Recent Industry Articles
American Whiskey Industry Faces Uncertainty as Massive EU Tariffs Loom
The Distilled Spirits Council of the United States (DISCUS) has sounded the alarm as the European Union prepares to reinstate tariffs on American whiskey at a staggering rate of 50% on January 1, 2024. This move comes after an unsuccessful attempt to secure a long-term agreement between U.S. Presi
Brown Forman Misses Q1 2024 Wall Street Expectations Amidst Whiskey Sales Slump and Supply Challenges
Brown-Forman, the parent company of iconic brand Jack Daniel's, faced a challenging first quarter in fiscal 2024, falling short of Wall Street's expectations. The hurdles included sluggish whiskey sales, supply chain disruptions, and a substantial inventory replenishment effort. Whiskey prod
US Spirits Sales Drop in First Half of 2023
Spirits sales in the United States have experienced a notable decline of 4.2% during the initial six months of 2023, marking a significant drop in the $100-plus spirits category, according to recent data. The Wine & Spirits Wholesalers of America (WSWA) released its SipSource Report, off
