SipSource Projecting Another Tough Year for Spirits in 2025

Dear Client:   While the spirits industry has been looking for a break amidst the general downturn of the past couple of years, it doesn't look like it's coming anytime soon. Wine & Spirits Wholesalers of America's (WSWA) SipSource is projecting "continued structural challenges for the remainder of 2024, the first half of 2025, and beyond," for the spirits segment, per release.  The report's ominous tone is based on forecasts SipSource is pulling from a relatively new tool. The tool's