More on New Vine’s Surprising Departure

Dear Client:As you know, it was announced yesterday that New Vine is closing, much to the shock of investors, customers and even employees. This development likely puts an end to Amazon’s supposed foray into the wine business since the two companies planned on partnering once the site launched. The deal was never solid enough for Amazon to move forward, according to sources. It looks like New Vine put all its eggs in one basket and was never able to bring