Moderators: Jenise, Robin Garr, David M. Bueker
David M. Bueker
Riesling Guru
34257
Thu Mar 23, 2006 11:52 am
Connecticut
David M. Bueker
Riesling Guru
34257
Thu Mar 23, 2006 11:52 am
Connecticut
Steve Slatcher
Wine guru
1047
Sat Aug 19, 2006 11:51 am
Manchester, England
David M. Bueker
Riesling Guru
34257
Thu Mar 23, 2006 11:52 am
Connecticut
David M. Bueker wrote:Robin, big money, even corporate money, brings resources. That allows the purchase of good vineyards, and high quality facilities. Those things are very helpful in making great wine.
David M. Bueker
Riesling Guru
34257
Thu Mar 23, 2006 11:52 am
Connecticut
Robin Garr wrote:David M. Bueker wrote:Robin, big money, even corporate money, brings resources. That allows the purchase of good vineyards, and high quality facilities. Those things are very helpful in making great wine.
No question. It also has the potential to bring a bean-counter, quarterly balance-sheet mentality in many industries, but certainly luxury goods like high-end wines may be able to push back against that. Sometimes.
Rahsaan wrote: And I'm not sure anyone invests in wine for a quarterly return on money?
Dale Williams
Compassionate Connoisseur
11125
Tue Mar 21, 2006 4:32 pm
Dobbs Ferry, NY (NYC metro)
Dale Williams wrote:LMVH owns Krug as well as DP and M&C. If you exclude DP (which is now set up separately from M&C in LMVH corporate structure and as David says a different team) shouldn't you exclude Krug?
It's also hard to say what is "high quality". I don't happen to be a Krug fan, it's not stylistically my favorite.
David M. Bueker
Riesling Guru
34257
Thu Mar 23, 2006 11:52 am
Connecticut
Steve Slatcher
Wine guru
1047
Sat Aug 19, 2006 11:51 am
Manchester, England
David M. Bueker
Riesling Guru
34257
Thu Mar 23, 2006 11:52 am
Connecticut
Steve Slatcher wrote:Tim, I think you are right that the emphasis is on keeping the prices high. The image of spending on "high quality" production (effective or not) is all part of the marketing, e.g. fancy new cellars, with all the barriques neatly lined up with bands of wine stains to make a nice pattern.
Still though, it would be interesting to listen in to discussions on cost items less visible to media and customers. Me? A cynic?
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