News roundup, and comment on it
I don’t know, you go for days and days without much happening and then come a great welter of stories of interest all at once – just like the well-known herd instinct of the 73 bus? There’s a useful overview here of the long-rumbling saga of the multinational Diageo ’s sudden decision to get out of fine wine, having been fine bordeaux’s biggest single buyer for years. We have already discussed some of the ramifications on our forum. Many Bordeaux proprietors have been buying their wines back in attempts to shore up prices, and the US is awash with wine bargains at the moment. While considerable...
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