Apr 29 2009
Richard Woodard – Moët Hennessy Champagne sales slumped 35% in the first three months of this year. Such a fall in the region’s leading player reinforces the view that cash-strapped consumers are turning their backs on the category as the recession takes hold. Continue reading “Moët Hennessy sales fall by a third”
Apr 29 2009
Chris Snow in Adelaide – Approximately 30 enquiries have already been made about Yarra Yering, the super-premium Yarra Valley winery which is currently up for sale.The world-renowned winery has been put on the market following the death last September of founder, Dr Bailey Carrodus. Continue reading “Strong interest in Yarra Yering winery”
Apr 28 2009
Stuart Todd – Moët Hennessy, the wine and spirits division of French luxury goods firm LVMH, is set to build a state-of-the-art logistics centre for its Champagne brands. Commercial property developer Goodman has announced that it is investing an estimated EUR25m (US$32.5m) in the centre, to be based at Recy, near Châlons-en-Champagne. Continue reading “FRANCE: Moët Hennessy to build Champagne facility”
Apr 26 2009
Sigi Hiss – Seit einigen Wochen ist eine neue (geschlossene Community) Wein-Webseite Online – webnwine.com . Das bemerkenswerte daran ist, dass man:
• seinen eigenen Weinkeller verwalten kann
• seine eigenen Wein-Notizen sehr komfortabel verwalten kann
• Notizen anderer Mitglieder einsehen kann
• Interaktiv mit anderen Mitgliedern kommunizieren kann
• unzählige Abfrage – & Filtermöglichkeiten bestehen
• alles Online, somit sehr unkompliziert, erreichbar ist
• …& vieles mehr Continue reading “webnwine.com”
Apr 25 2009
Sigi Hiss – Gerade zurück aus der Wachau & mit 378 Verkostungsnotizen beladen, kommt hier eine erste Zusammenfassung. Dass 2008 ein schwieriger Jahrgang ist, stand schon vor der Ernte fest & die Ernte selbst wiederum belegte die Voraussagen. Die Verkostungen in dieser Woche (20.-24. April 2009) bestätigen ein schwieriges aber auch rebsortenspezifisches Jahr. Continue reading “Österreich und die trockenen 2008er Weissweine”
Apr 25 2009
Richard Woodard – Americans are buying cheaper wine, as sales by value in the US fell for the first time in 15 years.
However volumes climbed in 2008 – up 0.9% to 317m cases – indicating that recession-hit consumers are trading down to cheaper wine rather than forgoing it altogether. Continue reading “US wine market: value falls, volume rises”
Apr 25 2009
Maggie Rosen and agencies – UK drinks giant Diageo may buy Moët Hennessy, which owns prestige Champagne brands Krug, Moët, Veuve Clicquot and Dom Pérignon. Continue reading “LVMH may sell Krug, Moet and Dom Pérignon to Diageo”
Apr 25 2009
just-drinks.com editorial team – French wine closures giant Oeneo has successfully defended its patent to technology used in its DIAM closure, following a challenge by a coalition of natural cork producers. Continue reading “FRANCE: Oeneo wins wine closure patent ruling”
Apr 22 2009
Panos Kakaviatos, and Richard Woodard – The low prices of 2008 Bordeaux futures mean the 2007 and 2006 vintages are ‘doomed’, say UK and US merchants. But there is a difference of opinion on either side of the Atlantic, with Americans bemoaning the loss of value of these vintages, and UK merchants cautiously welcoming the fillip low prices of the 2008s have given the market. Continue reading “Low Bordeaux 2008 prices ‘doom’ two previous vintages”
Apr 18 2009
Sigi Hiss – Bericht einer ausführlichen Léoville Las Cases-Probe in London, stattgefunden im Dezember 2007.
Apr 17 2009
just-drinks.com editorial team – US wine sales trickle downwards. Sales of wine in the US have fallen in value for the first time in 15 years, as consumers reign in their spending during the recession, new figures show. Continue reading “US: First fall in US wine sales for 15 years”
Apr 17 2009
Darrel Joseph in Vienna – Austrian wine producer Gerhard Kracher has just released his first Spätlese wine -the Kracher Spätlese 2008. Kracher, who now runs the Laubenhof wine estate, made famous by his father, the late sweet wine legend Alois Kracher, has made the wine using a blend of Pinot gris, Welschriesling and Muskat Ottonel grapes. Continue reading “Kracher reviving spätlese wine”
Apr 17 2009
Adam Lechmere – Chateau Mouton Rothschild has released half its production at €100, a move which has been welcomed by the industry, Philippine de Rothschild has said. The world economic situation demanded the drop, Baroness de Rothschild told decanter.com. ‘It has nothing to do with quality and everything to do with the world market, which is in a very bad situation. Continue reading “Mouton price drop ‘nothing to do with quality’”
Apr 17 2009
Bordeaux has taken us all by surprise. Despite the endless rumours during en primeur week nobody really believed the top properties would come out as early – or as cheap – as this. Angelus released the week after the tastings, and Latour followed suit (at the rock-bottom price of €110 a bottle). Who’s next? Watch this space Continue reading “Latest Bordeaux 2008 prices”
Apr 16 2009
By Jancis Robinson – The trouble with the 2008 vintage Bordeaux that I tasted last week, along with many from Britain and Asia though fewer from the US, is that it looks really rather good – certainly very much better than the wildly overpriced 2007s, even though last year’s summer was scarcely more propitious. Continue reading “Difficult for Bordeaux to swallow”
Apr 16 2009
Graham Tearse – A world-first metallic capsule that replaces traditional Champagne corks while preserving the traditional bottle-opening ‘pop’ is to be launched by Champagne house Duval-Leroy at the London International Wine Fair in May. Continue reading “Champagne corks replaced by ‘revolutionary’ metallic capsule”
Apr 16 2009
Jane Anson in Bordeaux – Chateau Leoville Barton has already sold 85% of its production, having released its price this morning. Owner Anthony Barton released at €23 per bottle this morning, down from €27 last year.
This is equivalent to around £330 per case in the UK, Continue reading “Bordeaux 2008: Leoville Barton sold out”
Apr 16 2009
Adam Lechmere, and Jane Anson in Bordeaux – Chateau Mouton Rothschild has released its 2008 – the lowest of the First Growths at €100 a bottle. This is exactly half the price of the 2007 vintage – which was 26% lower than the 2006 vintage. Continue reading “Mouton releases at €100″
Apr 15 2009
Joe Bates – Supermarket wine sales in Hong Kong grew by 26% in 2008 to reach HK$490m (US$63m), according to figures released by Nielsen. Continue reading “HONG KONG: Wine sales rise on tax cut – research”
Apr 15 2009
Stuart Todd – Worldwide Champagne sales fell 34% in volume terms in the first two months of 2009, with EU markets hardest hit, according to regional trade body CIVC (Comité Interprofessionnel du Vin de Champagne). Continue reading “FRANCE: Champagne exports tumble in 09″
Apr 14 2009
Chris Losh – The Spanish wine industry is facing long overdue restructuring under the reforms of EU wine subsidies, while sales are being hit at home and abroad by the recession. Although there has been some growth in exports, this has been mainly in bulk wine, and Chris Losh expects things to get worse before they get better. Continue reading “The Losh Cause – Spanish wine in flux”
Apr 10 2009
just-drinks.com editorial team – The German Wine Institute has signed a deal with Lufthansa airlines to supply German wines on international flights. The deal, which the Institute described as “long-term”, is intended to “foster a greater appreciation of quality wines made in Germany”, the Institute said today (9 April). Continue reading “GERMANY: German Wine Institute signs Lufthansa deal”
Apr 09 2009
Giles Fallowfield – A senior Champagne boss has called for yields to be slashed for the 2009 harvest.
Paul-François Vranken, head of Vranken-Pommery Monopole – one of the three biggest Champagne houses – has called for yields in Champagne to be cut to between 7,500 and 9,600kg per hectare. Continue reading “Champagne boss calls for massive cut in yields”
