The supply puzzle: Experts weigh in on how a shortage will impact industry
The supply puzzle: Experts weigh in on how a shortage will impact industry
Apr 9, 2012 6
(NBBJ) - Wine consumption is growing worldwide and particularly in the world’s new largest wine market, the U.S. Trouble is, shocks to the global economy and to the wine business in particular over the past several years along with tough growing seasons have dramatically limited the supply of grapes and wine sold in bulk to supply the thirst.Hugh Reimers, executive vice president and chief operating officer at Jackson Family Wines with a background in winemaking in Australia, cautioned a recent gathering of wine industry professionals recently not to expect significant relief from shortages internationally.
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