Gold medal-winning vodka distillery files for Chapter 11 bankruptcy
A decline in spirits sales in 2025 impacted distilleries’ revenue, forcing vodka and bourbon companies, in certain cases, to file for bankruptcy protection. Distilleries suffered from spirits supplier sales declining by 2.2% to $36.4 billion in 2025, according to the Distilled Spirits Council of the United States. Spirits company executives, however, are confident that the industry […]
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