Wine Industry Slump: Kenwood Vineyards Shuttered

0:00It's March 29th. This is Durham News today, AI-powered stories from your city. The wine industry is hitting a rough patch, folks, with revenue down 21% from 2020 to 2025. That's a drop from $94 billion to $74.3 billion, sparking a wave of winery shutdowns across the board. Experts point to baby boomers cutting back on their wine habits as the main culprit behind this slump. Meanwhile, big players like Bernard, Ricard, just shuttered their 56-year-old Kenwood vineyards in Sonoma County back on March 27th. The closure means 14 jobs lost right away, part of a broader hit to workers in California's wine country. These SRE-WARN notices signal-permanent changes, shaking up local communities that rely on the grape game. Now, Kenwood's 33-acre property sold for $4 million to folks tied to Ev Corbal and brothers who owned it before and my fire it. Back up.

1:00Other giants like Ian J. Gallo are closing their ranch winery and cutting 56 positions by April 15th, 2026, while Jackson, family wines access 13 jobs at Carnero's Hills. Pronose ditching wine for spirits entirely after unloading Mom Napa too, so expect more shifts as the industry pivots to survive this dry spell.