Falling Behind or Glancing Back? The Wine World is Looking Up.
We love to gloat! Gloating is so underrated; relegated to the emotional garbage dump along with gossiping and schadenfreude. Well, tBoW is gloating with the widespread endorsement of the new CHEAP WINE REALITY. It is officially and widely understood that wine prices are down across the board and bargains are everywhere. Here is the LA Times article “$15: The New Normal” that proves the point. Lesser known is our observation that this downward spiral has dragged along pricing for wines formerly considered out of reach. (more…)