Poor grape harvest to raise wine prices, Majestic fears
date:Nov 21, 2012



Steve Lewis, the Majestic chief executive, expects the wine lovers to notice increases would most in supermarkets, which account for three-quarters of UK wine sales, due to a sharp drop in global production.

The dominance of supermarkets has cut the average bottle of wine sold in Britain costs around 5.

The price of a bottle of pinot grigio could go up by between 50p and 1 come February/March, he said on Monday after his company reported strong profits despite Britains wet summer.

The Inte
1/2 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
05/17 10:46