January 5, 2015
Reflection on 2014
Happy New Year! 2014 was a busy and exciting year for us as Coravin’s revolutionary Technology continued to gain momentum both in the US and around the world. Just a year after launching in the United States, we established a subsidiary in Europe, launching 6 markets in the last quarter of the year. We were thrilled to make Coravin available for sale in major department stores and wine shops, and to see it used in leading restaurants throughout the United Kingdom, France, Germany, Spain, Italy and Austria. We also launched with a distribution partner in Hong Kong, marking the beginning of Coravin’s availability into Asia.
As part of the market development in Europe and Asia, we held many blind tasting events to test and demonstrate the effectiveness of Coravin technology. Over 200 wine experts participated by tasting wines from bottles accessed months before against untouched bottles. As expected, not a single glass was determined to be oxidized or otherwise flawed even months after first access!
I thank you for your continued support, and as always, please continue to share your ideas and experiences with us. I look forward to continued growth and many more glasses of wine in 2015.