France’s federation for wine co-operatives, the CCVF, has called for retailers to pay producers at least 10% more for their wines.
The CCVF said that better market conditions, weaker stock levels and a smaller forecast harvest in 2010 justified price increases. Co-operatives account for approximately 50% of wine production in France.
Go deeper with GlobalData
“Growers need to be compensated for the ground lost on prices last year,” said CCVF president Denis Verdier this week. He said prices paid to producers have fallen by 10% in the last year, with cheaper wines worst hit.
“It’s not for consumers to pay for the increase we are demanding,” said Verdier. “The solution lies in retailers’ margins.”
Stay informed for just £1! *
Get access to unbiased and data-driven news with a subscription to Just Drinks.
What’s included in your subscription:
- Unlimited access to Just Drinks content including daily global news, in-depth analysis, and interviews with C-suite executives
- Unbeatable coverage of categories from beer, wine and spirits to soft drinks and hot
beverages - Unrivalled drinks industry comment from Dean Best, Jessica Broadbent and leading sector specialists
Have a Subscribtion Sign in
Get help with subscribing or signing in
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData*30-day digital subscription for £1. Available to new subscribers only
