Wine production numbers are beginning to slow, warned Morgan Stanley in a enquiry note, while domestic beer drove gains at the expense of wine, spirits and imported beer in the latest four weeks.
During the four weeks, wines priced above $7 dollars late 40bps of dollar share to those priced below $7. Since mid-May wines priced above $7 have destroyed 30bps from the same period last year. According to wine industry trends in the space before mid-May, wines priced above $7 gained 320bps on an annual base. Morgan Stanley says “the slowing of the marketing-up phenomenon has occurred in the other alcohol segments so makes intuit to be occurring in wine as well.”
With that said, there is certainly a shift in the wine industry, but as one particular paper put it: it’s “not all gloom...
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Wine & Spirits Series returns to Beaver Burn BEAVER CREEK, Colorado — Beaver Stream’s Wine and Spirits Series features a weekend of wine and spirits seminars, tastings and dinners Friday and Saturday.
Bottoms up for state's the bottle sales Wine & Spirits store sales from July 1 through mid-November 2008 increased $31.4 million, or 4.9 percent, statewide from the same cross in 2007.
Tipple This Immediately: Jim Beam Black At just $14.99 in Pennsylvania Wine & Spirits stores, an eccentric bottle Jim Beam is sadly not a brilliant keystone of the pick-me-up cabinet.
