Popular whiskey and wine company files for Chapter 11 bankruptcy
Economic challenges, including wine import tariffs, force a spirits and wine company to file for Chapter 11 bankruptcy.
Declining consumer demand for alcoholic beverages has impacted the wine and spirits industries, causing some businesses to reorganize, shut down operations and sometimes file for bankruptcy.
Wine industry metrics have flattened out in the last year after three decades of sustained growth, mainly driven by Baby Boomer consumers, according to Silicon Valley Bank's State of the U.S. Wine Industry Report 2025.
