Well, this IS dreary.
How the heck am I supposed to get through the election if Mondavi goes under? You all know what that 1.5L means to me during a debate.
CA wine industry up against increasing cost of doing business in CA – just like other businesses. Energy, Insurance, Water, Transportation, Taxation – just getting your product harvested/to market has more then doubled. Days of wine & roses is over for middle class CA.
— Jane Wisdom (@JaneWisdom34856) May 8, 2024
…Wine consumption fell 8.7% in 2023, according to leading industry analyst the Gomberg Fredrikson Report, a sobering reversal for an industry that had, for a quarter-century, taken annual growth for granted.
This year could be the breaking point, with many industry figures predicting “a good-sized house cleaning,”
All kidding aside, the crunch is coming not in the industry behemoths but in the smaller boutique…
