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Dear Client: I must say, for the past 20 years or longer, this moment has been percolating under the surface. And for a Wall Street analyst to declare it so publicly, the obvious has now burst through the surface: The mass consolidation of the wine & spirits distributors throughout the 90s and 2000s, mainly due to big wine and spirits suppliers’ insistence — and their wholesalers rolling over — on states having no franchise laws for wine nor spirits which
Rabobank’s Bourcard Nesin: After RNDC Collapse, Suppliers Should Look in the Mirror
Dear Client: I must say, for the past 20 years or longer, this moment has been percolating under the surface. And for a Wall Street analyst to declare it so publicly, the obvious has now burst through the surface: The mass consolidation of the wine & spirits distributors throughout the 90s and 2000s, mainly due to big wine and spirits suppliers’ insistence — and their wholesalers rolling over — on states having no franchise laws for wine nor spirits which
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