Wine Price and Sales | The Wine Cellar Blog
I don’t know if they still do, but at one time the Chinese called America Gum Shan, the mountain of gold, a symbol of opportunity and the chance to get rich. Today, the Chinese have found another symbol of opportunity whose very name beckons the ambitious. In French Lafite means small hill, in Chinese it [...]
The U.S. Senate Finance Committee is considering raising taxes on wine, beer and liquor and imposing a new levy on soda and other naturally sweetened drinks to help pay for overhauling health care.
The first comprehensive survey of women’s attitudes toward wine has overturned several preconceived notions. Over 4,000 women in the UK, France, Japan, Germany and the US responded to a survey commissioned by Vinexpo, revealing a preference for red wine and skepticism for marketing campaigns that target them specifically (e.g. White Lie and Slender Wines). Among [...]
The wine industry was battered and bruised in 2008, the astronomical prices for top-level wines plunged, and as if in an act of repentance more winemakers went green. For example, Boisset, the second-largest producer of Beaujolais Nouveau, bottled its entire 2008 harvest in lightweight plastic bottles. Biodynamic and organic wines increased. Yet many still doubt [...]
A San Francisco cooperative is selling futures in a new wine called “Bailout,” inspired by the economic crisis. Crushpad, a custom crush facility, will sell the Napa Valley Cabernet Sauvignon at $39 per bottle. But there’s a twist, for every 100-point drop in the Dow Jones from the date of purchase to the projected bottling [...]
When People magazine reported seeing an unopened bottle of Kendall-Jackson chardonnay in the Obamas’ kitchen, the California winery fired off a couple of cases to No. 44. Just another gift? Hardly. Winning over the presidential palate is a big deal for the wine industry, leaving vintners and vinophiles curious about what’s on tap for the [...]
Reviews of the just-bottled 2005 Bordeaux are coming in. This much vaunted vintage has everybody in the wine trade drooling. But to their chagrin, the less prestigious, lower-priced wines are getting all the praise. Influencial wine critic Robert Parker called wine from the famous chateaux “museum pieces” because their prices are so astonishingly high. And [...]
European wine prices have jumped approximately 25 percent in 2008. The prices for Champagne and Burgundy have never been higher. Given the astonishing prices of premium wine these days, you would think it would be babied like the first-born you traded to buy it. However, fine wine is often shipped in worse conditions than ice cream [...]
At least according to speculation by the Financial Times. A recent advertisement posted on Amazon.com says that the company’s consumables division is seeking a Senior Wine Buyer in its speciality foods group. Selling wine online is hard as Amazon found out in 1999 when it bought wineshopper.com which went belly-up a year later. Such endeavors [...]
There was a time when excess Champagne was dumped into French rivers. As a matter of fact, wine-growers from Bordeaux and Burgundy used to say that the reason Champagne had bubbles was because the wine was no good. This may have been true at one time, but today, Champagne sales are experiencing significant growth. Recent [...]
