The owners of Crush Wine Shop have lost their lease — and as of Monday, Feb. 22, the shop on Knox will close.

In a newsletter to customers, owner Jim Larkin said “future plans are uncertain, but stay tuned.”

"While this announcement may seem sudden, it has been under discussion with the property owners since early January. However, please understand that to have made any public comments prior to the recent completion of these discussions would have been premature and inappropriate.”

Starting today, there will be an inventory clearance sale on everything in the shop.

Click to sign up for the Advocate's weekly news digest and be the first to know what’s happening in Preston Hollow.