How Severely Is The Economy Affecting Wine Sales?

[Nate_Simon]

Just posted a topic on this, referencing today’s Chronicle article. A number of data points and possible reasons are included.

Mobley: California wine in big trouble

“‘A lot of brands are dead but they don’t even know it right now,’ echoed Michael Honig, president of Honig Vineyard & Winery in Napa Valley." Obviously there have been numerous threads on this topic here, but this latest article goes into detail on the current realities (mass sales decline, lowest total wine sales in 10 years), as well as possible causes. This ebbing tide apparently beaches all ships: “‘So far this year we’re down 10% (in sales), which is the first time in 17 years we’ve eve…