Wine Market – Page 32 – Le blog iDealwine

Post author:iDealwine
Post published:27 July 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 July 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 July 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:20 July 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 July 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 July 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 July 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…

3d rendering EU and Japan flag waving

Post author:iDealwine
Post published:11 July 2017

The end of customs duties for European wine imports to Japan?

The European Union and Japan signed a free trade agreement on Thursday 6th July, which includes the abolition of customs duties on French wine imports to Japan. A very promising agreement for the sector. Last Thursday at the Viticulture Congress, European Agriculture Commissioner Phil Hogan announced that "The European Union and Japan today signed a free trade agreement, which is extremely positive for our food sector. And more particularly for wines, which will be imported without tariffs ". This agreement will be effective from 2018 and is expected to save €145 million…

Post author:iDealwine
Post published:10 July 2017

iDealwine secures its position as the leading French wine auction house

The French public auction regulation authority, the CVV (Conseil des ventes volontaires), has recently published its annual activity report for 2016. The wine auction market showed good growth (+12%) and for the 3rd consecutive year, iDealwine ranked first, accounting now for a quarter of total wine sales. A great recognition for our global platform, which gathers buyers from more than 55 countries. Wine auction, a healthy niche market The CVV just presented its activity report for 2016 auctions. After a very slight increase (+3%) in 2015, the "wine and spirits" category accelerated its…

Post author:iDealwine
Post published:7 July 2017

Sparkling wines: global trends and challenges

Since 2009, we can observe an increasing worldwide production of sparkling wines, with 24.1 million hectolitres produced in 2016. With 86% of the world production, Europe is from far the leader. Italy holds the first position (22%), followed closely by France (19%), Germany (15%), Spain (12%), Russia (10%) and the USA (6%). Although, more and more sparkling wines come from the New World, with an increased 30% volume over the past 7 years. Moreover, Italy and England have a growing production in 2016, conversely to France who is stable and Spain decreasing. 83%…