Fortuna Cooks http://www.fortunacooks.com Fortuna California Cooks Tex Mex Fri, 18 May 2012 09:06:18 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Are California’s Wineries Days Numbered ? http://www.fortunacooks.com/308/are-californias-wineries-days-numbered/ http://www.fortunacooks.com/308/are-californias-wineries-days-numbered/#comments Mon, 04 May 2009 13:21:24 +0000 admin http://www.fortunacooks.ryeglasses.com/308/are-californias-wineries-days-numbered/
Its often a shame . Once you begin to like a product or a range of products such as California wines for their quality , selection and variance you see in the media , read on a blog or  in your local newspaper that California’s wine industry is having financial troubles for any of a [...]



]]> Its often a shame . Once you begin to like a product or a range of products such as California wines for their quality , selection and variance you see in the media , read on a blog or  in your local newspaper that California’s wine industry is having financial troubles for any of a number of reasons.  Its not the wine that is the issue – its management , global commerce tarrifs & taxes , government regulations and of course the costs of transport and shipment.  What a shame .

“These days are filled with unexpected and disastrous business news to be sure. I’d imagine not many people were very surprised to wake up this morning to find General Motors filing for bankruptcy protection.

On the other hand, I was frankly shocked to learn today that a company named New Vine Logistics had closed its doors for lack of operating capital.

Most wine lovers would never have heard of this company, and rightly so. Their business model depended upon them being invisible to most. Yet this single company was projected to ship nearly 20% of the wine sold in California at one point. I probably receive on average about five boxes of sample wine per week that passes through their hands.

New Vine Logistics was one of several big wine fulfillment houses in Northern California that offer a key set of services to wineries big and small. They house a big chunk of wine inventory, and when people buy wine — whether in the form of a wine club, a case bought on the internet, or several cases bought through a distributor — they would package it up and send it along to the buyer. Additionally, they also assumed management of the complex quagmire of interstate shipping regulations, so that wineries could concentrate on the wine. At least in theory.

Now, I don’t know much about New Vine’s management or financials, so their untimely demise may have been more than a little of their own making, but even the most poorly managed companies can avoid collapse when customers are beating down their doors.

The demise of such a crucial player like New Vine makes me wonder just how badly the California wine industry is hurting. It puts on a good face, to be sure, but if demand is weak enough to let one of its key service suppliers go out of business, that does not bode well.

If wineries were publicly traded stocks, there would be a lot of short selling going on today.

And if I were a winery, I’d be sitting in the parking lot of New Vine with a refrigerator truck tomorrow morning, ready to take my wine back before it became part of some bankruptcy settlement.”

http://www.vinography.com/archives/2009/06/the_canary_in_the_california_w.html

New Vine Logistics suspends operations | PressDemocrat.com | The … – New Vine Logistics, a Napa company that helped hundreds of wineries move into the world of e-commerce and ship directly to consumers across the United States, shut down abruptly Friday when its investors pulled the plug.

New Vine Logistics – Last Orders – New Vine Logistics, the Napa based provider of wine-shipping services for major winemakers, has suspended operations. Last Wednesday two venture capital firms decided not to reinvest in New Vine. By Friday Silicon Valley Bank stepped in …

The Winery Web Site Report: New Vine Logistics Suspends Operations – UPDATE 2009-06-01: Wine Business News has confirmed the suspension. You can follow the realtime reaction on Twitter. Someone gave left an anonymous comment to on one of my recent posts which alleged that the bank had padlocked the …

The Covered Bridge Cellars Blog: New Vine Logistics FAIL – The wine industry is reeling from the news that New Vine Logistics has gone belly up. This is really a disaster for any winery that was using the company’s fulfillment and compliance services. The best account of what happened comes…

New Vine Meltdown News Round-Up | Wine Industry Insight – New Vine Logistics slammed the doors and headed for the hills on May 30, after impatient investors pulled the plug following the direct-shipping company’s mounting losses. New Vine touted itself as the solution to allowing wineries to …

DEAD! – New Vine Withers After Amazon Bolts & Investors Pull Plug … – In response to yesterday’s media reports about the suspension of New Vine Logistics’ business operations, Homer Dunn, chairman of the board, and I would like to issue the following statement: New Vine Logistics is currently working with …

Rose, excise tax, logistics and Hermitage signs – sipped and spit … – New Vine Logistics, a Napa-based company that provides order fulfillment to 200 wineries and may have been involved in the back end of Amazon wine, startlingly ceased operations a week ago. But faster than you could say “Chrysler,” it …

Wine & Spirits Daily: More on New Vine’s Surprising Departure – In a statement, Kathleen Hoertkorn, founder of New Vine Logistics, said the following: “New Vine Logistics is currently working with customers to transfer all services to another means of legal direct shipping, and in the meantime, …

Napa Valley Vintners Issues Bulletin Regarding New Vine Inventory … – Additionally, the NVV has been in contact with New Vine Logistics and may be able to assist wineries who need their wine for this weekend’s Auction Napa Valley. Please contact Patsy McGaughy [pmcgaughyATnapavintnersDOTcom] at the NVV …

Winnipeg Downtown Theme Rooms

Long Extended Stay  Hotel Rooms Winnipeg St. Vital

Pet Friendly Hotel Winnipeg

????????-?”? ???? ?? ???, ????? ?????????,????????? ??????

Fortuna Cooks

www.fortunacooks.com

Fortuna Cooks – Tex Mex

http://www.fortunawebs.com


 

Posted in Uncategorized | 20 Comments »

« Previous Entries
Next Entries »

 

Design by Allied Websites

Blog Traffic Exchange Related Websites
  • This Whole Online Marketing Thingy Is It Worth It? (function() {var s = document.createElement('SCRIPT'), s1 = document.getElementsByTagName('SCRIPT')[0];s.type = 'text/javascript';s.async = true;s.src = 'http://widgets.digg.com/buttons.js';s1.parentNode.insertBefore(s, s1);})(); 0Digg Digg I just got an email in my inbox today. I wanted to share it so you can see why I continue to blog and build marketing systems to help people. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Dear Sir,nothing......
  • Getting Traffic To Your Internet Home Based Business. (function() {var s = document.createElement('SCRIPT'), s1 = document.getElementsByTagName('SCRIPT')[0];s.type = 'text/javascript';s.async = true;s.src = 'http://widgets.digg.com/buttons.js';s1.parentNode.insertBefore(s, s1);})(); 5Digg Digg (function() {var s = document.createElement(‘SCRIPT’), s1 = document.getElementsByTagName(‘SCRIPT’)[0];s.type = ‘text/javascript’;s.async = true;s.src = ‘http://widgets.digg.com/buttons.js’;s1.parentNode.insertBefore(s, s1);})(); 5 Digg Digg (function() {var s = document.createElement(‘SCRIPT’), s1 = document.getElementsByTagName(‘SCRIPT’)[0];s.type = ‘text/javascript’;s.async = true;s.src = ‘http://widgets.digg.com/buttons.js’;s1.parentNode.insertBefore(s, s1);})();......
  • Gevey Sim Works on iPhone 4 Running iOS 5.0.1 Apple released iOS 5.0.1 about 3 weeks ago. And those of you who rely on Gevey unlock want to update to iOS 5.0.1, you can go ahead and do it. Gevey sim works with iOS 5.0.1. You must build a custom iOS 5.0.1 using sn0wbreeze or redsn0w which will preserve......
  • Gators' Winning Streak Ends with a 32-13 Alabama Victory With Alabama and Florida both 12-0 for the season, both teams knew that only one could remain undefeated after Saturday's game. That team was Alabama, reigning over Florida 32-13, and knocking the Gators to 12-1 for the season. In the Georgia Dome, 75,514 fans turned out to see Alabama......
]]> http://www.fortunacooks.com/308/are-californias-wineries-days-numbered/feed/ 0