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Brown-Forman starts CEO search as Lawson Whiting prepares for retirement // Gen Z moderation 'myth' debunked

July 14, 2026 - Wine Industry Insight Daily News Feed

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“Wine inventory levels remain stubbornly high. The most recent TTB data indicate that U.S. wineries are still holding a 20-month supply of bonded wine (both bulk and bottled). A 15- or 16-month supply would be more desirable…consumers are apt to be cautious with their spending on discretionary items, including wine, for some time.”

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