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The secretive strategy behind Napa Valley's priciest wines // Australian Vintage terminates CEO Craig Garvin’s contract

May 6, 2024 - Wine Industry Insight Daily News Feed

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“Australian wine exports to North America reflected challenging market conditions. The decline in exports to the US was entirely driven by unpackaged wine. During 2022 and the early part of 2023, unpackaged wine exports to the US surged as shipping conditions improved and Australian producers were able to ship large inventories into market. This trend has now eased, and total exports have declined as a result.”

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