• Wine Industry Insight
  • Posts
  • Treasury Wine Estates abandons “commercial” portfolio sale, cuts earnings guidance // After 34 Years, New York’s Iconic Wine Restaurant Tribeca Grill Will Close

Treasury Wine Estates abandons “commercial” portfolio sale, cuts earnings guidance // After 34 Years, New York’s Iconic Wine Restaurant Tribeca Grill Will Close

February 13, 2025 - Wine Industry Insight Daily News Feed

Today’s Top Story

Wine Industry Insight Marquee Sponsor

More Top Stories

Wine Industry Insight Prime Sponsor

In Case You Missed It

Wine Industry Insight Core Sponsor

Sales, Supply & Consumption

Wine Industry Insight Core Sponsor

Wine Production

Wine Industry Insight Core Sponsor

Real Estate

Wine Industry Insight Core Sponsor

Wine Industry Events

Wine Industry Insight Core Sponsor

Climate & Weather

Wine Industry Insight Core Sponsor

Stewardship

Wine Industry Insight Core Sponsor

Opinion & Analysis

Wine Industry Insight Core Sponsor

Today’s Most Interesting Wine Industry Data

“In 2017, the off-premise growth rate in lower-priced wine began to decline by volume. By May 2018, the trend became more apparent. In 2019, we advised our readers that the consumer shift was already underway. COVID hid the reality of the downward shift in the years after 2019…for many, 2024 might have felt like a surprise and the first year of a correction. The good news is we’ve already been moving this correction for at least 7 years. We are closer to the resolution than the start.”

Wine Industry Insight Data Sponsor

The Rest of the News

Reply

or to participate.