{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Bernardo Silva on Navigating Distress in Wine and Spirits and Driving Durable Value","description":"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\u2019s Management Consulting team, for a candid look at the distress reshaping today\u2019s wine and spirits industry. From a non-traditional restructuring professional\u2019s 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\u2019s downturn. Finally, Bernardo shares his insights on business development, highlighting proactive networking and early intervention as a restructuring professional's greatest assets. ","author_name":"TMA Chicago Midwest Podcast","author_url":"http:\/\/sites.libsyn.com\/113909\/site","html":"<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>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/204850410"}