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Is Drizly Closure a Big Deal? // Wine has a target on its back
January 17, 2024 - Wine Industry Insight Daily News Feed
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Today’s Most Interesting Wine Industry Data
“Rising costs and in some cases falling sales led to falling profits for the majority of companies in the sector in 2023. For 2024, the industry expects only moderate cost increases and is cautiously positive about the future.”
Source: ProWein Business Report 2023
The Rest of the News
Purple Brands sells ‘significant portion’ of wine brands to Plata Wine Partners
‘Excesses’ of recent fine wine gains have dissipated as market corrects
Are Predatory Loans Jacking Up Restaurant Wine Prices? (podcast)
Spain's winegrower expects more Chinese investment to promote Spanish wine
Rudy Kurniawan Is Back: From Notorious Wine Fraudster to Cult Figure?
Sonoma County’s Foley Family Wines hires acclaimed whiskey distiller to lead spirits innovation
English sparkling wine Gusbourne names Jonathan White CEO designate
Forsyths: how the fourth-generation coppersmiths are going global
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