The Traveling Vineyard going out of business

Sunday, May 02, 2010

Have you ever heard of the Traveling Vineyard? Hopefully none of you got duped into their in-home tasting business. The concept in my opinion was always going to be doomed because who really wants to mix the "Amway Approach" with wine? The reason we drink wine with friends is so we can enjoy eachother and have a great time.....Not so we can get our friends to buy the wine we're tasting.

Anyways, it was reported in the Boston Herald that the Traveling vineyard is filing chapter 7 bankruptcy.

"Just a year after selling off an online wine retailer for $2.5 million, Braintree-based Vinification Ventures Inc. has filed a Chapter 7 bankruptcy petition for its in-home wine tasting company.

Vinification Ventures listed debt of at least $6 million for Traveling Vineyard in court documents filed on Wednesday. Traveling Vineyard is seeking to liquidate after eight years in business."

Looks like the in-home wine tasting thing just couldn't make during these difficult economic times. I'm sure people would much rather buy overpriced make-up and health products from their friends!
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8 comments:

Julie B. said...

Looks like this company is giving it another go ... check out their website ... they are re-opening for business in the fall of 2010.
Hopefully their consultants and ignorant wine drinkers (their wine is awful!) won't be fooled by this attempt at re-invention. Same people, same shady company, same bad wine.

Anonymous said...

Absolutely Julie, but with a CEO who declasred bankruptcy who was already involved again before the bankruptcy was even finalized let's see if the attorney general allows a reopen in the end!

Anonymous said...

I recently went to a TTV tasting and there was about 20 people. We had a blast and the wines were great so I don't know what you're talking about. No, I don't work for the company. I just wanted to comment on how much fun it was and how much I enjoyed the wine and I'm not totally ignorant of wines either!

Anonymous said...

Do your research. The company kept the name but the investors and owner are new. Why don't you host a free tasting yourself and see the difference? Then post your informed comments. Cheers! PS No, I'm not a consultant but have hosted and had many friends that have over the years. We were THRILLED that our consultant got her business back and the wines are fantastic!! Glad to support the small business people in American rather than bash them.

Anonymous said...

I also have hosted and been to a couple of TTV parties and loved it! I was actually doing a website search to book another party. I love their wines and I love how they food pair them! Awesome! I did not know of their temporary out of business status and am glad they are back! Not a consultant either.

Anonymous said...

I had a good experience with them. I had a wonderful consultant come to my house (never met her before) she was knowledgeable, and so much fun. Her boyfriend came along and was such a great helper. I had a ton of people, the food was good (from pairings she recommended) and I loved the wine I ended up buying. Definitely beats buying candles!

Thomas said...

Funny all these comments.....Did I mention the CEO has contacted me several times trying to get me to get rid of this post!!! Wonder why all the positive anonymous comments now!! hahaha

Maureen said...

I am a consultant and have have a very successful business with lots of repeat hosts and guests. I don't know if you ever had a wine tasting with The Traveling Vineyard yourself or if you have been to one, but since your original post is nearly 4 years old, it would be time for you to give it another try. I'd bet anything that you would change your opinion!

 
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