MICHAEL FRIDJHON: Why domestic treasures often trump exotic foreign wines
30 October 2024 - 04:59
The results of the annual auction of the wines of the Cape Winemakers Guild bucked the trend of deluxe wines and spirits sales worldwide.
In the same month that luxury liquor group LVMH (proprietors of brands like Hennessy Cognac, Moet & Chandon, Veuve Clicquot and Dom Perignon) reported a 10% year-on-year decline in sales, the guild enjoyed an increase of 11%...
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