Wine in the World
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Wine in the World
Wine in the World
What's being said about wine, wherever you are? Join us to maximise your drinking fun.
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Tesco to sell Lafite

Tesco to sell Lafite | Wine in the World | Scoop.it

Fancy dropping £600+ on a bottle of wine at the local supermarket.

 

Tesco are launching a Clubcard boosting range of premium fine wines including £600+ a bottle Château Lafite.

 

While it's great to hear that that a few UK high streets are going to be seeing this cracking range of wines it's tinged with disappointment that they'll be further squeezing wine producers by introducing more supermarket own-label wines. Why can't they just pick some decent wines from good producers and leave them in their original bottles?

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$600 wine in supermarket price war - SMH

$600 wine in supermarket price war - SMH | Wine in the World | Scoop.it

It seems that Australia's supermarket giants are about to wage a price war over $625 a bottle Penfolds Grange 2007.

 

It's one of Aussie's iconic wines, but that's not going to stop retail giants Woolworths, Coles and Costco going all out to see how cheaply they can sell it.

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Alcohol pricing counterfeit fear - BBC

Alcohol pricing counterfeit fear - BBC | Wine in the World | Scoop.it
Plans to introduce a minimum price on alcohol in England and Wales could cause a rise in counterfeit alcohol, warns the Local Government Association.

 

Maybe the idea of lowering the load on A&E will backfire? Having seen fake vodka, whisky and port, maybe faking it is going to filter down the food chain?

 

Surely educating people to drink less would be better?

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The Wine Market Sobers Up

The Wine Market Sobers Up | Wine in the World | Scoop.it
Prices for top bottles are tumbling. Is it yet another sign of global economic trouble?

Via Frank Haddad
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Wine ‘to rise by £1’ Express Scares

Wine ‘to rise by £1’ Express Scares | Wine in the World | Scoop.it

The Express finds a whole raft of reasons why wine is likely to rise by £1 per bottle.

 

Actually, they don't point out the main reason - supermarket margins. If a supplier adds 25p to the cost of a wine the supermarket needs to add around 75p to the retail price to maintain it's percentage margin.

 

Would you stop buying wine if it increased by £1 per bottle, or would you step up to better wine less often??

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Does increasing a wine's price make it "premium"? - SMH

Does increasing a wine's price make it "premium"? - SMH | Wine in the World | Scoop.it

Jacobs Creek are making a conscious effort to increase the price of their wine and take it up market. Are sponsorship, endorsements and a higher price enough to make a wine "premium"?

 

I've got to admit that Jacob's Creek often shows well in tastings, and their regional reserve wines are pretty good value - at the moment. Read how the owners, Pernod Ricard, are making a determined push to take the price upwards and move Jacobs Creek out of the supermarket discount bins.

 

Is this the beginning of the end for branded wine offers? Personally, I hope so. I'd rather see things selling at the price the market thinks they're worth. What about you?

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