When it comes to wine, “It’s a buyer’s market” according to Jean-Michel Diot, Tapenade, La Jolla, CA. 43% of restaurants are reporting a decrease in overall wine sales for 2009 but Wino’s are consuming more wine then previous years.
"There are some exceptions but in general, bigger labels have gained some traction as the recession may have forced many Americans to seek value by “trading down” to less-expensive wines. Last year, 28 brands sold at least two million cases each in the United States, and advanced by a combined 1.1 percent by sales volume, the fastest growth of any segment. Collectively, these two-million case wines were priced 35 percent below the industry average of just over $7 per bottle. The trend continued into this year as the fifty largest-selling brands are projected to combine for a 1.2 percent gain, double the total market’s expected growth rate" – [Impact ...
A Real Bordeaux at a Realistic Price
Our tasting panel evaluated 5 red wines—blind as per usual. It turned out that Cabernet Sauvignon was the answer to the mystery question ...
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