Yesterday's Budgetary increase in duty on wine made me pause for thought. This is a summary what I thought: over the past year the wine retail sector has seen a reduction in gross profit of 28% and yesterday's duty increase could make that 42% in 2 years. How? Read on...
About Me
- DermotMW
- Dublin, Ireland
- Hi, I'm Dermot Nolan, and I became a Master of Wine (MW) in 1997, and resigned from the Institute of Masters of Wine in 2023 after being an MW for exactly 26 years. I opened a wine shop in Dún Laoghaire, Ireland, called The Wine Library, which closed in 2018, and this is my personal wine blog. I will do my utmost to be fair and responsible in my posts – please read my Who Pays article in re the ethics of wine trips and writing. I have worked in wine education, retail, and consultancy since 1990. I was a Director of the Institute of Masters of Wine (IMW) from 2008 to 2014 and was also a member of the Events Committee, founder of the Trips Committee, and member of the Governance Committee. Having had problems with potentially libellous comments from unidentifiable posters, I now require that if you post a comment, you must identify yourself properly or it won't be published. Please note that I do not review products or services on request so kindly don't ask. I value my independence and I believe my readers (few that they may be) do so also.
Wednesday, October 16, 2013
Thursday, October 10, 2013
Sad news...
Sad news today that Nick Baile MW died yesterday. Nick founded Oddbins a long time ago and was one of the old guard of the IMW, having passed in 1961. I met Nick a few times and always found him a good person to be sitting beside at dinner.
This brings our number back down to 312. By the way, the number of "Irish" MWs grows - this year we have two from Northern Ireland, Barry Dick MW and Ann McHale MW.
So far the "Irish" are:
Robin Kinahan (N.I.), Alan Crowley (R.O.I.), Martin Moran (U.K.), Dermot Nolan (R.O.I.), Jane Boyce (N.I.), Carmel Kilcline (R.O.I.), Fergal Tynan (R.O.I.), Mary Gorman-McAdams (R.O.I.), Barry Dick (N.I.) and Ann McHale (N.I.): 10 in total with 6 men and 4 women.
This brings our number back down to 312. By the way, the number of "Irish" MWs grows - this year we have two from Northern Ireland, Barry Dick MW and Ann McHale MW.
So far the "Irish" are:
Robin Kinahan (N.I.), Alan Crowley (R.O.I.), Martin Moran (U.K.), Dermot Nolan (R.O.I.), Jane Boyce (N.I.), Carmel Kilcline (R.O.I.), Fergal Tynan (R.O.I.), Mary Gorman-McAdams (R.O.I.), Barry Dick (N.I.) and Ann McHale (N.I.): 10 in total with 6 men and 4 women.
Friday, September 6, 2013
312 and counting
Great news today from the Institute of Masters of Wine (IMW) announcing 8 new Masters of Wine (MWs) bringing this year's passes up to 11 in total. Included are the first Turkish MW, Ms Dilek Caner MW working in the US as well two other Irish MWs, Mr Barry Dick MW from Northern Ireland and Ms Ann McHale MW, also from Northern Ireland. Good news too in that Lynne Coyle, the head buyer for O'Brien's Fine Wines, has now one step left, the Dissertation, so I hope all will join in congratulating those who passed and encouraging Lynne for next year.
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