Categorized | News, Wines

French Wine Group Collapses

French wine group Chamarré has collapsed into receivership.

Chamarré was placed into receivership on Friday (11 June), according to an announcement to the Paris Stock Exchange.

The group’s shares ceased trading last month, following a series of sharp declines stretching back to November last year.

Chamarré was set up at the end of 2005 as a marketing vehicle for French wines and news of its demise will be a blow to the industry.

Friday, July 28, 12:47 am

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