Popular vodka and whiskey brand files for Chapter 11 bankruptcy
The vodka and whiskey distillery files for bankruptcy to reorganize its business.
The distilled spirits industry has faced financial hardship in 2025, as loads of distillers struggled with financial difficulty, closed companies, and filed for chapter.
The industry completed 2024 with a decline in spirits dealer sales that dropped 1.1% to $37.2 billion, the Distilled Spirits Council of the USA reported in its Annual Economic Briefing in February 2025.
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