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Navigating Wildfire Risks in the Winery Industry // Here’s Why Treasury Wine (TWE) Shares are Soaring

June 5, 2024 - Wine Industry Insight Daily News Feed

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Today’s Most Interesting Wine Industry Data

“Considering strategies for increasing revenue this year and beyond, wineries large and small are looking to direct sales and distribution. Nearly a quarter of all wineries are planning to increase their wine club sales and number of wine club members while another 15% plan on increasing DTC sales as a portion of their total revenue. More than 17% of all wineries are looking to increase their wholesale sales or points of distribution while 11% of U.S. wineries are planning to expand into new markets.”

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