from BLOOMBERG NEWS:
June 28, 2016 — For years, vintages of Burgundy have been smaller and smaller, while prices have gone up and up. Rain, floods, and hailstorms have decimated vineyards since 2010, especially in the Côte de Beaune (the southern part of the famous limestone strip that’s home to the most famous vineyards). Growers invested in weird anti-hail devices, but, alas, they haven’t worked. Regional businesses are facing a crisis of how to survive.
The chardonnay grape harvest was down 30 percent in 2013, pinot noir as much as 50 percent. In 2014, which had some of the worst weather in recent memory, some winemakers lost 90 percent of their crop; 2016 is already looking to be worse, weatherwise. This means the remaining grapes are much more expensive, and businesses that depend on making wines from them will be forced to pay a premium they increasingly can’t afford.
“Growers essentially say, pay what we ask, or we’ll sell to someone else,” says Blair Pethel, one of the growing number of “micro-negociants”— small domaines who buy grapes from growers to turn into wine rather than owning their own vines….
June 21, 2016 — Prince Robert of Luxembourg, chief executive officer of a Bordeaux wine empire that includes first-growth château Haut-Brion and neighboring top estate La Mission Haut-Brion, was celebrating good news when he visited New York last week.
He had just released the futures price for his brilliant, powerful 2015 Haut-Brion. Though it costs 83.6 percent more than the 2014, London-based merchant Farr Vintners sold out its initial allocation at more than $6,000 a case (the same price as Château Margaux) in one day.
The prince had also just finalized details for the first-ever auction dedicated to vintages of La Mission Haut-Brion direct from the château cellars, to be held at Sotheby’s auction house in New York on October 19.
June 16, 2016 — Wine has become more important than ever to the world’s eaters, whether in South Africa, China, Peru, or the U.S. That’s my take-away from the 2016 World’s Best Wine List awards, which were released Thursday.
This is the third year for British publication World of Fine Wine’s annual restaurant wine list awards, which drew more than 4,500 entries from around the globe in 2016. Full disclosure: I was one of the seven senior judges who gave 817 of them one, two, or three stars. Guided by expertise rather than an official checklist, each judge picked his or her top three in each category, ranking them 1, 2, or 3 (the best). The numbers were tallied, and the lists with the most points won….
June 15, 2016 — When high-end, wine-centric restaurant Rouge Tomate reopens next month in New York’s Chelsea district, there will be plenty of “orange” wines on the list.
Traditionally from Georgia in Eastern Europe, these tannic white wines—made like reds, with grape skins left in during fermentation and aging—have been trending for four or five years as vinous exotica, touted as the fourth wine color. Have they finally become more than novelties?
“They’re here to stay,” says Rouge Tomate Chelsea wine director Pascaline Lepeltier….
June 1, 2016 — When Hong Kong businessman Peter Kwok bought picturesque Chateau Haut-Brisson in Saint-Émilion in 1997, all he wanted was a vacation spot where his three children could learn to speak French.
“I knew nothing about making wine, but the chateau came with vines,” he says. “Fairly quickly I learned that quality is all about the soil—and Haut-Brisson’s wasn’t the best.”
Like so many others who’ve invested in Bordeaux properties, he began to see it the way the French do: Fine wine requires top terroir, which doesn’t come cheap.
In the past four years, he’s purchased four more estates as well as top parcels of vines in Pomerol next to prestigious estates like La Fleur-Petrus and Le Pin, hired a new high-profile management and winemaking team, and consolidated his burgeoning wine brands into something he calls the Vignobles K group, to help in selling his wines through Bordeaux’s traditional négociant system.In the past four years, he’s purchased four more estates as well as top parcels of vines in Pomerol next to prestigious estates like La Fleur-Petrus and Le Pin, hired a new high-profile management and winemaking team, and consolidated his burgeoning wine brands into something he calls the Vignobles K group, to help in selling his wines through Bordeaux’s traditional négociant system….
May 27, 2016 — Brace yourself. Rosé season starts this weekend. The drink pink boom means pale and pretty wines will be poured at patio parties everywhere to jumpstart a hopefully decadent summer lifestyle. An oversize tub filled with ice and bottles of pink wine is now de rigueur for entertaining.
So what to put in it? Rosés from Provence have been in vogue for what seems like forever—a new high of nearly 6.9 million bottles were imported into the U.S. last year—and alas, the number of luxury versions is exploding. But you don’t have to pay a lot to get something you’ll be happy to drink. If you’re having a party or just want to knock back a glass by the pool, the virtues of those expensive rosés—ability to age, complexity—are beside the point.
In taste testing nearly 150 rosés to come up with my list below, I was dismayed by how many of my past French favorites no longer cost less than $25.
My advice is to get adventurous and expand your taste buds. If you still think only Provence rosé is worth drinking, you’re wrong (though I included several). Other regions in France, Italy, Spain, Austria, and, above all, the U.S. are making super interesting pink wine with plenty of personality….
May 20, 2016 — One-of-a-kind jeroboams, a sleepover at first-growth Chateau Latour, dinner with Robert Parker, a meeting with Bulgari’s head watch designer, cool cars, and, above all, plenty of frenzied bidding for these over-the-top lots: That’s only part of what to expect at this year’s glitzy, wine-soaked Auction Napa Valley, which takes place the first weekend in June.
Last year 2,000 attendees at this annual three-day charity event splashed out a hefty $15.8 million, though not quite up to 2013’s $16.9 million or 2014’s record-breaking $18.7 million.
Behind the scenes, the pressure is on to bring in even more….
February 1, 2016 — When bids for the first Rolls Royce Dawn reached $750,000, the wealthy crowd at the glitzy Naples Winter Wine Festival 2016 charity auction went wild, shaking tambourines and fancy rattles.
This glamour car, not a stellar wine lot, was the monetary peak last Saturday. The winning bidder Julian Movsesian, who’s from California, told me, “I came intending to get this, no matter what the price.”
Most of the live auction’s 64 lots, many offered by famous vintners from five countries, included rare wines paired with fabulous trips, sparkly jewels, lavish golf holidays or VIP sports or concert tickets.
The auction was only one piece of a glittering, non-stop $10,000 per couple weekend that included vintner dinners hosted at private local mansions, with food cooked by all-star chefs, and, for an extra dollop of cash, a panel tasting celebrating the 1976 Paris Tasting….
from LE PAN:
November 6, 2015 — People buy wine with their eyes, the late Napa Valley vintner Robert Mondavi once told me. He was talking about how a label design influences what wine we choose to drink. Part symbol, part source of essential information, part marketing and sales tool, a label is like the cover of a book, a clue to what’s inside the bottle and a way to stand out on retail shelves.
A handful of prestigious wine estates take the idea further, enlisting a celebrated artist to create a painting or sketch for the label as a way of announcing that a great wine is also a work of art.
When Château Mouton Rothschild recently revealed its label for the 2013 vintage by Korean-born Lee Ufan, I began thinking about why so many wineries have copied the Bordeaux first growth’s lead. The château has spotlighted a different artist almost every year since 1945, thanks to the ambitious Baron Philippe de Rothschild, a brilliant marketer.
Now his grandson Julien Sereys de Beaumarchais, who, with his brother and sister, inherited the château last year, has taken over the art-beat task. “Our only requirement is that the artist we pick should have a global reputation comparable to that of Mouton Rothschild in the world of wine,” he explains.
Linking wine with fine art elevates it as a key part of culture – or so the thinking goes….
October 14, 2015 — From Hirsch Vineyards, on a high ridge of Sonoma’s coast, I can see the blue Pacific just a few miles away. The wind is strong and cold, and the vineyard rises above a blanket of fog like a sunny island.
This verdant outcropping is one of the most famous Pinot Noir sites in California. A dozen wineries have sought out its grapes in their quest to make great wines and Hirsch has long been on my shortlist of ‘grand cru’ Pinot Noir vineyards.
Notoriously finicky, the so-called heartbreak grape doesn’t fair well everywhere. California winemakers have struggled for decades to identify the spots where the grapes produce wines with the tart, crushed-cherry flavors and seductive textures you get from Pinot’s home, Burgundy.
In Sonoma, Pinot Noir paradise is in the coolest areas….
from BLOOMBERG MARKETS:
October 15, 2015 — This past spring, Joost Heymeijer arrived in Bordeaux with the Emirates airline wine team for a four-day marathon of tasting barrel samples. They ended up purchasing almost 1 million bottles as futures, zeroing in on 60 famed crus classés, such as Château Cheval Blanc. When the wines are ready to drink, they’ll be poured gratis in Emirates’ first and business classes.
“A long journey looks a lot better with a glass of fine Bordeaux or champagne,” says Heymeijer, who’s in charge of the airline’s in-flight catering. “That’s why we’ve spent half a billion dollars on the wine program over the past decade.” Two million bottles are aging in a warehouse in Burgundy; the rest are stashed in Dubai.
Emirates is one of many airlines adding elite wines to the list of luxury perks like massage beds and Michelin-starred cuisine as a long-term strategy to win wealthy travelers’ loyalty.
March 3, 2015 — Australia’s thick, jammy Shirazes, cheap fruity/oaky blends from industrial producers, and cellar-wizard winemaker philosophy have long shaped that country’s wine image abroad – and never appealed to me.
So what turned me into an Aussie wine fan? The stunning new wave reds and whites I tasted not long ago on visits to two cool-climate valleys. They reminded me once again how diverse a wine country Australia is and showed me what I hope is the face of its vinous future.
I found dozens of ambitious young-gun winemakers, who are ignoring fruit-bomb styles and lashings of oak for leaner, subtler wines. And instead of blending grapes from different regions, they’re embracing single vineyards….
from The World of Fine Wine:
Issue 47 – 2015 — I admit it: I’m a wine romantic. I respond to those special landscapes in wine country, the rows of gnarled vines tended by passionate families attached to their land for generations, the ever-repeated miracle of clusters of grapes being transformed into a drink that reflects their patch of ground, the dark cellars of cobwebbed barrels that hold history in liquid form. The wines that most capture my imagination seem imbued with a kind of meaning that no other beverage can match, their tastes conjuring cultural values that often tap into deep emotions.
My first visit to a California winery, several decades ago, was just the type of wine experience that fosters that kind of romantic view…
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