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New World 'nerves' mean independents stick to France.

Europe Intelligence Wire

| March 07, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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Byline: OLN news team

France is still the most important country for the UK's independent wine merchants - but its dominance of the sector appears to be slipping, according to exclusive OLN research.

Our survey of 200 of the independents on our database found that France is the main speciality for 48.4 per cent of retailers, down slightly from 53.6 per cent last year.

Australia, in second place, saw a big decline in the number of retailers describing it as their main focus - from 22 per cent in last year's survey to 11.7 per cent this time.

When retailers were asked to name all of their areas of specialism, there were some notable falls for New World countries, with Spain and Italy gaining in popularity.

"There is a lot of nervousness among the independents about doing too much business with the New World countries - they don' want to be in the same arena as the multiples," said OLN consulting editor Graham Holter, ...

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