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Retail industry

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The world's wine capital pores over a premier cru tale of high prices and low cunning

Article Abstract:

Police in Burgundy, France, believe that three wine traders and seven other people may have sold many thousands of bottles of inexpensive, generic wine mixed with higher quality wine. This scandal follows debate throughout France about the true nature of wine.

Author: Lichfield, John
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
Public affairs, Investigations, Crime, Burgundy, France

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French lose the taste for cheap peasant wine

Article Abstract:

There is no longer a mass market for cheap red wine in France. It is increasingly common for French people, particularly the young, to prefer other drinks or to consume less wine of higher quality.

Author: Lichfield, John
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001

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Bordeaux in crisis as buyers lose their bottle

Article Abstract:

French and foreign wine purchasers have been extremely cautious about the 1998 Bordeaux vintage, even though it is of very high quality. There is almost no demand at all for fine Bordeaux, following a period during which the price of Bordeaux rose to very high levels. The main reason for the lack of demand from purchasers is that producers have been too greedy, pushing prices far too high. The market will not revive until 1998 prices come down, regardless of how good the vintage is.

Author: Lichfield, John
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
Consumer prices, Prices and rates, Bordeaux (Wine)

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Subjects list: France, Wine industry, Wineries, Wine, Economic aspects, Supply and demand
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