First I created a path of the bottle to make a clean cut out using the path tool.
I copy and pasted the bottle and with the bottle in the layer behind, I added a Gaussian Blur to give it that blur effect on the edges.
I then placed the texture being the bottles layer seen in the prior screenshot and adding a Layer Style i gave it a gradient overlay (black to transparent).
For the "Glrnoragie" text I added a texture and used a clipping mask for the text.
Lastly, for "Unnecessarily well made" i added an outter glow layer style.