It’s no secret that there’s a massive amount of wine available in America. (Some might even say there’s an oversupply.) The United States is home to over 11,000 wineries, which in total produced over 647 million gallons of wine in 2024. And that doesn’t even include imports. Last year, the U.S. brought in an additional 324 million gallons from countries like France, Italy, Australia, New Zealand, and more. Given the size of the American wine market, it can be relatively challenging to parse out which companies own what brands — especially after several major players recently changed hands.
Afternoon Brief, December 24
Australia's Treasury Wine Rises as Billionaire Goudet Buys Stake: Treasury Wine Estates Ltd.'s shares jumped about 7% in Sydney, the most since September 2024, after European billionaire Olivier Goudet emerged as a shareholder, offering a rare boost to the troubled...


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