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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
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 ...
2d
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 ...
NKyTribune
13h
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 ...
3d
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 ...
3d
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 ...
Hosted on MSN
1d
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 ...
12h
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.
The Takeout on MSN
2d
Why Does So Much Bourbon Hail From Kentucky?
Kentucky is a state known for producing 95% of the world's bourbon. Immigration, corn, and a whole lot of history are to ...
13d
Bardstown, KY: your ultimate trip through the Bourbon Capital of America
Vintage stores, retro eateries, vibrant festivals and world-class whiskey await visitors to this charming, laid-back corner ...
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 ...
3d
on MSN
America’s Bourbon Boom Is Over. Now the Hangover Is Here.
America’s bourbon boom is over and businesses big and small are starting to hurt, with distillers cutting jobs and shelving ...
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