Squeeze on vintner eases, Chinese palates soften While the big players write down the value of their wine portfolios, boutique winemakers are having better luck in Asia.
Drink to this: EU raises limits on duty-free items
New rules came into force on Monday that will allow shoppers
from the European Union to buy more alcohol and other duty
free products when they travel home.
Bubbling
over
Tough times will see the bargain bubbly battle really hot up
ACCORDING to economists and financial types, the purchase of
alcohol comes under the heading of the so-called "defensive
sector". Seems we're pretty defensive about our booze; it's
one of the last areas of discretionary spending we cut when
facing hard times.
This has to be good news for wine retailers heading into
what could be one of the gloomiest festive trading seasons
in years.
The bad news is that while we might continue buying wine,
some of us are looking so far down the shelf we're on our
hands and knees. We're trading down. We're looking for good
wines at fair prices and hopefully the odd gem that
over-delivers on the price tag.






