Bordeaux 2011: Market hopes for price cuts

FRANCE (Bordeaux) - Château Cos d'Estournel has announced a new price of 108 euro for its Cru available at Negociant. This is roughly 45 percent less than the 2010 vintage but still 40 percent more than the vintages...

FRANCE (Bordeaux) - Château Lafite Rothschild fixed the price for its 2011 wine at 420 euro and, thus, falls about 30 percent below last year’s price (600 euro). The price of 420 is “ex négociant”,...

FRANCE (Bordeaux) - The owners of most of the châteaux as well as the négociants in Bordeaux admit that the prices for the 2011 wine must be „realistic“, and at the same time, they emphasize that this is not...

UK (London) - The British Sainsbury’s supermarket chain is following the common trend to domestic sparkling wines by expanding its own range of wines by a sparkling wine produced in England. The Sparkling Brut,...

SPAIN (Esplugues de Llobregat) - Whereas the sale of Cavas in Spain is rather to be called miserable, now a record in export has been reported and makes the whole Spanish wine industry raise its heads. In 2011, Cava...

FRANCE (Bordeaux) - “Small but noble”, that’s how the first Chinese négociant (specialty wine retailer) could be described, who has opened his residence named “La Cave du Dynastie” at one of...

FRANCE (Paris) - Abroad, wine and champagne from France are as demanded as never before: In the past year, wine and spirits export increased by 10.5 percent compared to the year before. As the FEVS (Fédération des...

USA (California) - Due to the increasing demand and the poor harvest in 2011, grape prices in California have reached a new peak. Moreover, a reversal of the “sideways” effect begins to emerge because the...

FRANCE (Bordeaux) - This week, the Bordeaux Winebank Exchange (BWB-EX), a new online sales platform, started after a 2-year building phase; the BWB-EX does not only guarantee the origin of the wines offered but as well...

UK (London) - International top wines recorded drastic price drops within the past half year - some of them even lost half of their value. According to a current showing by the renowned London LIV-EX (Live-Ex Fine Wine...