Globalization top topic at wine industry symposium

A number of references were made to the globalization of wine during the 15th annual Wine Industry Financial Symposium last week at the Meritage Resort — indeed, that was the theme of the meeting: “Growth and Profit Strategies in a Maturing Global Industry.” But none were as potentially provocative as one by Donny Sebastiani when he said wine appellations around the world are coming out with wines competitive with Napa’s at lower prices.