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Congressional Wine Caucus ghosts industry amidst rising headwinds // German Winegrowers Expect Major Declines
October 16, 2024 - Wine Industry Insight Daily News Feed
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Today’s Most Interesting Wine Industry Data
“In the US growth by major channels, declines in DTC sales were driven by POS and continued declines in website sales. Club sales continued to decline, a trend we noticed for the first time in 2023. Interestingly, average bottle sold price through the club channel was up 4 .6%, the highest of all channels, and discount percentage was also low.”
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