Tough Times For U.S. Wine? Chappellet CEO Provides Insights On Surviving The Downturn

Image for article Tough Times For U.S. Wine? Chappellet CEO Provides Insights On Surviving The Downturn
News Source : Forbes

News Summary

  • Cyril Chappellet is the CEO of Napa Valley-based family winery, Chappallet.
  • He is concerned about the state of the American wine industry, and specifically, small family-run wine businesses.
  • Only 36% of U.S. wineries experienced sales growth in 2024, down from 41% the previous year.
  • Experts suggest that there are multiple reasons as to why the wine market has shifted, including an increased focused on health and wellness after the pandemic.
Cyril Chappellet, CEO of Chappellet Winery in Napa Valley, CABriana Marie PhotographyIn 1967, Cyril Chappellet moved to Napa Valley as a child and witnessed his parents, Molly and Donn Chappellet [+10658 chars]

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