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Posts Tagged ‘wine sales’
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 figures show that worldwide sales hit a record high in 2007 with 338.7 million bottles sold, up 5.3 percent. Demand is outstripping supply to the point that 40 new towns will be added to Champagne's AOC (Appellation d'Origine Controlee) in an effort to keep up with the world's thirst for the legendary tipple. Sales of Bordeaux on the other hand are hampered by overproduction, overpricing and what's anticipated to be a disappointing 2007 vintage.
Tags2007 vintage, Bordeaux Wine, Champagne, Champagne AOC, Champagne Appellation, wine price, wine sales
Posted in Bordeaux Wine, Champagne, Wine Price and Sales
"If anyone orders Merlot, I'm leaving." Remember that line from "Sideways"? Called the "Sideways Effect" it made one of America's favorite wines uncool while boosting the sales of Pinot Noir. Well apparently the disdain has worn off. After years of plummeting sales Merlot is recovering. During the 12-month period ending December 7, 2007, dollar sales of domestically produced Merlots rose 6%, led by category leader Blackstone Winery, whose benchmark Merlot jumped 11.6% in sales in the last four week period alone. Blackstone Merlot is the best-selling Merlot and the single best-selling domestic red wine in the United States. Despite Pinot Noir's recent growth in popularity, sales of the variety are less than half those of Merlot.
TagsBlackstone Merlot, Merlot wine, Pinot Noir, Sideways, wine price, wine sales
Posted in Wine Price and Sales
Just when we were getting used to "
critter labels," now there are "foodie labels" designed to take the mystery out of food and wine pairings. The wine labels have illustrations that make clear to the consumer which wine pairs best with certain types of meat. A rooster on the Chardonnay, a pig on the Merlot and a cow on the Cabernet Sauvignon (each label has a diagram of the different cuts of meat). "Foodies" will be launched nationally by Cost Plus Food Market in early March 2008 and will retail for $7.99 per bottle. Cost Plus believes this product is appropriate for food and wine enthusiasts of all levels, but the rather basic information (some might say patronizing) says something else. Hopefully, we won't see Spot on the label, but you get the message.
Tagsfood and wine pairings, foodie labels, wine labels, wine price, wine sales
Posted in Wine Price and Sales
Recently, the French court fined Moet and Chandon 30,000 Euros for its "La Nuit est Rose" campaign which shows a bottle of rose Champagne on a black background surrounded by pink petals. The court ruled that the ad created an association between drinking rose Champagne and leading a wonderful life ( a reference to the iconic Edith Piaf song La Vie en Rose). This ruling is the result of the 1991 Evin Law which states that all publicity for alcohol must consist of objective information only. It is also considered by French winemakers to be a major factor in the decline of domestic wine sales. French wine consumption dropped by 20 percent in the 1990s making exports extremely important to winemakers. However, the Australians seem to have beaten them to the party.
TagsEvin Law, french wine, Moet and Chandon, Rose Champagne, wine price, wine sales
Posted in Champagne, Moet and Chandon, Wine Price and Sales
It usually starts right before Thanksgiving, there's a huge increase in demand for Champagne, not just in stores but in restaurants and bars. This increase in demand puts incredible pressure on Champagne prices. Avoid the price hike. If in December you're thirsting for a popular brand like
Veuve Clicquot, choose a high-volume, warehouse-style store. Distributors try to get a premium in December, but larger stores that have the space and the buying power buy in September or October, when they can take advantage of the lower cost. Smaller stores that don't have room to store the stuff and may not have the budget to buy in advance have to pay more and therefore charge more.
TagsChampagne, holiday wine, Veuve Clicquot, wine price, wine sales
Posted in Champagne, Wine Price and Sales
Who knew that a hippopotamus on a wine label symbolized something good to the consumer? Cute and colorful "critter labels" may seem more fitting for a box of "Animal Crackers," nevertheless, new table wines with animals on the label outsell all other new table wines by more than two to one. Yellow Tail wine is a perfect example. Yellow Tail from Australia (with a wallaby on the label) became the number one imported wine in the US in just two years.
Yellow Tail Shiraz is the best-selling red wine in America (not just imports but ALL red wine) and it took just five years.
Tagscritter labels, imported wine, wine labels, wine price, wine sales, Yellowtail Shiraz
Posted in Wine Price and Sales
For the wine investor, absolutely! But for the wine drinker, it's much more complicated. Hugh Johnson (the world’s best-selling wine writer) declares in his 2008
Pocket Wine Book that, "Vintages used to be really crucial but the difference now is not so much in quality as reputation, because the most famous ones are traded up to ridiculous prices. The reasons people buy a particular wine are complex but have a lot to do with snobbism.
"If you sold a nonvintage bordeaux nobody would buy it. It would be just as good, but it would not have the romance and the interest.”
More Info on Bordeaux Wine Vintages and Their Effect on Pricing
TagsBordeaux Wine, hugh johnson, wine price, wine sales, wine vintage
Posted in Bordeaux Wine, Wine Price and Sales
Beaujolais Nouveau is a wine synonymous with November. This wine has made it's way onto many Thanksgiving tables as a result of the huge marketing blitz that takes place this time of year. Beaujolais Nouveau has a reputation for being Kool-Aid wine: easy-to-drink, fruity and one-dimensional. But Beaujolais can be much more than this, Cru Beaujolais wines (like Moulin-a-Vent and Brouilly) can be mistaken for Burgundy in a good vintage. As a rule of thumb, fruity wines with lower tannin levels like Beaujolais are perfect for Thanksgiving fare, as are Zinfandel, Riesling and Pinot Noir.
Ch. de la Chaize 2004 Brouilly (Gamay) - Beaujolais Red Wine
TagsBeaujolais Nouveau, Beaujolais Wine, burgundy wine, Cru Beaujolais, Thanksgiving Wine, wine sales, Wine Tasting
Posted in Wine Price and Sales, Wine Tasting
