Vina Tabali is a magical place within the Limari Valley about 400 km. north of Santiago de Chile. I had the opportunity to taste the Tabali wines a few months ago and was impressed across the board, from the Sauvignon Blanc, through the Carmenere, to the Pinot Noir all the way to the Cabernet Sauvignon. The [...]
I’ve written about this subject before… but I’ve just read the best, concise analysis of what has happened with California wines during this downturn, compared to wines that come from elsewhere. Why have sales slowed down? In essence prices…California wine sales were down in 2009 for the first time in 16 years. Some pretty sobering revelations [...]
It is not easy to find good, quality, well made California wines at what may be considered value price points, but I may have just found another good brand to add to the Rad Grapes portfolio. Sometimes you just get lucky…I have not added any California wines to our book in well over 2 years, simply [...]
Thursday, January 21, 2010
Morgan Stanley Sees More Growth Potential in Wine
Dear Client:
Does wine have better future growth prospects than beer and spirits? Morgan Stanley thinks so after studying results from a consumer survey and wholesaler survey, along with GuestMetric’s on-premise data. In their survey, the majority of wine, spirits and beer wholesalers agreed that the wine [...]
Governor Paterson has proposed to change NY State Liquor laws in a relatively drastic fashion, including allowing wine sales in grocery stores, letting current wine shops sell many other items, allowing multiple ownership of retail stores and also extending the credit window for retail customers from 30 to 60 days. I certainly disagree with a few [...]
Rad Grapes started our partnership with Del Rio Vineyards just over a year ago and we are already making a splash. We have done very well with the Del Rio and Rock Point wines, since their introduction in NY, so well in fact that we are getting television coverage for our hard efforts. My good friend [...]