Archive for the ‘Wine Business’ Category
In a previous post I commented on the factors that go into determining if a wine is overpriced. I almost immediately got emails that painfully explained that no matter the fact that all these expensive Napa Valley wines sell out, they are in fact over priced. Clearly a great many very expensive Napa Valley wines are not overpriced despite the fact that they cost upwards of $100, $200, $300 or $500 per bottle. But it did raise the question, why…
I was told today that the wines of one my Wark Communications winery clients was “overpriced”. The person who told me this was wrong. It’s not that the wine was overpriced. It was that the wine cost more than they were willing to pay. I want to explain this. A wine is priced correctly when the seller of the wine can find enough buyers at the stated price to sell out the inventory before the next vintage of the same…
“I think in five to 10 years as the laws change, you’ll see many high-end restaurants adopt cannabis programs much like the wine programs they currently offer. After all, allowing patrons to smoke or vaporize cannabis during a meal or before being seated will pique their appetites and encourage increased spending, which creates another large revenue stream for the restaurant industry.” Elise McDonough, Recipe Columnist,High Times Magazine Quoted from The Observer There is something distasteful about the idea that restaurants…
I think the success of “Sour Grapes” has a great deal to do with our innate desire to see the rich and famous taken down a notch. And that’s exactly what happened to many a rich and many a famous person who were exposed to the Rudy Kurniawan, the greatest of all wine fraudsters. Opening on September 16 and produced by film documentarians Jerry Rothwell and Reuben Atlas, Sour Grapes documents the rise and fall of Rudi Kurniawan, a wine…
Greg Walter isn’t just one of the good guys of wine, he’s one of the really important guys of wine. He has more that 35 years of communicating about wine under his belt. He has served as one of key developers of the Wine Spectator that helped bring millions into the wine drinking community. He has been editor of the influential Pinot Report that has introduced Pinot lovers to so many great Pinot Noirs and helped bring Pinot out of…
