UK Trade magazine Harpers report today that South African company Origin Wines has taken over the assets of the failed Orbital Wines. Those assets include the UK rights to the Stormhoek.
Harper's exclusive report Bernard Fontannaz, MD of Origin Wines saying “By taking on the assets of the company we have avoided getting tangled up with legal issues and taking on deals we are not comfortable with.”
In other words, they are not taking over Orbital and its staff.
Showing posts with label Orbital Wines. Show all posts
Showing posts with label Orbital Wines. Show all posts
07 February 2008
08 January 2008
Stormhoek -- "Opportunity for Reinvention"
Stormhoek are putting a brave face on the collapse of parent company Orbital Wines. “From down in South Africa, we view this as an opportunity for reinvention.” Using computing terminology they are calling it “Stormhoek 2.0.”
“In three short years, Stormhoek has grown from zero to about 200,000 cases in the UK market,” says a statement posted today on the Stormhoek website, “For those members of the wine trade fraternity who may suffer in Orbital’s reorganization, we are sorry and we are working with them to minimize any problems. We hope that we can make it up to you in the future with mutually beneficial business.”
Meanwhile “back at the vineyard, we are busy thinking about harvest and the more mundane things we need to do to get wines made and in the hands of customers around the world.”
“In three short years, Stormhoek has grown from zero to about 200,000 cases in the UK market,” says a statement posted today on the Stormhoek website, “For those members of the wine trade fraternity who may suffer in Orbital’s reorganization, we are sorry and we are working with them to minimize any problems. We hope that we can make it up to you in the future with mutually beneficial business.”
Meanwhile “back at the vineyard, we are busy thinking about harvest and the more mundane things we need to do to get wines made and in the hands of customers around the world.”
07 January 2008
Stormhoek "In Administration"
Stormhoek, famous for their unconventional marketing via blogging (not to mention an easy drinking, modern style Pinotage) have collapsed "into administration" reports UK's Off Licence News after cash-flow problems.
The administrator is said to be looking for a buyer for the company as a going concern but all ten off the staff, including founder Nick Dymoke-Marr, failed to get Christmas pay cheques and were handed redundancy notices this week.
A truly sad setback for such an innovative business. I wish all the staff the best for 2008.
The administrator is said to be looking for a buyer for the company as a going concern but all ten off the staff, including founder Nick Dymoke-Marr, failed to get Christmas pay cheques and were handed redundancy notices this week.
A truly sad setback for such an innovative business. I wish all the staff the best for 2008.
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