168-year-old iconic winery spinoff closes in financial distress   Â
Declining wine consumption over the last six years has led major wine companies to close down wineries and production facilities. The industry’s annual revenue has declined by $19.7 billion, or 21%, to $74.3 billion in 2025 since generating $94 billion in 2020, according to Silicon Valley Bank’s State of the US Wine Industry Report. “Boomers are […]
168-year-old iconic winery spinoff closes in financial distress    Read More »
