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Award-Winning Whiskey Distillery Files for Bankruptcy

Original: Another Award-Winning Whiskey Distillery Files for Bankruptcy as Spirits Industry Decline Continues

An award-winning whiskey distillery has filed for bankruptcy, according to Yahoo Finance, amid an ongoing decline in the spirits industry. The filing adds to a string of financial troubles across the sector as distillers face weakening demand for whiskey and other spirits. Commenters are pointing to the collapse as further evidence of a broader downturn hitting even well-regarded producers.

Why now: The spirits industry downturn is in the news, and each new bankruptcy reinforces concern about the sector's health.

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Evidence

• Another Award-Winning Whiskey Distillery Files for Bankruptcy as Spirits Industry Decline Continues · Yahoo Finance

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