Fortified against recession
Article Abstract:
The port wine industry enjoyed a buoyant year in 1994 with exports reaching a record 85. 4 million liters. Lower prices and higher quality are the two major factors driving the port wine market's growth. Other factors are changing consumer habits and the industry's introduction of new products such as late bottled vintage port (LBV). Prior to the introduction of LBV, most port drinkers bought only ruby port and vintage port, with tawny port occasionally being favored. The arrival of LBV made port more attractive to a wider set of drinkers, helping to drive up demand for other port styles such as colheitas and quintas. Producers of port which have gained excellent reputations include Cockburn, Delaforce, Dow, Fonseca, Graham, Niepoort, Quinta Do Naval, Smith Woodhouse and Yeatman, and Warre. The vintage years for port, for those seeking high quality, are 1985, 1983, 1980, 1970, 1966, 1963, 1955, 1948 and 1945.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1995
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Can you afford to wait for success?
Article Abstract:
Because British climate and soil cannot support the cultivation of red grapes for wine making, British wine making is limited to the production of white wines based upon the German white grape varieties that can withstand the northern climate. Moreover, the British public is distrustful of the quality of domestic wines and British wine makers consequently depend upon exporting their wines to markets overseas. The operations of two British wine makers are discussed from a financial perspective: Carr Taylor Vineyards and St. George's Vineyards. Establishing a vineyard in Britain should cost around 35,000 pounds sterling (or more), and according to the English Vineyards Association, the per-acre cost of running a vineyard is close to 300 pounds annually.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1986
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Starting a cellar: For pleasure or profit?
Article Abstract:
Persons interested in starting a wine cellar for personal pleasure or for investment reasons are advised as to which red and white wines to buy, how to store such wines and where to buy them. Most wines stored in cellars should be red, since they have longer maturity periods than white wines and the aging improves their taste and value more than for whites. The advantages of buying a top chateau in a bad year or of buying a lesser chateau in an extremely good vintage are discussed. Places to buy the wines in London are listed.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1984
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