California's wine sector is experiencing significant distress, with several prominent wineries announcing closures and filing for bankruptcy. Passage Wine, after nearly two decades, is ceasing operations due to a substantial drop in tasting room revenue. This downturn is not isolated, as Gundlach Bundschu, one of the state's oldest wineries, has filed for bankruptcy. Major players like Gallo and Constellation Brands have also implemented layoffs and facility closures. Experts cite declining exports and reduced consumption among younger demographics as key contributing factors to this industry-wide challenge.
Los Angeles
https://en.koreadaily.com/california-wine-industry-crisis/