July 2017 – Le blog iDealwine

Post author:iDealwine
Post published:31/07/2017

iDealwine Masterclass in London City

Last week, iDealwine organised in collaboration with HEC Wine Club UK, a masterclass in the City centre of London. About thirty guests, mainly from the Parisian Business School, attended this event, at the top in terms of wines and height. Little summary of the evening, to make you (re)live the moment. Enjoy! Ideal setting in the City of London After taking a lift to the 16th floor, we arrived in the offices of the law firm Browne Jacobson offices, offering a wonderful view on the City towers. As the sun goes down on…

Post author:iDealwine
Post published:30/07/2017

Guigal purchases Domaine de Nalys, in Châteauneuf-du-Pape

As in any industry, transactions are usual for the wine sector. Guigal acquired Domaine de Nalys at the end of July. A new adventure for the family historically from northern Rhône which now turns towards the southern part, starting with a prestigious name: Châteauneuf-du-Pape. The wines from Châteauneuf-du-Pape are known worldwide and this may arouse certain interests. Consequence: at the end of July 2017, Guigal announced purchasing Domaine de Nalys from Groupama, which owned it since 1975. This acquisition enables Guigal, historically based in Ampuis, to conquer the South of the region, where it…

Post author:iDealwine
Post published:27/07/2017

Jadot purchases a nice domain from Santenay

Louis Jadot, one of the great Burgundy producers, has just acquired the Domaine Prieur-Brunet, a vineyard of 18 hectares spread over prestigious appellations from Côte de Beaune: great addition to Jadot, already present in nearly 130 appellations of Burgundy. The famous Louis Jadot house, anchored in Beaune, with a 225-hectare vineyard from Côte-d'Or, Mâconnais and Beaujolais, extends its wine portfolio in Santenay, by purchasing Prieur-Brunet. This family property was created in 1804 by Claude and Jean Prieur. It was still family owned until today, managed by Dominique Prieur and her son Guillaume, representing…

Post author:iDealwine
Post published:27/07/2017

Top 20 of Rhône wines

During the first half of 2017, wines from the Rhône represented 13% of the volumes sold at auction on iDealwine. Here are the TOP 20 cuvées which have recorded the highest price rises since the beginning of the year. The Rhône is the first stop of this "Tour de France" of great domains. After an eclipse in the auction market, due partly to soaring prices on great Burgundy wines, Rhône wines are gradually regaining the front of the scenes. The WineDex® Rhône indices, fueled in particular by US demand, recorded an increase of…

Post author:iDealwine
Post published:26/07/2017

The 50 most expensive lots and wines sold at auction – 1st half-year 2017

The French public auction regulation authority, the CVV (Conseil des ventes volontaires), has recently ranked iDealwine first French auction house. It is now time for us to reveal the 50 most expensive lots and bottles sold at auction. Brief description of this (very) positive report. Since 1st January, 14 auctions took place on iDealwine platform, with more than 56,000 bottles sold. During these six months, not only have Bordeaux and Burgundy concentrated the largest volume of auctions (68% of the lots sold), but they both literally won the highest bids, with Bordeaux in…

Post author:iDealwine
Post published:25/07/2017

May de Lencquesaing receives Lifetime Achievement Award from IWC

Honouring a career spanning over 40 years, May de Lencquesaing, ‘Grande Dame’ of Glenelly Wine Estate in Stellenbosch, shareholder of iDealwine and former owner of Pichon Longueville de Lalande, has been awarded the Lifetime Achievement Award at this year’s International Wine Challenge (IWC). The IWC Lifetime Achievement Award honours a person within the trade who has shown dedication and commitment, and has made a significant difference to the global wine industry. Now in its 34th year, the IWC is widely regarded as one of the world’s finest and most meticulously judged wine competitions. The…

Post author:iDealwine
Post published:20/07/2017

The gourmet union of Robert Parker’s Wine Advocate and Michelin

After Trump’s visit last week in Paris for Bastille Day, another hot French-American topic hits the headlines, this time in the wine business: the French Michelin Guide has taken over 40% of the capital of Robert Parker’s very famous American wine critic company, Robert Parker's Wine Advocate (RPWA). Robert Parker long found it was regrettable that wine and gastronomy were dissociated by specialized critics. However, beginning of July, the purchase of 40% of RPWA’s capital by Michelin demonstrates that these two worlds are made to work together. As a reminder, the American critic…

Post author:iDealwine
Post published:17/07/2017

Leroy cuvées, Europe and Asia fight over them | Auction report

The online auction on iDealwine, closed on 28th June, saw many wines from Domaine Leroy record significant price increases, reaching sometimes exorbitant levels. Domaine Leroy, from Côte-de-Nuits, regularly hits the headlines of our auction reports, with continuous rising prices for these sought-after wines around the world. Once again, during the iDealwine auction, which closed on 28th June, bottles vinified by the famous Lalou Bize-Leroy kindled the lust of French, British and Hong Kong enthusiasts, who didn’t hesitate to increase prices well above iDealwine’s estimates. Domaine Leroy, created in the late 1980s by the…

Post author:iDealwine
Post published:15/07/2017

WineDex®: increase of 5,25% for iDealwine’s indices during 2017 first semester

iDealwine's iDealwine indices recorded moderate but steady growth in the first half of the year, with their increasing performance of 5.25% at the end of June 2017. Analysis. The iDealwine indices measure the price fluctuations of a selection of top Bordeaux, Burgundy and Rhône wines at auction. These indicators are calculated from the iDealwine auction price estimates, and each of the wines included in the iDealwine indiceselection are declined in the 10 most recent vintages available at auction (currently 2003-2012). Unsurprisingly, iDealwine indices recorded moderate growth during the first half of the year,…

Post author:iDealwine
Post published:13/07/2017

2017 first half: already more than 56,000 bottles auctioned on iDealwine

In a market still dominated by Bordeaux and Burgundy Grands Crus, iDealwine sold during this year’s first semester 56,020 bottles (i.e more than 23,000 lots) at auction. Sellers can rub their hands: over the entire period more than 90% of the bottles were sold. During the past months, fine trends have emerged, bringing a breath of fresh air in this sector traditionally amateur of renowned classic names. Between 1st January and 30th June 2017, the iDealwine platform saw more than 23,000 lots (23,679 more precisely) change hands during the 14 online auctions held…