Half of All Napa Vineyards Lost Money Last Year. How Are the Other Wineries Surviving?
In WineBusiness Monthly’s annual Vineyard Survey Report, Napa Valley vintners voiced a lengthy list of concerns threatening their businesses: changing consumer preferences, succession planning, pests and diseases, labor shortages, rising farming costs, and increasingly strict regulations, to name a few. It’s a real laundry list of woes, and these challenges are hitting the valley hard. According to the survey, 50 percent of vineyards reported a decrease in revenue and 51 percent saw a decrease in profits. The article Half of All Napa Vineyards Lost Money Last Year. How Are the Other Wineries Surviving? appeared first on VinePair.
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