| Business Summary | | Geerlings
&
Wade,
Inc.
is
a
direct
marketer
and
Internet
retailer
of
premium,
imported
and
domestic
wines
and
wine-related
merchandise
to
individual
consumers.
The
Company
offers
its
products
through
frequent
mailings
to
existing
and
potential
customers
and
through
e-commerce
Websites.
The
Company's
imported
wines
are
sourced
primarily
from
France,
Italy,
Australia
and
Chile.
The
Company
also
sources
a
few
wines
each
year
from
Argentina,
New
Zealand,
South
Africa,
Germany
and
Spain.
The
Company's
domestic
wines
are
sourced
primarily
from
California,
most
of
which
are
sold
under
private
labels,
including
the
Company's
own
brands,
which
include
Glass
Ridge,
J.
Krant
Cellars,
Hamilton
Estates,
Alazar
Winery,
Amsbury
Winery,
Bryan
Woods
Winery,
Devina
Estates,
Domaine
Paul,
Jack
Canyon
Cellars,
Lapis
Lazuli
Winery
&
Vineyards,
Mariel
Winery,
Mira
Luna,
Mischler
Estates,
Red
Brick
Cellars,
San
Valencia
Winery
and
St.
Carolyne
Winery. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Geerlings
and
Wade,
Inc.
is
a
direct
marketer
of
premium
imported
and
domestic
wines,
and
wine-related
merchandise
to
individual
consumers
in
the
United
States.
For
the
six
months
ended
6/30/01,
revenues
decreased
16%
to
$15
million.
Net
loss
decreased
61%
to
$302
thousand.
Revenues
reflect
reduced
circulations
of
mail
pieces
and
lower
response
rate
to
mailings.
Lower
loss
benefitted
from
decreased
marketing
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Huib Geerlings, 46 Chairman
ad Director | -- | David Pearce, 42 Pres,
CEO, Chief Financial Officer, Treasurer and Clerk | $256K | Gregg Kober, 38 VP-Operations | -- | Darlene Metcalf, 42 VP
of Sales and Customer Service | -- | Eric Welter, 31 VP
of Marketing | 144K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|