Tag: Lawton Ridge Winery
Afternoon Brief, January 3rd
U.S. Wine Market Dips 2% By Volume, but Sees First Value Increase Since 2020: With the U.S. wine market facing uncertain economic conditions and increased competitive pressure from other drinks categories, total volume decreased an estimated 2% to 322 million 9-liter cases in 2023, according to Impact Databank...
Afternoon Brief, December 28th
California Wine Consolidation Ramps Up to Close Out 2023: Consolidation is nothing new for the wine industry, but the pace of change has accelerated in recent years as interest rates have risen, costs of labor and supplies have jumped, and demand for wine has softened...
