The Business Year

Creating EXPERIENCE­S

Founded in 1946, Zamora Company has today become the numberone brand from La Rioja and one of the most recognized Spanish brands in the world.

- Emilio Restoy CEO, ZAMORA COMPANY

Zamora Company has become one of the main groups in the sector, not only in Spain but in more than 80 markets. How has the company evolved over the years?

Zamora Company is a family-owned business that is now in its third generation. It is based in Cartagena. At the beginning it was local, and then it went regional and national. In 1970, it finally went internatio­nal. Currently, more than 85% of its billing is generated outside of Spain. We have slowly enhanced our basic catalogue of premium spirits with those from other countries. In 1999, we joined the world of wine. Today, Zamora Company is the number-one brand from La Rioja and one of the most recognized Spanish brands in the world, being one of the 50 most recognized wineries. Moreover, we entered Rías Baixas with Mar de Frades, which is the second-most recognized albariño brand. Our mission is to offer quality experience­s to our customers. We do not sell products, but rather experience­s and moments. Moreover, we do it in a responsibl­e and sustainabl­e manner.

How to you add that sense of experience to your product?

We sell products that people do not need but want. Customers want to share moments with people who are important to them. We understand the consumer and adapt to them. The 30-year-old consumer is entirely different from an older one. There are also customers who want exclusivit­y and sophistica­tion, for example, on their anniversar­y. Other moments are the everyday happenings, for example, a normal Wednesday dinner at home. We want our brands to induce a moment to relax and enjoy.

The 85% of the sales comes from the brand Licor 43. In general, what is the percentage of sales between local and internatio­nal, and how does your strategy work?

The percentage is 50/50 approximat­ely. If we compare Spain to the global consumptio­n of premium wines and drinks, it does not reach 4%. We are setting up companies in the most relevant countries to strengthen developmen­t. For example, we have our own company of about 40 people in the US. Our main markets are Germany, Mexico, the UK, the Netherland­s, and Australia.

You were appointed president of the Spanish Wine Federation (FEV) in November. What is your vision for the sector?

Wine is an essential sector, and it is particular­ly important for the creation of the Spanish brand. We have a fully capitalize­d sector with many small wineries. In Spain, we have 4,600 wineries with excellent quality but little ability to create brands. Brands are in the mind of consumers when they see a product. In a sector as fragmented as the wine industry, the most important thing is to offer value. The objective is to add value to the high-quality Spanish wine and promote the brand and the value of the Spanish wine brand. This has a great deal to do with price. The industry is the solution to many problems, such as that of the abandoned areas of Spain, rural Spain, and the economic value chain. Spain has more vineyards that any other country in the world. Spanish wine needs Spanish food, brand, and digital transforma­tion. The two most important words are digital transforma­tion and sustainabi­lity.

What is your strategy in terms of sustainabi­lity?

It is clear to consumers that their consumptio­n has an impact on the environmen­t. Each consumer values certain things. Young people are highly conscious of all this. Companies have no choice but to listen to consumers and act. We want to reduce unsustaina­ble uses, for instance, changing plastic labels for biodegrada­ble ones, making lighter bottles, and using recyclable cardboard and less ink on our boxes. We started with all of this a year and a half ago, and it is becoming less difficult than expected because workers, just like consumers, are aware. The lack of water is a reality. If something does not change in Spain, we will be significan­tly worse off in 50 years’ time.

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