Salesmen have been talking about this, but a report in telegraph.co.uk, talks of a release from the Burgundy wine board saying exports to English dove 23 percent in September.
Read and weep for the days gone by:
“For three years the climate in Britain was euphoric. Banks, the business world, high-class restaurants took everything we had, without looking at the costs.” — Cécile Mathiaud of the board.
Some importers locked in prices before the economy tanked (fell off a cliff, nose dived — pick your favorite metaphor) and now they’re sorry. I’m also getting e-mail from distributors slashing prices of wine still in stock to make way for the new vintages.
This would be a good time to start a wine collection for the ages, if you’ve got the money.
[cool image from The New York Times]