Treasury Wine Estates - California News Beep

The planned shutdown of one of California’s oldest wineries reflects the scale of the challenges facing the US wine industry. Falling consumption, oversupply and prolonged weak demand are driving painful restructuring across the sector.

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California winery closure points to deepening North American wine crisis

January 19, 2026

The planned shutdown of one of California’s oldest wineries reflects the scale of the challenges facing the US…