1 rich Libsyn https://www.libsyn.com 90 600 In the latest episode of the TMA Chicago/Midwest Podcast, host and Katten Restructuring Partner Paul Musser sits down with Teneo Senior Managing Director Bernardo Silva, food and beverage industry lead within the company’s Management Consulting team, for a candid look at the distress reshaping today’s wine and spirits industry. From a non-traditional restructuring professional’s perspective, Bernardo discusses the sector's path from a pandemic-fueled boom to consumption that has continued to fall since 2023, leaving weak balance sheets, inventory gluts and a wave of bankruptcies and restructurings in its wake. He and Paul also unpack the structural consumer shifts, from the &quot;sober-curious&quot; generation to alternatives such as cannabis and GLP-1s, that are also driving the sector’s downturn. Finally, Bernardo shares his insights on business development, highlighting proactive networking and early intervention as a restructuring professional's greatest assets. TMA Chicago Midwest Podcast http://sites.libsyn.com/113909/site <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/42344685/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/204850410