Winemakers warn of a coming Burgundy ‘apocalypse’
Blame the weather or dizzying price spikes, one of the world's most storied wine regions appears to be in a bubbleand it may be about to burst.
New York: For years, vintages of Burgundy have been smaller and smaller, while prices have gone up and up. Rain, floods, and hailstorms have decimated vineyards since 2010, especially in the Côte de Beaune (the southern part of the famous limestone strip that’s home to the most famous vineyards). Growers invested in weird anti-hail devices, but, alas, they haven’t worked. Regional businesses are facing a crisis of how to survive.