Armed with a South African business degree, Mike Ratcliffe studied marketing at the University of Adelaide before returning to work with his parents at Warwick, one of South Africa’s leading wine estates.
Wine Business International
Why are we all here, in a basically unprofitable industry when we could be turning our talents and investment to making spirits or creating video games? Robert Joseph ponders the question.
Armed with a South African business degree, Mike Ratcliffe studied marketing at the University of Adelaide before returning to work with his parents at Warwick, one of South Africa’s leading wine estates. In 1996 he launched Vilafonté, a super-premium joint venture with top US wine experts Zelma Long and Dr Phil Freese, and in 1999 he took over as managing director of Warwick.
Treasury Wine Estates says it plans to cut A$30m in annual costs from its supply chain by fiscal year 2020. The Penfolds maker will consolidate or divest supply chain infrastructure, consolidate underperforming vineyards, and simplify logistics, warehousing and freight arrangements, as part of the cost reduction. Read more.
Leading Chinese wine groups have moved to purchase noted wineries abroad. Changyu Pioneer Wine Company, the oldest and largest wine company in China, announced on September 22 its acquisition of Marques del Atrio, a noted winery in Spain's Rioja wine region in Spain. This represents another strategic buyout for the firm following its takeover of Rollet-Fransac Cognac of France in 2013. Read more.
Two Americans headed to Europe to enjoy its food and wine culture. They ended up founding the Digital Wine Communicators Conference. Here are their insights into the marriage of wine and digital.