World & BusinessCalifornia’s oldest family-owned winery files for bankruptcy, looks to sell
The Independent says the bankruptcy stems from multiple financial burdens that began with the COVID pandemic.
TLDR
California’s oldest family-owned winery has filed for bankruptcy and is looking to sell, The Independent reports. The outlet links the bankruptcy to financial burdens that began with the COVID pandemic, while noting mounting struggles for the wine industry.
California’s oldest family-owned winery files for bankruptcy, looks to sell
The Independent says the bankruptcy stems from multiple financial burdens that began with the COVID pandemic.
TLDR
California’s oldest family-owned winery has filed for bankruptcy and is looking to sell, The Independent reports. The outlet links the bankruptcy to financial burdens that began with the COVID pandemic, while noting mounting struggles for the wine industry.