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jerryking : vineyards   16

Luxury Brands Buy Supply Chains to Ensure Meeting Demand
Nov. 15, 2018 | The New York Times | By Mark Ellwood.

The luxury markets are booming to such an extent that brands look to ensure they can meet demand by buying companies that supply their raw materials.

In the last six years, David Duncan has been on a buying spree. This Napa Valley-based winemaker and owner of Silver Oak Cellars hasn’t been splurging on fast cars or vacation homes, though. He’s been buying up vines — close to 500 acres in Northern California and Oregon.

It’s been a tough process, at times: He almost lost one site to a wealthy Chinese bidder. It was only when he raised his offer by $1 million that he clinched the sale at the last moment. At the same time, Mr. Duncan also took full control of A&K Cooperage, now the Oak Cooperage, the barrel maker in Higbee, Mo., in which his family had long held a stake. These hefty acquisitions are central to his 50-year plan to future-proof the family business against a changing luxury marketplace.

As Mr. Duncan realized, this market faces what might seem an enviable problem: a surfeit of demand for its limited supply. The challenge the winery will face over the next decade is not marketing, or finding customers, but finding enough high-quality raw materials to sate the looming boom in demand. Though there might be economic uncertainty among the middle classes, wealthier consumers are feeling confident and richer because of changes like looser business regulations and lower taxes.
affluence  artisan_hobbies_&_crafts  brands  competitive_advantage  core_competencies  future-proofing  high_net_worth  high-quality  luxury  raw_materials  scarcity  supply_chains  sustainability  vertical_integration  vineyards 
november 2018 by jerryking
China Luxuriates in African Chocolate, Wine - WSJ
By PATRICK MCGROARTY and DREW HINSHAW CONNECT
May 8, 2014
China  South_Africa  wines  vineyards 
november 2014 by jerryking
Bob McCown hits sports broadcast milestones and is still going strong - The Globe and Mail
COURTNEY SHEA
Special to The Globe and Mail
Published Sunday, Sep. 28 2014,

Over the past few years, friends were always saying to me that I should be “expanding my brand.” I didn’t really think much of it at first, but then about three years ago I made a list of other sorts of projects that I might be interested in getting involved in. I picked my two favourites, which were to form my own production company and to own a winery. I did both of those things, launching Fadoo Productions and buying Stoney Ridge Winery. Both have been going even better than I could have predicted. The production company recently shot the new Rush concert video which went to No. 1 on Billboard the first week it was out. It’s funny because the whole reason for starting these projects was to see if the value of this brand I had created could translate to ventures outside of broadcasting, but what I didn’t realize was how being part of new projects would contribute to my existing work.
passions  passion_investing  personal_branding  product_launches  radio  sports  broadcasting  vineyards  sportscasting 
september 2014 by jerryking
A Family Goes Back to Its Roots - WSJ.com
September 19, 2013 | WSJ | By SARAH TILTON.
A Family Goes Back to Its Roots
Four brothers who initially chose different professional paths eventually return to their farming heritage, and now lead one of the few African-American-owned wineries in the country
vineyards  wines  African-Americans  viti­culture  family-owned_businesses 
september 2013 by jerryking
Vineyard Ventures
California vineyards are on the upswing as investors move to capitalize on surging demand for wine, brokers say. Among the buyers are private-equity firms as well as investment groups that specialize in wine-relqted proje_cts. Industry insiders “are convinced there will be a grape shortage, and that’s driving up prices for vineyard land,” says David Ashcraft a broker associate at Bergman-Euro National, a Napa Valley real-estate agency.
In October, a vineyard near St. Helena sold the day it was listed, he says. The $13.5 million price translates to about $225,000 per usable acre for planting, well above average, Mr. Ashcraft says. The upturn is limited so far to highqualhtyr vineyards in Northern California and, to some extent, along the central coast, he says.
Tony Ford of Full Spectrum Properties cites the $250 million-plus purchase of Duckhorn move into a more conservative mid- to longterm investment, and given the demand for wine, that fits the vineyard market,” he says.
private_equity  passions  vineyards  insiders 
august 2012 by jerryking
LVMH Bottles Up Champagne Market - WSJ.com
JANUARY 2, 2008 | WSJ | By CHRISTINA PASSARIELLO

LVMH Bottles Up Champagne Market
To Win Long Contracts From Grape Growers, Firm Helps Farmers.

The conglomerate, controlled by French billionaire Bernard Arnault, has managed in recent years to lay claim to the largest share by far of the Champagne region's limited grape output. LVMH has done that by cultivating the independent growers who raise most of the grapes -- including by offering them free farming help....LVMH's offer to these reluctant grape growers is a formula used in industries from autos to software makers: an after-sales service. Technical services such as determining the presence of mildew and parasites and identifying which grapes are maturing the fastest are provided free. By law, champagne houses have to charge for field services, including grape picking; LVMH provides those at cost.
LVMH  farming  Champagne  liquor  France  vineyards  loyalty  JCK  after-sales_service  customer_loyalty 
november 2011 by jerryking
FT.com / Business Life - On the path from superplonk to premier cru
Published: June 21 2005 18:46 | Last updated: June 21 2005 18:46 Financial Times by Eric Jansson.
wines  viti­culture  Macedonian  ProQuest  vineyards 
march 2009 by jerryking
From Philosopher to Vintner - WSJ Magazine
March 5, 2009 WSJ Magazine article by By: Alice Feiring on
Former Greek philosophy professor Abe Schoener on his second career,
Napa’s Scholium Wines
Second_Acts  wines  viti­culture  vineyards  self-actualization 
march 2009 by jerryking

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