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Wine Paris 2026 Showed How The Industry Is Recalibrating // Layoffs announced in West Sacramento as RNDC exits California

February 17, 2026 - Wine Industry Insight Daily News Feed

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“Since 2020, wine consumption and spending has endured a notable downward slide, particularly in lower-priced segments…But my advice to anyone in the industry listening is that, as we finish working through the impact of this current consumer shift, we remain mindful of the pattern. We could be setting ourselves up for a repeat of a similar demand bubble and rotational shift in 20 years.”

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