The spirits industry saw significant changes with bankruptcy filings, celebrity involvement, and creative marketing successes, indicating a dynamic landscape.
Struggling budget vodka maker Stoli has filed for bankruptcy as Gen Z turns away from alcohol
Stoli Group USA filed for Chapter 11 bankruptcy due to significant financial difficulties and shifting consumer trends in the spirits market.
BevNET's Most Read Spirits Stories Of 2024
The spirits industry saw significant changes with bankruptcy filings, celebrity involvement, and creative marketing successes, indicating a dynamic landscape.
Struggling budget vodka maker Stoli has filed for bankruptcy as Gen Z turns away from alcohol
Stoli Group USA filed for Chapter 11 bankruptcy due to significant financial difficulties and shifting consumer trends in the spirits market.
The spirits industry is facing significant challenges and declining sales, with various factors contributing to a pessimistic outlook for the future.
These Vodkas Are For Sipping, Not Shooting
Celebrity-endorsed Meili vodka promotes sipping over mixing, highlighting a growing trend toward enjoying vodka neat.
What a Trump Presidency Means For The Liquor Industry
Trump's 2024 election victory raises significant concerns for many Americans, especially regarding democracy and the spirits industry's future under renewed tariffs.
The Party Is Over.' Suntory Holdings CEO Takeshi Niinami on Adapting to New Consumer Trends
Suntory Holdings has successfully grown into the no. 3 premium spirits producer globally under Takeshi Niinami's leadership, emphasizing adaptation to consumer trends.
Dan Abrams' Bottle Raiders Launches AI-Powered Liquor Review App
Bottle Raiders is launching an app that uses AI technology to provide users quick access to premium liquor ratings by scanning labels.