From Sigi Hiss, at 13. August 2010 19:20
by Rebecca Gibb – The 2009 vintage was billed as the year Asian markets would jump aboard the en primeur train but small allocations, high prices and a continued reluctance to buy wine as futures in China have been blamed for a less successful campaign than expected.
Sales of the highly rated 2009s did increase in the Far East compared to 2008 but negociants and UK merchants admit the campaign did not meet their expectations.
One Bordeaux-based merchant told decanter.com it was ‘pretty disappointed’ with the 2009 campaign in the Far East but also admitted it had ‘pared back’ allocations. Laurent Ehrmann, the managing director of another Bordeaux negociant, Barrieres Freres, added: ‘I can’t say the Asian markets pilfered the 2009 stocks – that’s a fantasy of the European consumer. Sales were up but they were present but not blindly buying any wine at any price.’
High release prices and lack of availability also stemmed the growth of Asian markets. Nick Pegna, MD of Berry Bros & Rudd Hong Kong, said: ‘I think the demand was there but there were fewer wines available, and at higher prices.’ ‘All the big merchants here say they didn’t get the stock they wanted because of initial allocations.’
China’s reluctance to buy wine as futures continues with many collectors not yet entering the en primeur market. There is also a lack of confidence in storage conditions in China with many wines heat damaged, added Pegna. ‘The big issue is not whether China understands en primeur but whether they have trust in the system.’ www.decanter.com
From Sigi Hiss, at 13. August 2010 19:20
by Decanter staff – Wineries that ‘clean up’ their wines are removing the life from them, according to Louis Jadot’s head winemaker in the September issue of Decanter. The latest edition of the magazine includes an interview with Jacques Lardiere, a member of the company’s team for forty years.
He told Decanter, ‘I’m not after technical perfection. I don’t have much time for the Australian approach, where the ideal wine is the most neutral.’ ‘It’s easy to clean up a wine, but by removing faults, unless they’re truly detrimental, you also remove its life.’ ‘I refuse to go along with it,’ he adds.
The veteran winemaker is set to retire at the end of 2012, and will be replaced by Frederic Barnier of Chateau de Chassagne-Montrachet. Read Lardiere’s views on biodynamics, terroir and much more in this month’s Decanter.
From Sigi Hiss, at 13. August 2010 19:20
by Rebecca Gibb – Big business and a lack of consumer knowledge are the latest challenges facing the wine industry, says veteran Decanter columnist Michael Broadbent. On the anniversary of his 400th column in the magazine, the former head of Christie’s wine department told decanter.com ‘My feeling is that consumers have never had so much choice but they have never been so confused.
‘The whole world is making a good standard of wine today and they need some guidance,’ he said. Broadbent has been writing about wine for more than 50 years and has seen many changes in that time.
From Marcel Merz, at 13. August 2010 17:25
By Richard Woodard – Wine growers on the Sonoma Coast and in the Russian River Valley face a nail-biting wait to discover if 2010 will be a great vintage – or ruined by rain. A low pressure system sitting off California’s north coast has created highly unusual weather conditions in the area this summer, with coastal fogs and temperatures in the 60s and 70s Fahrenheit, rather than the more normal 80s and 90s.
From Marcel Merz, at 13. August 2010 17:22
Direktvertrieb und Verkauf im Weinfachhandel rückläufig/Roséweine beliebter Nach kontinuierlichen Zuwächsen in den vergangenen drei Jahren ist der Umsatz der Weineinkäufe in Deutschland im ersten Halbjahr 2010 um sechs Prozent zurückgegangen. Dies vermeldet das Deutsche Weininstitut (DWI) auf Basis von GfK-Erhebungen, die regelmäßig im Auftrag des DWIs erfolgen.
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