Wine News 

April 24, 2017

Chateau Cos d'Estournel, a second-growth Saint Estephe producer from the Medoc region north of Bordeaux, priced its 2016 vintage at 120 euros ($130) a bottle ex-negociant, in line with its 2015 release price, according to data collated by the London-based Liv-ex wine market. 

It was put on sale at 1,400 pounds ($1,791) per 12-bottle case by London merchants, up 10 percent in sterling terms from the 2015 vintage, according to Liv-ex data posted on its website. That reflected the decline in the pound against the euro since the United Kingdom's vote on June 23 to leave the European Union. 

The price makes 2016 the most expensive vintage of Cos d'Estournel currently on the market since the 2010, and of the past 12 vintages it is only surpassed in current market price by the 2010, 2009 and 2005 wines, according to Liv-ex data. 

Cos d'Estournel is a close neighbor of both Pauillac first growth estate Chateau Lafite Rothschild and Saint Estephe producer Chateau Montrose. 

April 24, 2017

The 2016 vintage from Bordeaux has the potential to be the best for at least six years, comparable in structure and richness with the 2009 and 2010 wines and in some ways surpassing them in quality, according to growers and merchants interviewed this month.

Read my article on Bloomberg.com.

April 13, 2017

For my full article on Bloomberg.com, click here.

Veuve Clicquot has started marketing a five-vintage Extra Brut Extra Old Champagne made from its reserve wines which have spent at least three years in vats on lees and another three years in bottle in its cellars. 

The wines, blending vintages from 2010, 2008, 2006, 1996 and 1988, comprise 47 percent Pinot Noir, 27 percent Chardonnay and 26 percent Pinot Meunier, and make use of its reserve wines to produce a Champagne that has both purity and also length of finish, according to Cellar Master Dominique Demarville, who was interviewed during its London launch. It's on sale in the U.K. for 69 pounds ($86) a bottle.

Veuve Clicquot has been making Champagne for more than two centuries, since 1772, when Louis XV was on the French throne and his court was installed at Versailles. While in that context 1988 may seem fairly recent, in Champagne terms wines with 20 to 30 years of aging, even if only present in the blend in small quantities, are designed to bring weight and pedigree.

The choice of full-bodied wines for the blend have enabled Veuve Clicquot to keep the dosage at the very low level of  just 3 grams a liter, according to the Champagne house. 

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Disclaimer: All opinions are my own, and tweets and retweets are not endorsements.

While every effort is made to check third-party data, its accuracy cannot be guaranteed.