Wine industry sees drop in sales
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- Опубліковано 26 січ 2025
- Winemaker Charles Smith discusses the decline in wine sales, the cocktails trend, and his new brand on 'Varney & Co.' #foxbusiness
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Nobody has any extra money.
Nobody can afford groceries! Let alone going out!!!
People can barely afford food…. Besides I have no idea which wine pairs well with ramen?
@Malitesta they all seem to be able to afford drugs
Sauvignon Blanc lol 😂 or Pinot Grigio
@@solarcognac7112 What color box? I only drink wine fresh out the box.
Too expensive and not worth the hype.
Young people do not want it. 😢😢😢😢😢
How tragic? People are struggling to feed their kids! F wine!
it's called fox business. Don't blame the channel. There will always be struggling families. Do you leave messages like that on the NFL Network?
I use white wine, bourbon, rum in cooking all the time as another condiment. They make meat taste much better. Wine is just food. It is also used as a blood thinner to fight plaque buildup in arteries.
People in their 30’s are giving up drinking alcohol all together. The cancer rates tied to alcohol consumption are startling.
Many people under 40 are giving up alcohol
Wine moms had to go back to work.
Best comment so far.
That's because with the environment of today's world thanks to politics we need hard liquor. Bring on the whiskey
Because nobody gives a sh**. We have to work during all our free time.
Ever since they went not organic.. Nothing taste the same. Sad in deed. I refuse to buy unless is organic.
Tons of money in liquor, tons ! 😮
Why spend $25 on a bottle of pretentious wine 🍷 when one can get a 36 pack of Coors, Modelo, or similar for nearly the same price point?
I still buy wine, $10 bottle of wine 😬
Everything is seeing that
This is what happens in a Woke Demerica!
This what happens with all political bs
@@stormvillians😂😂😂
Wine gives me a headache! Weed takes my headache away.
Can smoke a nice phat joint then go inside a beautiful restaurant. Or gummies.
Wine is hardly a necessesity. In tough times the fringe delights are the “sacrifice”.
Wine tastes horrible anyway.
Plus it stuffs up my sinuses.
We do live in a Florida tourist town but a little glass of standard wine now in a restaurant is $8-12. So, why not have a cocktail or nothing at all.💁
You smoke before you eat.
In the late 1990s and early 2000s, wine was booming, fueled by a combination of affordability and cultural trends like the "French paradox." However, as demand soared, so did prices-especially for premium wines. By the mid-2010s, many wineries were charging sky-high prices, seemingly banking on the idea that consumers would keep paying for the "prestige" of wine.
But younger generations aren’t buying it-literally. Millennials and Gen Z grew up in an era of craft beer, hard seltzers, and even legal cannabis, which are often cheaper and more accessible. Add to that the relentless marketing spin about every wine being handpicked, handcrafted, and "aged in unicorn tears," and it feels like the industry prioritized profits over connecting with evolving consumer tastes.
Now, with rising costs and cheaper alternatives, it’s no surprise the industry is in decline. Wine was once a joy, not a financial investment. Perhaps it’s time for winemakers to trade their hay bales of nonsense for a more grounded approach to pricing and marketing.
I still buy Cabernet Sauvignon by the case….
wine production, packaging (glass bottles) & transportation costs scale with energy costs - wine prices went up with that and inflation.
Thanks Varney.
People are realizing its toxic. All alcohol is a poison.
They poisoning the alcohol cus they want people to smoke dope. More $ in dope
That’s why the French live longer and are healthier ! Surprise
@@brucecavey9759French wine is made differently than wine made in the US. They use organic methods.
Yea all that smoking is making them live longer lol
Wine hangover it's horrible!
Yeah, I quit.
Another sign of Social decline
The headache is from the sulfur dioxide which he also uses.
Time to say supply is scarce, make the bottle smaller, and triple the price
Sulfur dioxide is a sulfite. Really no way around it unless you make it at home.
Could be because all the nitrates they put in wine . And also when people go out to restaurants or they typically drink a lot of wine, they have to worry about the authorities, pulling them over and getting DWI so it's not worth it
That's funny bc I've given up on everything else and only buy wine..
Well let’s start with $10 for a glass in a restaurant. Second craft beer taking off. Third, new various high ball drinks.
Hard liquor is cheaper
Maybe drinking seltzers instead...at home.
I presume all groceries sales are down 15%.
Boomer gals are not drinking anymore. Getting old,😢. Just the crappy wine will go.
IPA Iso Propyl Alcohol.
It’s easy to make wine. For the cost of the yeast. Bottles are free. Plenty of fruit to pick for free.
Not in my house 😂
Cuz people are angry
Most wine sucks
Wait a second , he sold his wine company for MILLIONS OF DOLLARS then he started a new wine company.?
ISN'T SUPPOSED TO BE ILLEGAL?
Gee, I wonder why he agreed to this interview?
How can that be? They haven't cut off Camel-Ah!
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Seriously?? Even with Kamala on the campaign trail??
I’ll have what she’s drinking. 😂
Young kids are still drinking wines?
And they’re gonna whine about it…
People are broke
Hilary is feelin that bidenflation
People need to sober up
Click bait piece which failed to get across the main fact and that is people drank too much wine during the pandemic and are now cutting back. No, the main problem with US wine that is most popular, it’s too sweet compared to French wines. There are good US wines with low sugar, but they are not what is bought. Sugar in wine is the number one cause of post drinking headaches, other than ethanol it self. Same for beer.
Whatever happened to Trump wine ? People are saying that it was the finest, the likes of which had never been seen before.
This is good: people drinking less.
Bidennomics
People are sobering up
Sorry! I’ve quit drinking! 🤷🏻♀️😆
Trump found his real job at McDonald's. Gods message for the chosen one
I heard they fired a black dude in Illinois for poisoning.
Wine is just spoiled grape juice, not worth any price.
Fani Willis and Nathan Wade have not been out together to lavish dates lately that’s why 🙄