Ten years ago I was talking to a very exasperated brand manager for one of the big Cognac houses. He’d spent years building up his brand’s credibility with the premium on-premise, only to see his allocations halved overnight as the brand’s owners shifted their focus to a booming Chinese market.
China tariffs can’t hide Australia’s wider wine woes
Excluding China paints a rosier picture of Australian wine's fortunes oversees, but there are other clouds on the horizon.