Comments on: Who’s making money? Who isn’t? http://www.steveheimoff.com/index.php/2010/01/29/whos-making-money-who-isnt/ A blog about the world of wine Wed, 08 Feb 2012 10:15:23 +0000 hourly 1 http://wordpress.org/?v=3.0.3 By: Lisa Mattson http://www.steveheimoff.com/index.php/2010/01/29/whos-making-money-who-isnt/comment-page-1/#comment-30280 Lisa Mattson Wed, 03 Feb 2010 14:29:41 +0000 http://www.steveheimoff.com/?p=5172#comment-30280 Hi Steve, I think David's second point is accurate in many cases. Jordan ended 2009 up 5% in revenue, but we didn't turn the information into a news announcement. I think I told maybe three people, one of whom was Patty Roth, who mentioned our success during the Recession in the current issue of Wine Business Monthly (tasting room traffic report story). Best, Lisa Hi Steve,
I think David’s second point is accurate in many cases. Jordan ended 2009 up 5% in revenue, but we didn’t turn the information into a news announcement. I think I told maybe three people, one of whom was Patty Roth, who mentioned our success during the Recession in the current issue of Wine Business Monthly (tasting room traffic report story).
Best,
Lisa

]]> By: Brother Timothy http://www.steveheimoff.com/index.php/2010/01/29/whos-making-money-who-isnt/comment-page-1/#comment-30071 Brother Timothy Tue, 02 Feb 2010 03:37:52 +0000 http://www.steveheimoff.com/?p=5172#comment-30071 Hi Steve, great blog as usual. Roger, just a short comment on the Bankers' view. I believe that their view is not a random sample, because the banks are extremely careful who they lend to in the wine industry. Since they have such in-depth information on the wineries' strategies, cost structures, earnings history, margins, debt ratios, etc, they can "cherry-pick" the most risk-attractive winery clients. So, they are having a much higher than average number of successful clients during this economic downturn. That is probably why we don't hear them spouting gloom and doom. Hi Steve, great blog as usual. Roger, just a short comment on the Bankers’ view. I believe that their view is not a random sample, because the banks are extremely careful who they lend to in the wine industry. Since they have such in-depth information on the wineries’ strategies, cost structures, earnings history, margins, debt ratios, etc, they can “cherry-pick” the most risk-attractive winery clients. So, they are having a much higher than average number of successful clients during this economic downturn. That is probably why we don’t hear them spouting gloom and doom.

]]> By: Steve McIntosh http://www.steveheimoff.com/index.php/2010/01/29/whos-making-money-who-isnt/comment-page-1/#comment-30019 Steve McIntosh Mon, 01 Feb 2010 16:45:14 +0000 http://www.steveheimoff.com/?p=5172#comment-30019 Interesting piece that draws into focus some difficult questions a lot of us don't want to acknowledge. Should be interesting to see what happens at the barrel auction later this month. Looking forward to your panel at the Symposium. Interesting piece that draws into focus some difficult questions a lot of us don’t want to acknowledge. Should be interesting to see what happens at the barrel auction later this month.

Looking forward to your panel at the Symposium.

]]> By: David http://www.steveheimoff.com/index.php/2010/01/29/whos-making-money-who-isnt/comment-page-1/#comment-29770 David Sat, 30 Jan 2010 13:46:03 +0000 http://www.steveheimoff.com/?p=5172#comment-29770 David Graves, Sorry is my post came off as though I'm not in touch with the difficulties of some producers and distributors. I think I mentioned that things are more difficult than in the past. The media isn't making it up, but they are overstating the problems. Your reaction, as well as that of Shane's, is exactly what I am talking about in my second point. Those that are doing well just don't want to say anything because those that are having stuggles aren't in the mood to hear it. I don't blame them. The fact is that 83% of the people in the country still have their jobs and have money to spend. The 17% that are struggling don't want to hear about it so the 83% just keep a low profile. I think the fact that we are having this dialogue bodes well for the future(2011 and beyond). 12 months ago everyone was too depressed to even discuss the possibility of a brighter tomorrow. David Graves,

Sorry is my post came off as though I’m not in touch with the difficulties of some producers and distributors. I think I mentioned that things are more difficult than in the past. The media isn’t making it up, but they are overstating the problems.

Your reaction, as well as that of Shane’s, is exactly what I am talking about in my second point. Those that are doing well just don’t want to say anything because those that are having stuggles aren’t in the mood to hear it. I don’t blame them.

The fact is that 83% of the people in the country still have their jobs and have money to spend. The 17% that are struggling don’t want to hear about it so the 83% just keep a low profile.

I think the fact that we are having this dialogue bodes well for the future(2011 and beyond). 12 months ago everyone was too depressed to even discuss the possibility of a brighter tomorrow.

]]> By: Brett Krausse http://www.steveheimoff.com/index.php/2010/01/29/whos-making-money-who-isnt/comment-page-1/#comment-29701 Brett Krausse Sat, 30 Jan 2010 02:08:35 +0000 http://www.steveheimoff.com/?p=5172#comment-29701 like the 2006 Cambria Julia's Vineyard for instance, which is why they are saying that the $75+ range is dead. like the 2006 Cambria Julia’s Vineyard for instance, which is why they are saying that the $75+ range is dead.

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