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Brown-Forman, bourbon boom
Is Kentucky’s bourbon boom over? What’s behind Brown-Forman layoffs, slipping sales
Industry sales tracker IWSR reported that sales of U.S. whiskey, including bourbon, Tennessee and rye, fell 1.2% in 2023, the first drop in more than 20 years. Sales have continued to fall, down 4% in the first nine months of 2024.
Is the Bourbon Boom Over? Brown-Forman Announces Major Layoffs, Shutters Barrel Facility
On Tuesday, spirits conglomerate Brown-Forman informed its investors of what it described as "a series of strategic initiatives for growth," including laying off about 12% the company's global workforce,
Brown-Forman to close Louisville cooperage, see 12% layoffs amid 'strategic initiatives'
Louisville based Brown-Forman Corporation has announced "a series of strategic initiatives" including layoffs and the closing its Louisville cooperage
2d
Woodford Reserve’s most-coveted bourbon is hitting shelves in Kentucky and nationally
For the first time, Woodford Reserve Double Double Oaked will be available in Kentucky, at the distillery, online and in ...
NKyTribune
3h
Distillers join forces to enhance regenerative corn farming practices throughout the Commonwealth
Four leading spirits companies and the Kentucky Distillers’ Association (KDA) are joining forces with Precision Conservation ...
WDRB
1d
Kentucky's bourbon industry faces historic surplus and looming tariff threat
The industry’s economic turbulence is further reflected in Brown-Forman’s recent decision to close its famed cooperage in ...
The Takeout on MSN
14h
Costco Was Just Spotted Selling A Rare Kentucky Bourbon For A Steal
Everyone loves getting a great deal at Costco. This time, a shopper found a bottle of exclusive Kentucky bourbon for a ...
1d
Kentucky distilleries, KDA join partnership to ramp up regenerative corn growing practices
Four of the biggest names in the bourbon industry and the Kentucky Distillers’ Association (KDA) have formed a partnership in ...
1d
Kentucky Distilleries and Precision Conservation Management Join Forces to Enhance Regenerative Corn Farming Practices throughout Commonwealth
Four leading spirits companies and the Kentucky Distillers’ Association (KDA) are joining forces with Precision Conservation ...
Sustainable Brands
1d
Kentucky Distilleries, Corn Growers Future-Proofing Bourbon Through Regenerative Ag
M collaboration between four spirits giants, the Kentucky Distillers’ Association and Precision Conservation Management will ...
2d
Will Kentucky bourbon challenges continue? (Access Louisville Podcast)
It was a tough year for the distillers in 2024, at least compared to the boom years. We talk about whether that will continue ...
2h
on MSN
Bourbon Makers Face Post-Pandemic Hangover as Consumption Declines
After drinking surged during the pandemic and sent demand skyrocketing, U.S. bourbon makers now face sliding consumption rates and lower sales, hitting small distillers hardest.
Hosted on MSN
15h
The Collectible $2,000 Bourbon Costco Is Currently Offering For $260
Costco often sells rare, limited-edition spirits, and one such bottle of Kentucky bourbon has just been spotted at a store in ...
ABC 10 News
3d
Bourbon producers being forced to adapt amid extreme cold weather
With frigid cold temperatures gripping parts of the U.S., bourbon producers in Kentucky are being forced to adapt or run the ...
Bowling Green WBKO on MSN
1d
New $2.8M initiative launched to help Kentucky corn farmers
PCM will work with farmers in the central Kentucky region to implement regenerative corn-growing practices on more than ...
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