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Top News In Wine Estates Today - Breaking & Trending Today

Global decline in commercial wine consumption leads to winery sale | Stock & Land

Published: July 7, 2023

Treasury Wine Estates offloads a north-east Victorian winery, citing slow-down in consumption.

Source: stockandland.com.au

Winery axed as drinkers shun cheap brands

Published: July 6, 2023

The owner of South Australian labels Penfolds, Wolf Blass and Wynn's will close a regional winery with the loss of 60 jobs as a thirst for bottles under $10 dries up.

Source: indaily.com.au

Treasury Wine Estates to close Victoria winery

Published: July 5, 2023

Treasury Wine Estates has announced the closure of its Karadoc winery in Victoria, triggered by a decline in commercial wine consumption.

Source: thedrinksbusiness.com

Wine E-commerce Market will accelerate at a CAGR of 8.15% through 2022-2027; the increasing preference for online shopping to boost market growth- Technavio

Published: July 1, 2023

/PRNewswire/ -- The wine e-commerce market size is estimated to increase by USD 12,062.31 million from 2022 to 2027, at a CAGR of 8.15%, according to a recent...

Source: prnewswire.com