Wine Industry Slump: Kenwood Vineyards Shuttered
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The wine industry is facing a significant downturn, with revenue plummeting by 21% from 2020 to 2025. This decline, largely attributed to baby boomers reducing their wine consumption, has led to a wave of winery closures and job losses. Notable casualties include Kenwood Vineyards, Ranch Winery, and Carneros Hills, with Pernod Ricard even abandoning wine entirely. These changes signal a major shift in the industry, impacting local communities and workers in Californias wine country.
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