from BLOOMBERG NEWS:
December 1, 2013 — I sipped and spat my way across three continents this year, tracking the latest wine and spirits trends and hunting for standouts among the predictable and the pretentious.
My 10 most memorable wines, in no particular order, range from a Rhone classic to a reborn California label to a bargain white from a grape few have ever heard of.
All signal what’s hot in today’s wine world — and where it’s going in 2014….
November 17, 2013 — Remember the Gruner Veltliner craze?
More than a decade ago, hip U.S. sommeliers were pushing the peppery, lively Austrian white as the chic antidote to oaky chardonnays and boring, faceless sauvignon blancs.
Then they moved on to other wine fashions: Burgundy, the Jura, sherry and esoteric grapes nobody had ever heard of. Poor Gruner Veltliner was demoted to the ‘been there, tasted that’ category.
Too bad. The grape probably makes the best-value great white wines in the world and deserves a serious image upgrade.
That’s my take-away from the immodestly-named “Austrian Monuments” tasting of top-quality reserve Gruners held recently in New York at Le Bernardin.
The 31 wines span four decades, from 1971 to 2012. All are variations on the grape’s pinpoint balance, vibrant acidity, intense flavors of white pepper, spice and minerals, and rich textures that don’t rely on new oak…
October 8, 2013 — Wally’s Auctions will next month add its name to New York’s crowded autumn auction scene by selling a selection of lavish wines valued at around US$3m.
To up the glamour factor, Wally’s inaugural auction on 13 November will take place at the Whitney Museum of American Art, where bidders will dine in the downstairs café restaurant on food prepared by a ‘world class chef’, as yet unnamed.
The $3m worth of fine bottles on offer includes hot sellers from Burgundy and Champagne, such as the rare 1982 Dom Perignon Oenotheque and six bottles of 1993 Henri Jayer Cros Parantoux. In July, a six-bottle lot of the same Jayer wine sold at a Sotheby’s London sale for more than $57,000.
Other top items among the 600 lots are a collection of 2010 Grands Crus reds from Domaine de la Romanee-Conti in original wooden cases, estimated at $85,000 to $130,000.
Double magnums of Chateau Lafite-Rothschild from the ‘60s and ‘70s, as well as California classics like 1974 Heitz Martha’s Vineyard, are among the other high-ticket items lurking in the catalogue, which will go live on 21 October, according to Wally’s Auctions president and chief executive officer, Michael Jessen…
from BLOOMBERG MARKETS:
June, 2013 – Filmmaker Francis Ford Coppola has spent almost 40 years following a wine dream—to restore the once-famous 19th-century Inglenook estate in the Napa Valley to greatness. The iconic, almost 1,700-acre property, which was founded in 1879 by wealthy Finnish fur trader Gustave Niebaum, was broken up in the 1960s. The long story of how Coppola, 74, acquired and reunited its several parts has all the twists and turns of a good movie script. He’s been producing wine on what had been part of the Inglenook estate since 1977 but was able to purchase the trademark only two years ago. And last fall, he finally released his first wines with the name on the label.
As we settle onto a plush couch in the living room of the Victorian mansion Niebaum built on the Inglenook estate, the white-bearded Coppola launches into the complicated tale. Through the windows, we can see the sun shining on acres of cabernet sauvignon vines. “I put it all down to good fortune, to luck, that these pieces came around when I could afford them,” Coppola says. “When I bought the first piece, in 1975, we were riding the financial success of The Godfather….”
from ZESTER DAILY:
11.18.13 – Among the 60 or so Austrian wines I’ve tasted in the past couple of weeks I found my Thanksgiving red for this year. The 2011 Paul Achs Zweigelt from Austria has cherry aromas, soft fruit and spice flavors, and the fresh acidity that will keep palates alive during an hours-long dinner heavy on rich foods.
Everyone worries about what wine can possibly go with the many contrasting flavors on a Thanksgiving table, from sweet potatoes to creamy onions to rich sausage stuffing to tart cranberry sauce to turkey roasted with a rosemary rub. I used to be a purist, offering only two American wines, a white and a red, to match the nationality of the holiday. But this year I’m branching out….