How Severely Is The Economy Affecting Wine Sales?

Yeah, that’s what I was hoping for in due time.
Elijah Craig is 12 yr again, Ancient Age is actually ancient and 4 year Willett isn’t $80!

Macallan 18 was a formative scotch for me - the first spirit I actually thoroughly enjoyed. This was back in the early 2000’s (I think) when it was $80 locally. A year or two after that, I remember having a pour of Macallan 25 at a local restaurant for $25…my one taste of it, and probably the only one I’ll ever have, considering what it costs now. :face_with_diagonal_mouth:

Don’t the little bottles have higher costs? :crazy_face:

:100: to this. IMO the 25 was not as good as the 18. 18 wasn’t cheap but was appreciably better than the 12 that the price was worth it. Quality pf the 18 is lower now, still a solid scotch, but probably still worth $80

This is a good article on why whiskey may be facing a crisis like craft beer has.

Wine has a built in advantage in this respect in that each new vintage can be a new experience.

I wonder if wineries would stop touting every vintage as the best and instead focused on a new experience, the younger insta crowd might embrace wine more. Selling the same thing over and over to the current gen seems like a misguided plan.
Craft beer and their 22oz bombers found out the hard way.

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Drink Rye or whisky.

The Pappy is the carrot on the stick that they can allocate a bottle of this and a bottle of that, and get the placements they need.

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I think some mid range wines have really gone up too .
Eg Chablis. Just got an offer for 2022 Dom Testut MdT at almost $100 Can. Their basic Chablis $55.
Just one data point but seeing similar things all over.

Yes, the economy is behaving very differently for different people.

Whoops. Guess I should have sold my OG EC12s when I had the chance :sweat_smile:.

Now let’s see if they sell. There is a lot of wine sitting out there at essentially unsellable prices.

This is the worst thing about whisk(e)y pricing. Everything has gotten ridiculously expensive and the quality has gone down across the board. If you do a vertical of OB same-age statement scotch or bourbon from just about any distillery, the current version will be noticeably worse than the version from 20 years ago, which will be noticeably worse than the version 40 year ago. 1970s Mac 25 was really good. Current Mac 25 is not worth any close to its release price.

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I am fortunate to receive a small allocation of Springbank and Longrow whisky’s each year and there is a vast divide between the wholesale price and retail price. The retailers are the great beneficiaries at the moment, but suspect their margins will get whittled away over time.

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Sigh, I bought a couple of Springbank 15s a few years ago before the price more than doubled. Should have grabbed more, plus some 18. Probably my last Springbank purchase, unless I get to the UK again at some point.

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Oh, man, you are lucky. My favorite distillery.

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When I was in UK a couple of years ago, none to be seen. Spent a bit of time searching the streets of Edinburgh to no avail. The 10yo Local Barley 2022 release is a cracking dram FWIW.

Wow, good to know. I will savor what I do have.

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I thought it was the carrot or the stick

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As the economy continues to collapse

I expect sales of Corvina to crater

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Stop with this fake news, Neal!!!

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I think of the cartoons growing up with the horse chasing the carrot and the wagon driver hold the stick :slight_smile:

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