Mid-range Australian producers squeezed - decanter.com - story
Mid-range Australian producers squeezed - decanter.com - the route to all good wine
This Decanter.com story reports that medium sized wineries (revenue between $1M and $20M have been hardest hit by the oversupply of red wine since the plantings of the 1990s. No doubt the effect of the exchange rate on export earnings has also been a factor. The pressure on medium sized producers could mean more bargains for consumers, but it could also lead to a flurry of mergers and takeovers.
This Decanter.com story reports that medium sized wineries (revenue between $1M and $20M have been hardest hit by the oversupply of red wine since the plantings of the 1990s. No doubt the effect of the exchange rate on export earnings has also been a factor. The pressure on medium sized producers could mean more bargains for consumers, but it could also lead to a flurry of mergers and takeovers.
posted by Darby and Sue at 4:33 AM
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