Top 20 of Bordeaux wines
Our regional ranking of grands crus sold at auction in the first half of 2017 would obviously not be complete without a focus on Bordeaux wines, a region that still accounts for more than 50% of sales on iDealwine, making it, therefore, the first region in terms of volume traded at auction. As a reminder, in order to establish this first half-year ranking, we decided to keep only the most expensive wine of each property, auctioned on iDealwine. Moreover, if the wine was sold in a magnum, its price is converted to its…
Top 20 of Jura-Savoie and Alsace wines
Vin Jaune (French for “yellow wines”), great terroirs or exceptional sweet wines: our Tour de France of regional rankings at auction continues with a trip to the vineyards from the East of France, a wine-growing area with very specific characteristics that make them, therefore, very interesting regions. As a reminder, in order to establish this first half-year ranking, we decided to keep only the most expensive wine of each property, auctioned on iDealwine. Moreover, if the wine was sold in a magnum, its price is converted to its bottle equivalent to allow a…
9th Davos of wine on the Lake Como in November
On the theme of the current great ecological evolutions, this ninth edition of Villa d'Este Wine Symposium will take place from 9th to 12th November on the banks of Lake Como. A brief overview of the program of these three days of high-level meetings and exchanges. Every year since 2009 François Mauss, founder of the European Grand Jury and renowned blogger, brings together the top of the crop from the wine world in the exceptional setting of Villa d'Este for three days of meetings, debates and tastings. An unmissable event, also called "Davos…
Château Rayas, iconic | Auction report
Both red and white wines from château Rayas have livened up the online auction, which ended on 16th August on iDealwine. Château Rayas occupies a special place in amateurs’ hearts and in the auction landscape. As we have been following the evolution of this mythical domain’s prices from Châteauneuf-du-Pape, for nearly 20 years, we have only very rarely seen them drop. The rarity, of course, and the difficulty of finding wines elsewhere than at the domain (or on iDealwine J) contribute to making Rayas one of the best blue chips among the great…
What is a long finish for a wine?
The tasting world can be hard to grasp, so here's our guide to talking about a wine's finish.
Engel, Dujac, Vogüé, Burgundy at the top | Auction report
During July, the auction market was still wide awake! Buyers from all over the world fought for the best wines from Burgundy with continuous rising prices. Beautiful auctions on great Burgundy names During both auctions in July, once again, the famous Burgundy domains have had remarkable performances. Indeed, particularly during the sale that ended on 26th July, Engel, Dujac and Vogüé domains registered prices way above their iDealwine estimates. Domaine René Engel: Domaine René Engel (now called Domaine d’Eugénie since its purchase by François Pinault in 2006) is a vineyard of 7 hectares…
Top 20 of wines from Languedoc, Roussillon, Provence and Corsica
After Loire and Rhône rankings, let’s discover how the South of France is doing, with these wonderful wines full of sunshine! A brief summary of the most expensive wines sold at auction during the first half of 2017 with the top 20 of Languedoc wines and of Roussillon, the top 15 of Provence, and the top 5 of Corsican wines. Languedoc As the region's leader, Domaine de la Grange des Pères now benefits from a worldwide catchment. Its owner, Laurent Vaillé, works according to biodynamic principles, without being certified. If the red cuvée…
Top 20 of Loire wines
Let's continue our Tour de France of the rankings of the most expensive wines sold at auction in the first half of 2017, with Loire wines. If the top of the podium is trusted by the regional stars, there are also very confidential and less famous domains. Loire wines are known to be worth their money. Even if prices remain reasonable, some domains saw them soar at auction, like the famous Clos Rougeard, but also other more confidential ones. If we rank the auctions recorded on iDealwine during the first six months of…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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%…
Nightlife at Vinexpo
Vinexpo is an ideal place for professional meetings, although in the evening, Bordeaux and the neighbouring vineyards switch to a much more relaxed and festive mode, with receptions organised from the Haut-Medoc to Saint-Emilion. Here are a few of the highlights that iDealwine team could enjoy. Le Chapon Fin as appetiser In Bordeaux, Marie-Stéphane Malbec (from the PR company Lettres de Château) organised a dinner around several domains in the historical setting of iconic restaurant Le Chapon Fin, owned by Sylvie Cazes, also director of the Cité du Vin. Besides, the aromatic rosé…
Vinexpo 2017: Bordeaux, irreplaceable setting for the wine sector
Vinexpo, the long established Bordeaux wine-and-spirit trade fair ended on 21st June on a successful note. iDealwine team represented by Cyrille Jomand, Angélique de Lencquesaing and Raphaël de Fonscolombe, covered the event with a packed schedule full of meetings and interesting exchanges. For the 19th edition, Bordeaux reaffirmed its position as the world capital for fine wines, gathering the main actors of the wine scene for four intense and exciting days. During this event, which takes place every other year in Bordeaux, the city, in all its finery, welcomes visitors from all over…
Clos Rougeard has officially been purchased by the Bouygues brothers
Martin and Olivier Bouygues confirmed purchasing Clos Rougeard, a mythical domain from the Loire. This announcement was highly awaited, as the Revue du Vin de France reported negotiations beginning of January. A new chapter for French vineyard history. Vines that have never seen any inputs Clos Rougeard is an 11-hectare domain located in Chacé a few kilometers away from Saumur. Its reputation was built on the wonderful work accomplished by the Foucault brothers: Jean-Louis (also known as "Charly") and Bernard (aka "Nady"), the 8th generation of vine growers settled on this great Saumur-Champigny…
Meursault Premier Cru Les Perrières booming | Auction report
The latest online auction on iDealwine which closed on 14th June, offered many Meursault Premier Cru Les Perrières from the most beautiful domains: Coche-Dury, Roulot, Domaine des Comtes Lafon, Pierre Morey and Vincent Dancer. These bottles widely grab the attention of bidders around the world and some prices soar significantly. Most of the lucky bidders were French, American and from Hong Kong. It is important to say that this premier cru from Meursault is one of the greatest white wines from Burgundy, its climate is so qualitative and sought after that it is…
French vineyard market: rising prices in 2016
The FNSafer has just published its long-awaited annual report on the French vineyard market prices. Here is a brief summary of figures and analysed trends for 2016. The FNSafer (National Federation of Land Development and Rural Settlement Companies) is a French association for rural properties allowing farmers to start in the rural, artisanal, agricultural or environmental sector by guiding them in the management of their project and providing them the requested tools and analysis. The report features a detailed analysis of the vineyard market. However, vineyards transaction specialist caution readers about the accuracy…
Left Bank Bordeaux Cup: EMLyon Business School secures its title
As the excitement began to climb throughout the Bordeaux region in preparation for Vinexpo, the Commanderie du Bontemps organized on 16th June, in the den of Lafite-Rothschild, the final of its prestigious Left Bank Bordeaux Cup. The best tasting clubs from America, Europe and Asia were present. The EMLyon Business School won for the second time in a row, an historical performance! Since 2002, the Commanderie du Bontemps organizes an important student wine tasting contest around classified growths from the Médoc, Sauternes, Barsac and Graves. Several schools from around the world were…
When Brexit becomes a wine issue or an opportunity
The UK has always been one of the major players for world wine imports. Indeed wine consumption accounts for more than one-third of UK alcohol consumption in volume. French wine exportations to England go back a long time ago. During the XIIth century, Bordeaux region was British and thanks to maritime paths many barrels were exported to England. Brits have always enjoyed drinking fine wine and especially French. Brexit may have consequences on this historical pleasure. The impact of Brexit on wine trade From a macroeconomic point of view, Brexit will…
Private collection: 100% lots sold, +30% on prices
The auction on iDealwine of the private collection of a young Luxembourg wine enthusiast ended on a successful note: 100% of the lots sold and 30% increase compared to the reserve price, equivalent to the low estimate. The quality and rarity of the wines featured have attracted amateurs’ lust from all over the world. Zoom on an exceptional collection. On 31st May ended the auction of the exceptional and atypical cellar of a young amateur, who started his collection when he was only 17 years old. Guided by his passion and intuition, he…
First iDealwine Masterclass in Hong Kong
Taking advantage of our presence in Asia for the first edition of ProWine Hong Kong, we organized a series of dinners, tastings and iDealwine first masterclass in the region. In the wake of the success of previous masterclasses in Paris and London, we organized this one in partnership with The Drinks Business, world’s leading wine trade publication and a long term partner of iDealwine. We are already planning more of them towards the end of this year in Brussels and Singapore. Hong Kong, a sophisticated market and a great opportunity for iDealwine…
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