bordeaux Wine eXchange

The future of top Bordeaux wines

Tue, 22 Feb 2011 00:00:00 +0000

Although I take but a passing, philistine's, interest in Game Theory, I thought that the basic premise of Professor Bruce Bueno de Mesquita's model on predicting world events might suffer to have the great Bordeaux wine market passed through it. De Mesquita is lauded with being able to predict, with around 90% certainty, the effects of political and foreign policy. Admittedly I do not have (a) de Mesquita's program, model, or algorithms, and nor do I have (b) a very clear set of…

Round table talks to give wine co-ops a new boost

Tue, 22 Feb 2011 00:00:00 +0000

At the age of 48, Eric Chadourne has become one of the leading figures in the Aquitaine wine world. He is now at the helm of the Federation of wine cooperatives (FCVA) for a one year mandate. He succeeds Stéphane Héraud, president of the Cave of Hauts de Gironde (Tutiac), who had been head of the coop federation for the past four years. "We've got a lot on our plate, because many cooperatives, like other businesses, are suffering from the economic crisis and a serious slump in…

Une "Bordeauxthèque" chez Lafayette

Tue, 22 Feb 2011 00:00:00 +0000

Quelque 1400 Châteaux et millésimes différents. Au total, 12 000 bouteilles, provenant d'une seule et même région viticole… Bienvenue à la Bordeauxthèque, la plus grande cave de vins de Bordeaux au monde, qui a ouvert ses portes en mai dernier aux Galeries Lafayette du boulevard Haussmann, à Paris. Installée au Lafayette Gourmet, espace consacré à la gastronomie et l'art de la table, la Bordeauxthèque se révèle…

Christie's Expands Asia Team, Simon Tam Becomes "Head of Wine" for China

Tue, 22 Feb 2011 00:00:00 +0000

Christie's expands Asia team with key senior appointments. Christie's, the world's leading art business will expand its Asia team with three key appointments, as part of its continued commitment in the region. Angela Cheng, Vice President, Head of Marketing and Events, Asia; Simon Tam, Head of Wine, China Ferida Yang, Shanghai Representative. "As the Asian market grows faster than in any other region in the world, Christie's continues to adapt its'…

COFCO to guard China-bound Bordeaux "from production to consumption"

Mon, 21 Feb 2011 00:00:00 +0000

Chinese conglomerate COFCO has confirmed that it intends to control the supply chain of its Bordeaux wines, in a bid to protect Chinese consumers from wine fraud. Speaking at the signing ceremony of the purchase of Château Viaud in Bordeaux, COFCO vice chairman Chi Jingtao said that the Chinese government was particularly interested in assuring products sold in China were authentic and unadulterated. "We have a strategy for constructing a complete chain from production to consumption to…

China gets a foothold in Bordeaux's most prestigious vineyard

Fri, 18 Feb 2011 00:00:00 +0000

A memorable ceremony took place at "La Winery" of Arsac, in the Médoc, to celebrate the purchase of an estate by a Chinese conglomerate, proud to get a foothold in world's most prestigious vineyard. Cofco's vice-president, Jingtao Chi, and Philippe Raoux (center) officially signed the deed of purchase of Château de Viaud (21 hectares in A.O.C Lalande-de-Pomerol). Yesterday's atmosphere was one of "grand days" at La Winery in Arsac, Médoc.…

China begins Yquem love affair

Thu, 17 Feb 2011 00:00:00 +0000

Château d'Yquem could finally be emerging as a preferred fine wine brand in the Far East according to merchant Bordeaux Index, which has just sold 600 bottles and 1,200 half bottles in a single trade to a Chinese buyer. The famous LVMH-owned Sauternes has for some time been tipped as a must-have label in Asia, particularly after the Chinese authorities legalised the importation of sweet wines, including Sauternes, in September last year. However, forecasts of rapidly rising demand…

COFCO swallows Bordeaux

Thu, 17 Feb 2011 00:00:00 +0000

COFCO Wines & Spirits, a subsidiary of COFCO, the country's largest food processor, manufacturer and trader, has acquired a Bordeaux Château at the price of 100 million yuan ($15.19 million), according to a press release from the company Wednesday. The agreement was signed on Wednesday in France. The property, Château de Viaud, is located in Lalande-de-Pomerol, a prestigious wine production area in France. After the purchase, all wine produced by the French Château…

China wine import: rise in volume and slip in price

Thu, 17 Feb 2011 00:00:00 +0000

According to the China Custom data, for the first 11 months of 2010, China has imported wine 260 million liters valued 113 million US$, with year-to-year growth rate of 58% and 53.9% respectively; however 2.6% down to 4.3 US$ with average import rate. Main characters A. Volume sours in Nov on month-to-month basis, import rate climbs steadily. Since the peak and a new record for monthly import, of 2,955 myriad liters of Aug, Nov shakes down to 2,812 myriad…

Vinexpo's Global Study

Tue, 15 Feb 2011 00:00:00 +0000

Vinexpo, together with the International Wine and Spirit Research team, tracked the evolution of wine in the U.S. and internationally. Despite the tumultuous economic state - bruised bank accounts and unemployment, anyone? - Americans still like to drink, and aggressively. This according to a new study conducted by the International Wine and Spirit Research group together with Vinexpo - a wine and spirits exhibition held every two years in Bordeaux, France. To celebrate the 30-year-anniversary…

It's open season for the 2010 vintage!

Tue, 15 Feb 2011 00:00:00 +0000

The advanced purchasing of great Bordeaux wines, also called buying "futures" is still a good deal. With Château Montrose kicking off the season, the 2010 vintage's fate is launched with a tone of Chinese euphoria. In Bordeaux last Friday, Martin Bouygues and family; his wife, brother Oliver and son Edouard, presented Château Montrose's 2010 vintage. Since their purchase of this classified estate in 2006, the Bouygues family is the first to symbolically open the "futures"…

Vins et spiritueux: les exportations ont rebondi