Shaken, Not Broken
Chilean vintners return to growth
Chilean wine exports are expected to rise 8% in 2010, René Merino, president of Wines of Chile, a trade promotion group, told El Mercurio de Santiago. Good news for an industry that took a big hit from February’s earthquake. Concha y Toro, which lost nearly 10% of its stock, reports production has returned to normal. Chile’s top-ranked vintner [see The Datamyne Top 5] was just named the second most powerful wine label in the world, surpassed only by Gallo of the U.S., by British consultancy Intangible Business, according to El Mercurio.
Date posted: June 3, 2010