The week that was
So here’s us all thinking it was the gallant combined efforts of a cross industry high profile campaign that convinced the Chancellor, George Osborne, to freeze the duty on wine in last week’s Budget. Well think again.
A fine wine investment expert has warned that the en primeur system risks seeing an exodus of châteaux from the system and negociants going to the wall, unless it gets its pricing “right”.
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We hear (and we write) a lot about how important the independent sector is to the future of the wine and spirits sector.
Here are a few questions for you? Do you work with any of the major supermarkets? If so do you ever take a close look at what is happening in any other aisle of the store other than wine and spirits? I mean do you assess how a particular category like confectionery, health and beauty or crisps and snacks is merchandised? How many suppliers in that fixture that retailer works with? What sort of promotions they are running? If you don’t then you need to.
When over 200 businesses are moved to fill in an in-depth, 20 question survey online in the week before Christmas you know you have hit a nerve.
The time it will take you to read this first paragraph is all it now takes to buy a loved one a special present for Christmas. The speed, reliability and ultimately convenience of shopping online now means it is quite acceptable to give even your nearest and dearest a gift that comes wrapped in cardboard through the post.