Showing posts with label wine. Show all posts
Showing posts with label wine. Show all posts

Bear Sorry about Drinking

Bear sorry about drinking alcohol
"I will never drink again."
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Festive Dog Enjoys a Glass of Wine

Dog is naughty with his pre-dinner drink.





           "Just a glass before dinner."

Dog drinks wine
"Just one glass before dinner."
Funny Animal Pictures
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JUST A LITTLE DRINK
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Australian Wine Industry is into the Red

Members moves on from the Australian Wine Society.
It seems just about everybody is investing in vineyards. The wine industry has drawn in big investors and hobbyists. Unfortunately, people do not think before they jump in. They are seeking to fulfill a dream: there is a certain amount of glamour involved in saying I am a wine maker, a vintner.

There is a world glut of wine, particularly the cheap ones. Nations have pushed to establish new vineyards. It has had the aura of a local car industry or airline. Newcomers enter the industry all the time without doing any research and little training.
Australian Wine Society
Too much drinking not enough thinking
It is not surprise to hear that the oldest wine club in Australia founded in 1946 is literally in the red, by a shocking amount. It owes a staggering $4.2 million to its wine producers. It operates as a distributor, buy and selling, though ostensibly not-for-profit. Supermarket chains sell nearly all wine in Australia and in a situation of oversupply they don't pay much for it. These major players "do" their homework, unlike the suppliers.

The Wine Society is in deep trouble. Things are so bad that membership of the prestigious club has fallen by a quarter over the last three years. Demand for premium wines which used to have a high, profitable markeup has dramatically declined. Consumers buy more of the cheap stuff.

To clear the debt a complicated "splitting" of the business is taking place. However, selling the wholesale section to the Fogarty Wine Group for a measly $75,000 will not help its finances at all. Though it will allow the society to borrow $3 million. Taking on more debt is folly.
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NO PROFIT IN WINE
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Australian Wine Society Million of Dollars in Debt

HEALTH
It seems just about everybody is investing in vineyards. The wine industry has drawn in big investors and hobbyists. Unfortunately, people do not think before they jump in. They are seeking to fulfill a dream: there is a certain amount of glamour involved in saying I am a wine maker, a vintner.
Wine society drinking
Too much drinking not enough thinking
There is a world glut of wine, particularly the cheap ones. Nations have pushed to establish new vineyards. It has the aura of a local car industry or airline. Newcomers enter the industry all the time without doing any research and little training.

It is no surprise to hear that the oldest wine club in Australia founded in 1946 is in the red, by a shocking amount. It owes a staggering $4.2 million to its wine producers. It operates as a distributor, buy and selling, though ostensibly not-for-profit. Supermarket chains sell nearly all wine in Australia and in a situation of oversupply they don't pay much for it. These major players "do" their homework, unlike the suppliers.

The Wine Society is in deep trouble. Things are so bad that membership of the prestigious club has fallen by a quarter over the last three years. Demand for premium wines which used to have a high, profitable markeup has dramatically decline. Consumers buy more of the cheap stuff.

To clear the debt a complicated "splitting" of the business is taking place. However, selling the wholesale section to the Fogarty Wine Group for a measly $75,000 will not help its finances are all. This will allow the society to borrow $3 million. Taking on more debt is folly.
 Society by Ty Buchanan 
 Australian Blog
 
            Australian Blog   Adventure Australia
ALL BLOG ARTICLES· ──► (BLOG HOME PAGE)

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Animal Wine

"
"This is a fine vintage."
Funny Animal Photos by Ty Buchanan
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Funny Animal Photos by Ty Buchanan
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