Dear Client:Before the recession struck in October of 2008, expensive wines had enjoyed years of success and steady growth in the US. Since then, sales have dramatically dropped off and many consumers have done a complete 180. Kevin McCallum of The Press Democrat wrote an interesting article on the subject of consumers increasingly seeking value. A major debate in the wine industry (and spirits for that matter) is whether this new “trading down†trend is here to stay. It’s certainly
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