Oyster Bay owner Delegat to raise prices in UK, citing Brexit vote

Tue, 06 Dec 2016

By Edwin Mitson Dec. 6 (BusinessDesk) - Delegat Group, the owner of Oyster Bay wine, has warned it will have to increase prices in the UK due to the sustained weakness of the pound following the vote for Britain to leave the European Union. Oyster Bay sauvignon blanc, chardonnay and merlot are the best selling wines above 8 British pounds in the UK, irrespective of country of origin, Delegat executive chairman Jim Delegat told shareholders at their annual meeting in Auckland, while Oyster Bay pinot noir is the best-selling pinot noir abo...

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