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The “LIQUOR INDUSTRY NEWS 02-19-26” Flipboard curated by Mark Lenzi (The Wonderful World of Wine) features several key stories regarding the wine and spirits industry. Here is a summary of the featured reports:
Wine Industry Business & Real Estate
- Gallo Downsizing: E. & J. Gallo, the largest U.S. wine company, is closing a production facility in Napa Valley and implementing layoffs at four other California locations.
- Trinchero Asset Sale: Trinchero Family Wine & Spirits (the third-largest U.S. wine company) has listed two of its premium Napa Valley vineyards for sale.
- Chilean Wine Trends: A report on the “renaissance” of the País grape, an ancestral Chilean variety that is being rebranded from a “forgotten” grape into a serious contender for high-quality wine.
Spirits & New Product Launches
- Proper No. Twelve Expansion: The Proximo Spirits-owned brand has launched “Black Reserve,” an Irish Whiskey blend finished in heavily charred American oak barrels.
- Legal Trouble for Bardstown: Bardstown Bourbon Company is facing a whistleblower lawsuit from a former executive alleging gender discrimination and improper business practices.
Health & Industry Trends
- Cannabis vs. Alcohol: A study from the University at Buffalo highlights a trend where consumers who switch to cannabis-infused drinks reduce their traditional alcohol consumption by nearly half.
The collection as a whole highlights a period of significant consolidation and restructuring among major California wine producers, alongside continued innovation in the Irish whiskey and alternative beverage categories.
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