Every September a number of Bordeaux’s specialised wine merchants, known as négociants, turn their attention, and that of their distribution system – known collectively as the ‘Place de Bordeaux’ – to the sale of six ‘non-Bordeaux’ fine wines from Chile, California, Tuscany and the Rhône Valley. The sale of the wines provides a neat boost to the coffers in what might normally be a fairly quiet time of year, and itʼs an international endorsement of their distribution method – one which locals have been known to criticise. Sophie Kevany asks four influential people in the fine wine business for their opinion on the event.
As Champagne’s position comes under increasing attack from upstarts like Prosecco, the region has responded with Champagne 2030. Richard Woodard reports on the project to retain Champagne’s position as the world’s pre-eminent sparkling.
When Ukraine moved closer to the EU, Russia annexed Crimea, where much Ukrainian wine was produced. This action may open doors to EU wine imports and improve local wine quality. Panos Kakaviatos explains a complex situation.
The South Korean market is undergoing an upswing at present, says Jung Yong Cho. But market consolidation means fewer opportunities to get into the market through an importer, as the big companies are sourcing directly.
Once seen as a showcase for customers from mainland China, Hong Kong has become a thriving and lucrative wine market in its own right, offering a dazzling array of tax-free wines to consumers. Annabel Jackson reports.
What does a winemaker do when there’s too much wine sloshing around in the tanks and no buyers on the horizon? In the New World, the answer may be to offer the consumer an amazing bargain. Robert Joseph looks at how they do it in South Africa.