FRANCE: CIVB president quits
Christian Delpeuch, president of the Bordeaux wine board, has resigned today (30 May) citing the failure of the French government, as well as the region's growers and sellers, to properly address the wine crisis in Bordeaux.
"I refuse to countenance this continual putting off of decisions which can only end in failure," Delpeuch said after quitting his post at the Conseil Interprofessionnel du Vin de Bordeaux.
"Enough is enough," Delpeuch said referring to his last two years as president. "For me this is finished."
Delpeuch cited as one example the failure of France's Finance Ministry, despite repeated requests, to guarantee the EUR60m (US$77.2m) loan necessary to help finance the programme of arrachage, or pulling up of vines. First instalments for this are due to be paid next month.
Asked if he would reconsider his decision if the Finance Ministry came up with the guarantee next week he said: "No."
- AB InBev, SABMiller - Here's what'll happen next
- Is time right for TWE to move for Diageo's wines?
- Is Brown-Forman at the end of the SoCo road?
- Will a sexed-up SABMiller tempt AB InBev?
- Is Brown-Forman doing a Jack Daniel's in Ireland?
- AB InBev makes formal offer for SABMiller
- Diageo secures Xerox Corp CFO as finance head
- Tesco pulls several Carlsberg SKUs in UK
- Diageo makes US$780.5m beer deal with Heineken
- SABMiller formally rejects AB InBev's offer
- The IWSR Duty Free/Travel Retail Summary Report 2015
- Future growth opportunities for global spirits
- Global gin insights - market data, product innovation and consumer trends research
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends research
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research