Tuesday, December 20
Wine Industry ConsolidaSHON
This chart is interesting to me for several reasons. The name is clever first of all, and it surprised me that 60% of California wines sold in 2004 cost less than $7/bottle. That generalization was based on observing that 20% + 20% = 40% of wines sold cost $7 or more, but the math didn't add up...
After further review, percentages in the Units column add up to 108% - which seems a little high to me. Even if all 5 numbers had been rounded up, the total should not have exceeded 105 - or am I dumb? At any rate, the article (from recently re-freebied) CFO.com is worth a read if globalization/the wine industry are of any interest to you.
A financial take on Mondovino, if you will...
posted by Brad at 12/20/2005 01:00:00 PM | permalink |
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