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Vintage Wine Estates Files for Bankruptcy: An Industry in Crisis
Recently, Vintage Wine Estates, one of the largest wine producers in the United States, filed for bankruptcy, sending shockwaves throughout the wine industry. The Santa Rosa-based company boasts a portfolio of well-known brands, including Layer Cake, Faenza, and Windsor. As news of their financial troubles spread, many in the industry are left to wonder what this means for the future of wine production in the country.