𝘴𝘵𝘪𝘯𝘨 𝘤𝘭𝘪𝘦𝘯𝘵𝘴 𝘸𝘩𝘪𝘭𝘦 𝘦𝘯𝘩𝘢𝘯𝘤𝘪𝘯𝘨 𝘵𝘩𝘦 𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘦𝘹𝘱𝘦𝘳𝘪𝘦𝘯𝘤𝘦 𝘧𝘰𝘳 𝘰𝘶𝘳 𝘤𝘶𝘴𝘵𝘰𝘮𝘦𝘳-𝘧𝘢𝘤𝘪𝘯𝘨 𝘤𝘰𝘭𝘭𝘦𝘢𝘨𝘶𝘦𝘴. 𝘉𝘰𝘵𝘩 𝘈𝘴𝘤𝘦𝘯𝘴𝘰𝘴 𝘢𝘯𝘥 𝘍𝘪𝘳𝘴𝘵𝘴𝘰𝘶𝘳𝘤𝘦 𝘩𝘢𝘷𝘦 𝘦𝘯𝘷𝘪𝘢𝘣𝘭𝘦 𝘳𝘦𝘱𝘶𝘵𝘢𝘵𝘪𝘰𝘯𝘴 𝘧𝘰𝘳 𝘥𝘦𝘭𝘪𝘷𝘦𝘳𝘪𝘯𝘨 𝘸𝘰𝘳𝘭𝘥-𝘤𝘭𝘢𝘴𝘴 𝘤𝘶𝘴𝘵𝘰𝘮𝘦𝘳 𝘦𝘹𝘱𝘦𝘳𝘪𝘦𝘯𝘤𝘦𝘴 𝘧𝘰𝘳 𝘣𝘭𝘶𝘦-𝘤𝘩𝘪𝘱 𝘣𝘳𝘢𝘯𝘥𝘴—𝘸𝘦 𝘭𝘰𝘰𝘬 𝘧𝘰𝘳𝘸𝘢𝘳𝘥 𝘵𝘰 𝘨𝘳𝘰𝘸𝘪𝘯𝘨 𝘰𝘶𝘳 𝘨𝘭𝘰𝘣𝘢𝘭 𝘴𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘴 𝘵𝘰𝘨𝘦𝘵𝘩𝘦𝘳.”   Ascensos will continue to operate under John’s leadership as a separate business unit within Firstsource, guaranteeing continuity for our clients and maintaining our brand identity and Scottish HQ.   We’re excited for what’s to come and look forward to growing together with our new colleagues at Firstsource!   Read the full announcement here: https://bit.ly/3MTf2Fw   #Acquisition #RetailInnovation #CXLeadership #AI #Automation #DigitalTransformation #CustomerExperience #Outsourcing

We have published today our seventh Noble & Co Whisky Intelligence Report, in partnership with Brainnwave, offering a comprehensive analysis of the fine and rare whisky auction market, focusing on the performance and trends observed during the first four months of 2024. This period has been notably challenging for the secondary market, reflecting broader economic pressures.   Key Points: - Volume Declines: Auction volumes were significantly down by 30% from January to April 2024 compared to the previous year. - Value Decrease: The total value transacted of bottles selling for over £100 fell by 36% during the same period. - Unsold Bottles: The percentage of bottles unsold at auction increased to 6.9% in Q1 2024 from 6.7% in Q4 2023. - Average Prices: Average prices for bottles were down 12% in January, 14% in February, saw a 21% increase in March, but dropped again by 23% in April. Overall, for the period January to April, the average price per bottle fell by 8% versus the same period a year ago - Segment Analysis: The £100 to £1,000 price bracket accounted for 90.4% of volumes traded, with significant declines observed in higher price brackets, particularly the £1,000 to £10,000 range. By value transacted, the £100 to £1,000 price bracket increased to 45% of total value from 41% a year ago. - Brand Growth: Glenfiddich showed the fastest growth in auction sales value (97%) among larger distilleries, while J. & G. Grant - Glenfarclas had the highest growth in auction sales volume (59%). The full report can be downloaded at https://lnkd.in/eBTmR3ew Conclusion: Our report underscores a period of substantial difficulty for the Scotch whisky auction market, driven by ongoing economic challenges. Despite some positive signs in March, the overall trend shows a marked decline in both volume and value, indicating a hesitant market with cautious collectors and reduced demand. As inflation stabilises and interest rates potentially fall, there is hope for market recovery, but current data does not yet reflect this optimism. Our thanks to those that supported the publication of this report: The Macallan Scotch Whisky Auctions Ltd Sotheby's Bonhams Aste Bolaffi MALTDAQ Just Whisky Auctions Speyside Whisky Auctions Limited Prestige Whisky Auction Ltd Whisky.Auction Glenkeir Whiskies Ltd Thought Collective Martha Moger

We are proud to be supporting The Borders Distillery. A highly considered operation, where every detail matters. Particularly impressive is their exemplary approach to encouraging local (ofter young) staff into the industry and their naturally strong sense of place and environment - which tracks through everything they do. Not to mention, it's bloody good spirit,... #ferovinum #TheBordersDistillery #TBD #TheBorders #ScotchWhisky #Scotch #Whisky https://lnkd.in/e9hAmBYb

Rutherford Cross is delighted to be partnered with Noble & Co to bring in an Associate to join its execution team. Noble & Co is a Scottish based, corporate advisory boutique that has the geographic reach and range of products of a major international firm as well as offering its clients the personal and deep understanding of a boutique. An award-winning Scottish financial advisory firm, Noble & Co provides corporate finance advisory services across all industries. The Associate will be a critical member of the team, supporting the origination and execution of transactions in a broad range of industry sectors. If you would like to find out more about this unique opportunity, please do not hesitate to get in touch with Fraser Burnett 📧 fraserburnett@rutherfordcross.com 📱07557020722

We are delighted to share that Noble & Co published our 2nd annual Whisky Intelligence Report today, assessing the auction market for fine and rare whisky. In this report we disclose: - The macro-economic climate is challenging for luxury and collectible assets, and this is weighing on the auction market - For bottles selling over £1,000, the value transacted over the last 12 months is down by 7% although volumes are up by 10% - For bottles sold for £100 or more, the market is flat and volumes are up by 17% - Ultra-rare bottles, such as The Macallan 1926 which sold for a record price recently, are still selling as trophy assets - However, at the top end of the market, there are signs of buyers holding bottles back, or holding firm to reserve prices and not selling bottles - At the lower-priced end, volume growth is very strong due to the rise of ‘flippers’ and consumers seeing it as a source of bottles to drink that they can’t get in the shops - The report features excellent insights by industry experts on the past, present and future of independent bottlers (David Stirk), the future of auctions (Jamie Ritchie), whether packaging matters (Kristiane Sherry) and the challenges of the cask market (Mark Littler) We are grateful for the many brands and partners who worked with us on this report including Brainnwave The Glenturret The Macallan Sotheby's Bonhams Scotch Whisky Auctions Ltd MALTDAQ Whisky.Auction Just Whisky Auctions Speyside Whisky Auctions Limited Glenkeir Whiskies Ltd Aste Bolaffi Prestige Whisky Auction Ltd Volpe & Castello Limited BlockBar #auctions #fineandrare #whisky #luxury #aspirational #highnetworth #ultrahighnetworth #familyoffices #collectors #bottles # To download the report, use this link - https://lnkd.in/esEwQTdc