Crus Classés de Graves wine auction for Paris victims

Crus Classés de Graves wine auction for Paris victims Read more at http://www.decanter.com/wine-news/crus-classes-de-graves-wine-auction-for-paris-victims-283752/#HQ9O4TlMs3chgkdL.99 All 14 member châteaux of the Crus Classés de Graves are to auction off double magnums of their wines via iDealwine, with proceeds going to a fund for the victims and families of the 13 November Paris terror attacks. The Graves wine…

Castel sells Bordeaux château to China’s Changyu

Castel sells Bordeaux château to China’s Changyu Read more at http://www.decanter.com/wine-news/castel-sells-bordeaux-chateau-to-chinas-changyu-284212/#Fw7egOo6Oq3srEkX.99 Castel, France’s largest wine family, has sold one of its 22 Bordeaux wine châteaux to Chinese wine giant Changyu. In a second, unrelated deal, Château de La Dauphine in Fronsac has been bought by the Labrune family. Castel sells Bordeaux château Changyu Group has…

Bordeaux: beyond the First Growths

Bordeaux: beyond the First Growths Read more at http://www.blog.liv-ex.com/2015/11/bordeaux-beyond-the-first-growths.html The headline numbers for Bordeaux have been negative now for several years. The Liv-ex 50 (First Growths) is down 40% since the market’s peak; the Bordeaux 500 is down 20%; the region’s market share has fallen from 95% to 74%. However, as the chart above shows, Bordeaux…

An abundance of fizz

An abundance of fizz Read more at http://www.blog.liv-ex.com/2015/11/an-abundance-of-fizz.html Champagne has seen good activity in 2015, taking 6.1% of the year’s trade so far: up from 2.8% in 2014. This has largely been due to a string of releases, including Dom Perigonon 2006, Pol Roger 2004 and Cristal 2007. In July this year Antonio Galloni called the…

Global wine stars join Decanter for Shanghai Fine Wine Encounter

Global wine stars join Decanter for Shanghai Fine Wine Encounter Read more at http://www.decanter.com/wine-news/global-wine-stars-join-decanter-for-shanghai-fine-wine-encounter-283778/#fOM1zxPvKfTYJ0D0.99   China’s wine lovers were out in force at the Decanter Shanghai Fine Wine Encounter over the weekend, tasting an array of top vintages from some of the world’s best producers in glamorous surroundings. Read our full report of the day…

Château Lafite Rothschild technical director Charles Chevallier to step down

Château Lafite Rothschild technical director Charles Chevallier to step down Read more at http://www.decanter.com/wine-news/chateau-lafite-rothschild-technical-director-charles-chevallier-to-step-down-283706/#xU8qFKMMEXWRzVT3.99 Charles Chevallier is to step back from his position as technical director at Château Lafite Rothschild, moving into a new advisory role and to be replaced in his current job by Eric Kohler, the Bordeaux first growth estate has announced.  …

In praise of wine wankers

In praise of wine wankers Read more at https://www.meininger.de/en/wine-business-international/praise-of-wine-wankers In many areas of criticism, there are reviewers famous for their slashing reviews. There’s the Guardian’s Jay Rayner, who makes a habit of mocking pretentious restaurants, or Terry Eagleton, whose literary smackdowns can go viral on Twitter. In wine, however, it’s the critics who get skewered. Everywhere they…

Paris Attacks Dampen Chinese Tourist Arrivals

Paris Attacks Dampen Chinese Tourist Arrivals Read more at Jing Daily Following the terrorist attacks in Paris last weekend, recent tourism statistics released find that many—but not all—Chinese tourists are canceling and altering their visits to France. The weak euro has made Paris a popular destination with Chinese shoppers this year, even in the wake…

CHINA’S TOP 10 BIGGEST WINE IMPORTERS

CHINA’S TOP 10 BIGGEST WINE IMPORTERS The latest figures on wine sales in China show a market back in growth. We look at the performance of the top 10 importers by country. Read more at http://www.thedrinksbusiness.com/2015/11/chinas-top-10-biggest-wine-importers/ As previously reported by the drinks business, the market for wine in China appears to be experiencing a bounce back, with…

Japan Rises as Asia’s Leader for Chinese Luxury Spending Growth

Japan Rises as Asia’s Leader for Chinese Luxury Spending Growth Read more at http://jingdaily.com/japan-rises-as-asias-leader-for-chinese-luxury-spending-growth/#.VkrsHF7D9Zs As mainland China’s luxury consumers continue to shun one-favorite shopping destination Hong Kong, Japan has emerged as a key locale for Chinese traveler-driven sales growth in 2015. Last week, Hermès reported that Japan was the source of its highest sales growth…