Jim Beam Whisky Maker Says Sales Are Slipping Down

The video discusses the impact of extended lockdowns on business performance, highlighting a shift from restaurant and bar sales to home consumption. It addresses challenges in maintaining profit margins due to reduced sales of premium brands and explores the decline in sales, estimating a 20-30% drop. The video also covers production and safety concerns, emphasizing the importance of sanitary conditions and e-commerce. Finally, it examines the demand for consumer staples like water and tea, noting the difficulty in selling premium products.

What concerns does the speaker have regarding the global trade war?

What is the expected decline in sales due to the pandemic according to the speaker?

What strategies is the company implementing to address the decline in sales?