Newton Vineyard Closure Highlights Wine Industry Struggles as Consumer Preferences and Market Challenges Shift
Newton Vineyard, a historic winery in Napa Valley, was devastated by the 2020 Glass Fire. The destruction was total—its winery, vineyards, and the entire 2020 harvest were lost. Initially, owner LVMH had planned to rebuild, but after assessing the costs and industry challenges, the company announced the permanent closure of Newton Vineyard. This decision not … Read more