The Drinks Business reports that Yellow Tail owner Casella Wines swung to an AU$5.5 million loss in its latest financial year, reversing earlier profits as weaker US demand, tariffs and higher supply chain, energy and freight costs bit into performance. The article says the US, long central to Yellow Tail’s export success, has become markedly tougher, although growth in the UK, Europe, Asia, Canada and Australia has helped cushion the blow. It also points to higher debt and a covenant breach that was later waived, making this one of the clearest signs yet of how pressure on global wine brands is feeding back into Australia’s wider grape and grower economy.