In the middle of 2021, US wine professionals learned of the launch of a new digital platform to stand alongside Vivino, WineSearcher and CellarTracker. A year after its launch, following the failure to raise a third round of funding, after the earlier investment of $7m, despite recurring revenue of $600,000 that apparently exceeded initial projections, the Drop has effectively closed and Mabray is looking for partners to enable his business to achieve its objectives.
In this exclusive, lengthy interview, he answers some tough questions.
Dr. Anja Zimmer has taken over as editor-in-chief of the online publication, MEININGER'S WINE BUSINESS INTERNATIONAL. She succeeds Alexandra Wrann, who became co-editor-in-chief of WEINWIRTSCHAFT at the beginning of 2022.
Gift boxes for Bordeaux, a 70 year-old Australian wine retailer being repackaged as the Greatest Showman, Greece's top white grape and the Polish wine market. Just a few of the stories in this week's newsletter, introduced by editor at large, Robert Joseph
Former rock group manager, Washington State winemaker Charles Smith released his first vintage – of just 330 cases - in 2001. Over the next 13 years, he was named Winemaker of the Year by three publications, including the Wine Enthusiast, and his eye-catchingly labeled and full-flavoured wines had become pat of the US wine landscape. In 2016, he sold five of his brands to Constellation for $120m. WEINWIRTSCHAFT asked him a few questions.
Because fewer glass containers are being recycled, entrepreneurs re-examine an old idea – reusable glass bottles – to increase wine industry sustainability. Roger Morris looks for the genie in the bottle.
The French wine industry has been hit hard in recent months. Climate change is exacerbating the situation. The structure of the cooperatives is sustainable, but the call for reforms is growing. Iris Trenkner-Panwitz reports.
The Ahr Valley is hardly recognizable after the flood. Residents and winegrowers are cleaning up with the support of many volunteers and looking ahead. Solidarity and support also come from the trade. Simon Werner was on site.
Non-alcoholic beverages are in vogue. Wine without alcohol is becoming increasingly important in this growth segment. More and more de-alcoholised wines are coming onto the market. The quality of the products is steadily increasing. Germany's renowned wine trade magazine WEINWIRTSCHAFT has tested more than 160 non-alcoholic wines in the largest tasting to date.