Feb 2002 Issue of Wine Business Monthly
For Chilean wines, the 1990s was a decade of phenomenal growth in exports, and equally, in acclaim. Exports have skyrocketed for this once unrecognized land of wine. Awards in diverse international wine competitions have piled up. But an overproduction of wine both in Chile and globally, combined with the need for greater investment in storage facilities in Chile and a worldwide drop in prices, has the Chilean wine industry engaging in a strategic pause about its future. For centuries, Chi...
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