Wine ended 2023 with one of its worst holiday performances in recent memory, seeing sales drop 8.1% in the final three months compared to the same timespan in 2022. That was even worse than its overall performance last year, a 7.5% decline in volume. The gloomy news continued in January, according to figures released March 4.

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March 5, 2024

2023 numbers tell a story of wines continuing decline and provide little hope for a quick turnaround. By Jeff Siegel Wine ended 2023 with one of