✉news BusinessFinance first seen 5 d ago, last 5 d ago, peak #15
Another US whiskey distillery files for bankruptcy
Original: Another whiskey distillery files Chapter 11 bankruptcy after declining sales
A whiskey distillery has filed for Chapter 11 bankruptcy protection, becoming the latest in a string of distilleries to do so amid declining sales. The filing highlights mounting pressure on the spirits industry, where weaker consumer demand and slowing whiskey sales have pushed several producers into financial distress in recent months.
Why now: Falling whiskey sales are driving a wave of distillery bankruptcies, drawing attention to troubles in the spirits industry.
whiskey distilleryChapter 11 bankruptcyspirits industry
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