Europe is toast. Wine is a secondary or derivative spend. Been drinking Daou cabernet from Paso Robles for the past two years. Only time I miss the French is during Beaujolais nouveau, which kicks off the holiday season.
Britain better stand strong, because they were right to divorce themselves from dying economies. Britain’s sparkling wine are every bit as good as Champagne, with the exception of some vintage chateaus.
Germany’s Mittelstand is dying.
Plenty of very good wine from California...