US taxes, public health emergency, strict lockdowns on shops and restaurants, along with other anxiety-inducing tendencies, have left the French wine-producing sector high and dry, with a choice between “waiting for the end of the world at the bottom of a vat” or “mass suicide around a barrel of a good vintage”.
But that’s without taking into account the English passion for French wine… and the “hoarding effect” brought on by fears of Brexit, which two factors explain a surprising bounce back in the British market and have incited many traders and individuals in the UK to “stock up just in case”…
