Comments Off on International Scientific Forum on Alcohol Research Critique 161: The Effects of Alcohol Consumption on the Risk of Hip Fracture
Among elderly people, falls leading to hip fracture are a major health problem, leading to severe morbidity and mortality. Underlying factors that increase the risk of hip and other fractures include osteoporosis and low bone mineral density, as well a... Read more
Comments Off on Dufry buys World Duty Free, more consolidation predicted
The international head of Fifth Generation, owner of Tito's Handmade Vodka, has said that more consolidation in the global Travel Retail sector is "inevitable" after Dufry agreed a stake purchase deal with World Duty Free (WDF) . Read more
Comments Off on Bacardi acquires Angel’s Envy brand
Bacardi Ltd., Hamilton, Bermuda, expanded its portfolio of super-premium spirits with the acquisition of Louisville-based Angel’s Share Brands; its subsidiary, Louisville Distilling Co.; and its Angel’s Envy brand. This deal mark... Read more
Comments Off on Treasury Wine Estates reveals US, Australian wineries sale
Treasury Wine Estates has announced plans to sell some of its Australian and US wineries and confirmed further job losses as it continues with a major cost-cutting programme.
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Comments Off on Round-Up – The IARD Digest – March 2015
Once a month, the International Alliance for Responsible Drinking, which covers alcohol policies worldwide, looks at what's going on in-market to promote a responsible role for alcohol in society. Read more
Comments Off on Sula Vineyards takes in cut-price Maharashtra storm grapes
India's Sula Vineyards has benefited from bad weather in its home state, with the company taking delivery of a large amount of cut-price, storm-damaged grapes. Read more
There have been a lot of changes over the decades in this business but the pace of change has been accelerating along with everything else in a Moore's Law like exponential pace.
The internet of things today is hardwired into our life existence, right along with integrated circuits that now run our cars, blenders, and refrigerators... which begs the question, can someone hack my referigerator?
It feels almost as if the web has been around forever, and yet I still have the original email I first received from Silicon Valley Bank when they implemented enterprise wide email. The web, social media, direct to consumer sales ... those are all herculean disruptive changes and really have been around less than 20 years. But they haven't happened without blood, sweat and failure in the background.
Pinoeers and Technology
There is an old saying that pioneers get slaughtered while settlers prosper. I have an acquaintance of mine who I first met in 1990 when he was working at the Wine.com startup. Paul Mabray is a pioneer who carries more broken off arrows in his body than normal pioneers, maybe because he tried to bring technology to a traditional 4,000+ year old business?
WineDirect and its predecessor, then moving to VinTank still haven't yet made him a scillionaire. For both Paul, his right hand man James Jory, Monday March the 30 represents their ascendance from pioneers to being settlers because they have announced that the W2O Group has acquired VinTank. [link to release]
Arrows in the Ass
While that makes me happy as a human to see Paul and James pull some of the arrows out of their asses, what makes me just as pleased is to know that the social technology platform that they have been laboring over, has now reached the place where others see that there is commercial application for the platform in this and other businesses as well. Why is that good?
Its good because since I've been around ... and we've established that's a long time, social media has been some non-descript thing-a-mabob, that has drawn thousands to conferences to learn how to attract Millennials to buy their wine, or explain how to create a brand using Facebook, syndicating content with Twitter, or finding target customers with Instagram.
Now with Jim Weiss and his crew adding their platforms, resources and skills to the mix, that is going to spell great things for the wine community, and I am really looking forward to hearing what they have in mind to help move this business forward.
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