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The relaunch of the 3 for £10 mechanic; a major crisis in the Spanish bulk wine industry and the growing prominence of fruit-flavoured wines were all chosen as major stories of the year to date by some of the wine trade’s top names.
Patrick McGrath MW, managing director of Hatch Mansfield, sees ongoing margin pressure for suppliers as a major threat, and tips New Zealand and Prosecco for continued growth. This is part of a series of ‘back to school’ reports from leaders across the wine trade.
Felix Solis UK managing director Richard Cochrane says the end and restart of the 3 for £10 mechanic was a landmark for the UK wine trade, and reckons further consolidation is on the cards.
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