Struggling whiskey company closes operations, no bankruptcy yet
The whiskey company is closing down its business and liquidating inventory.
The distilled spirits alternate has confronted economic challenges over the final one year as excessive inflation suppressed ask for distilled liquor, to boot to extra costly, top class bottles of spirits.
Spirit seller gross sales in the U.S. declined 1.1% in 2024 for a crammed with $37.2 billion, while volumes rose 1.1% to 312.2 million 9-liter cases, the Distilled Spirits Council of the united states reported in its Annual Economic Briefing in February 2025.
What's Your Reaction?
