🍷New Chapter 11 BK Filing - Winc Inc. 🍷

DTC wine purveyor files one year after IPO.

On November 30, 2022, CA-based Winc Inc. (f/k/a Club W Inc.)($WBEV) and two affiliates (the “debtors”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Silverstein). The debtors develop, produce and sell alcoholic beverages — including five private label brands with glorious palate-teasing names like Summer Water, Folly of the Beast,