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  • This Napa Valley Cabernet cost only $35. Now, it’s back after a yearslong hiatus // Shrinking US bar tabs signal little festive cheer for liquor makers

This Napa Valley Cabernet cost only $35. Now, it’s back after a yearslong hiatus // Shrinking US bar tabs signal little festive cheer for liquor makers

December 24, 2024 - Wine Industry Insight Daily News Feed

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“Total winery direct-to-consumer shipment volume in November declined 12% compared to last year to 747,509 cases while value slipped 7% to $551 million, according to data by WineBusiness Analytics and SovosShipCompliant. The declines followed a lackluster October, disappointing hopes that holiday shipments might ease the pain many wineries have experienced in the past year. Shipment value for the latest 12 months was down 6% versus a year ago, while channel volume was down nearly 10%.”

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