Big Spirits Suppliers Ramping Up Cost-Cutting Measures

Dear Client: "Efficiency" is a buzzword we often hear during earnings calls, as keeping costs down is always a priority for companies big and small. But in a sign of the times, this year we've noticed several major cost-cutting measures, particularly among big spirits companies.  To kick things off in January, Brown-Forman announced several strategic initiatives "to position the company for continued growth in the dynamic global spirits market," including reducing its global workforce by 12% and shuttering its Louisville-based