In the current financial turmoil, life is, most unfortunately, likely to become increasingly tough for the noble army of independent wine merchants. The supermarkets will attract those shoppers who feel they must stick to a budget, whether they intend to buy wine or not, and in the UK all the signs are that the mass market retailers are busy sourcing cheaper and cheaper wines.
Those merchants trading in serious investment quality wine may manage by courting customers in new markets and those who decide to move money out of the stock market into the most obviously liquid asset of all...
Whites with character from L&S
Tuesday 7 October 2008
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