Wine Vision Live News Blog: Tesco's Dan Jago vision of being a world class wine business
6pm
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Read more..."Sometimes people ask me: 'Why do you sell to supermarkets?' I'm astounded by the question. If I didn't, we would have to lay off at least 80% of our staff and sack
more than 90% of our growers."
"I call our approach the 'string of pearls' - we keep each winery separate, with its own manager, its own name and winemaker. Then we have the string through the pearls which is the back-of-house admin"
Read more..."I don't like to see amateurs getting into vineyards. They don't realise that it takes a long time for it to be profitable - as the saying goes: "How do you make a small fortune out of a vineyard? Start with a large fortune."
Read more...11am: E-commerce and online wine sales is helping to democratise the Chinese wine market and open up the global world of wine to consumers in even the most remote parts of China, delegates heard at the second day of the Wine Visionconference in London.
Read more...Industry leaders issued stark warnings about making wine less intimidating for consumers and moving the focus away from price at today's Wine Visionconference in London.
Read more...5pm: If wine brands are going to get anywhere near the consumer impact of a Nike or an Apple then they need to understand that being social is not just not about marketing it is the new way of doing business, according to advertising executive Stephen Woodord of Lexis agency at today's Wine Visionglobal wine conference in London.
Read more...3.15pm:The wine industry can learn a great deal from how the restaurant and food sector has found ways to cut through to the masses by connecting with consumers by promoting artisan and authentic food styles and restaurant trends, according to wine consultant, Paul Henry, chair of Wine Vision, London's biggest ever wine conference which opened this afternoon.
Read more...The biggest international wine conference ever held in London kicks off this afternoon with the inaugural Wine Vision summit organised by William Reed Business Media, publishers of Harpers.co.uk.
Read more...Concha y Toro's Fetzer winery in Mendocino, California has launched a red and a white blend into Tesco. The red blend is called Crimson and the white is called Quartz.
Read more...The 153rd Hospices de Beaune auction yesterday resulted in its highest sale since 2000, raising over €6.3m, nearly 400k euros more than last year.
Read more...Biercraft is a new drinks distributor that hopes to offer independent wine merchants and premium restaurants the same level of service they are used to receiving from specialist wine suppliers - but for the emerging craft-beer sector.
Read more...Diageo's 2013 World Class bartender competition has been made into a four-part TV series, set to air this month.
Read more...The hangover continues for Treasury Wine Estates (TWE) following its AUD $160 million write down earlier in the year; TWE now faces a lawsuit by Melbourne City Investments and second potential class action lawsuit funded by IMF Ltd and Maurice Blackburn lawyers who, to date, have only publicised their potential intent to undertake a shareholder class-action case against TWE but who have not, at this stage, commenced any legal proceedings.
Read more...The 2013 global wine harvest is further confirmation that Europe is losing ground on its dominant position as the largest wine growing continent in the world.
Read more...Carol Emmas talks to Justin Knock MW, winemaking consultant for Cobvevco, the specialist contract bottling company
Read more...New wine launches that offer no back story other than what varietal or blend they are are not going to connect with modern wine consumers, warns Ted Baseler, president and chief executive of US winery, Ste Michelle Wine Estates, speaking ahead of this month's Wine Vision conference in London.
Read more...The worldwide production of wine in 2013 is up by over 10% on the 2012 vintage, according to the latest figures from the OIV (Organisation Internationale de la Vigne et du Vin).
Read more...Buyers are currently experiencing a certain sense of relief as the global bulk wine supply has opened up and created a slight breathing space. Big harvests this year in the Southern hemisphere helped relieve the pressure from the losses of the 2012 European harvest. The 2013 Northern hemisphere harvests are indicating a return to average crop levels in Europe, and California is set to have another big crop which will help to continue the trend.
Read more...Buy some wine stock and lock the bottles up - a wine shortage may be on the horizon. Morgan Stanley Research released a report titled, "The Global Wine Industry" this week, calling out the risk of an impending 'shortage'.
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