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Gold medal-winning vodka distillery files for Chapter 11 bankruptcy
Key takeaways
- Gold medal-winning vodka distillery files for Chapter 11 bankruptcy Kirk O’Neil Sun, May 17, 2026 at 10:48 PM GMT+7 3 min read.
- 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 will persevere despite the economic decline.
Gold medal-winning vodka distillery files for Chapter 11 bankruptcy Kirk O’Neil Sun, May 17, 2026 at 10:48 PM GMT+7 3 min read. 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 will persevere despite the economic decline.
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