"A historic downturn in demand" for many spirits categories "has left drink makers sitting on a lake of unsold spirits, forcing them to mothball distilleries and slash prices" as bottles pile up in their warehouses, reported Financial Times this past weekend. Five of the biggest alcohol makers (Diageo, Pernod Richard,...
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Liquor Cos Facing Historic Inventory Glut As Demand Drops; "Lake of Unsold Spirits"; $22 Bil in Inventory
Publishing Info
- Year: 2025
- Volume: 28
- Issue #: 15
- Issue Date: 01/19/2026
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INSIGHTS Express