Treasury Wine Estates to Close 19 Crimes Producer Karadoc Winery in Australia

Treasury Wine Estates recently announced plans to close Australia’s Karadoc winery next year, according to a July 5 press release. The decision to close the Victoria operation — one of the Australian wineries that produce 19 Crimes — follows a decreasing global demand for bargain wine.

According to Treasury Wine Estate executives, Karadoc’s closure was a “last resort” to manage company costs.

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