The wines of Argentina are considered among the best in the world, ranking second in the production of wine in Latin America and the Caribbean (Chile is number 1). However, success comes with a price and the challenges faced by the wine industry in Argentina make this time in history troublesome. The issues winemakers face range from […]
Vintage Vigilance: Navigating the Pour – Deciphering Wine Prices
Sticker shock when you read the bar or restaurant wine list prices? Have you wondered how much that bottle of wine you’re ordering is marked up? It’s fascinating to peek into the economics behind the prices on a bar or restaurant’s wine list. The markup strategy certainly seems to follow a logical pattern, with cheaper wines […]
Pour Decisions: Uncertain Path Ahead. Wine Sales Take a Dip, Industry Seeks Correction
As the number of wine consumers dwindles in the lower price categories, and Generations X and Y show a growing preference for beer, cider, cocktails, or abstaining altogether, C-suite executives in the wine industry are wrestling with challenges and uncertain about how to address the following issues. Price Point Predicament: Executives recognize consumer frustration over escalating […]
Economics of Greek Wine Industry
Greek wines offer a captivating journey, and their unique characteristics make them a valuable addition to any wine collection. Introduction: Discovering Greek Wines – A Palate Adventure In this 4-part series, “Greek Wines. Small-Scale + Large Impact,” we look at why Greek wines should be on your radar. Indigenous Grape Varieties: Greece boasts over 300 indigenous […]