Wine Makers Have Grape Expectations
Wine Makers Have Grape Expectations
Dec 21, 2010 6
Too much wine has given the drinks industry a nasty headache. Beer and spirits groups eagerly diversified into wine over the past decade, hoping to cash in on the huge global growth in wine drinking. Now many are just as eagerly trying to exit from a business they have found to be volatile, unprofitable and resistant to global brands. That won't be easy.
Constellation Brands and Brown-Forman have both put new-world
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