Talking Wine – December 2012
Waverley TBS, a very large wine and spirits distributor, has gone into liquidation. They tended to specialise in the bottom end of the market and are just the latest casualty in the wine trade which has seen its fair share of mergers, acquisitions and bankruptcies over the last year or so. Many observers are not surprised as it appears that they were trying to undercut the competition with prices that were clearly unsustainable in order to capture market share. Another sad piece of news is the demise of the Summertown Wine Café in South Parade, Oxford. This was not only a good meeting place but also sold an interesting selection of wine which challenged my blind tasting skills to the limit! There are rumours that it may reopen in some other guise and by the time this is printed there may well be news on that front but in the meantime North Oxford has lost a good venue for civilised drinking.