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Nearly everyone who’s enjoyed a good glass of wine -- or visited a vineyard -- has fantasized about going into the wine business. But as promising as that sounds, the glass may only be half full, so to speak.
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It has now been four years since the celebrated zero wine duty was put in place, and our city has comfortably settled into its new role as both an international wine port and a popular point-of-sale. But apart from the explosion of choice available to us, what has the axing of the wine duty really done for our gradually maturing wine industry? And are we, the consumers, any better for it?
Substantial price rises and new vintages fuelled growth for Moet Hennessy, the world's largest Champagne and Cognac company, in the first half of the year.