Posts Tagged ‘wine industry’

China: The Next Big Thing In Wine and Continued Totalitarian Oppression

Posted in commentary
Post date: September 1, 2010

Asia, as most of you are already aware, is THE NEXT BIG THING in wine consumption.  China, of course, is the current big thing in Asia, which means that the Chinese market is THE NEXT BIG THING in wine consumption.  So big, it must be stated IN ALL CAPS!

This is not news – it’s all over the place in print and on-line.  Most of the talk of the Chinese market in the wine community is cloudy, amorphous, and short on understanding of the real scope of the potential dollars involved.  And the real scope is real, real BIG.

Here’s a recent quote from Wines-Info.com on Chinese wine consumption trends, to give you some perspective on what a bold, capitalized and italicized BIG represents:

The current situation in China is that domestic wine production doesn’t meet its market’s need, which has resulted in surge growth of imported wine. Statistics show that imported bottled wine to China has increased 2368% since 2002 to 2009. With bigger number of Chinese enterprises joining to wine importing business, more foreign vintners and wineries from France, Italy, Spain, Australia, U.S., Chile, Argentina, etc. also step into Chinese market, sharing the hope of wine bonanza in China.”

No, that’s not a typo. That’s an increase of over two thousand percent of wine coming in from other countries to fill the demand created by the emergence of a bona-fide middle class in the Chinese economy. In less than ten years. YOWZA.

My bruthah-from-anothah-muthah Jeff Lefevere over at the award-winning GoodGrape.com, recently highlighted some of the Chinese wine market numbers – and they’re similarly downright shocking:

It’s anybody’s guess how China will impact the domestic wine business, but we know that the existing auction market and Bordeaux futures are largely being driven by the Chinese. According to reports, US wine exports to Hong Kong totaled $49 million in 2009-2010.  And, it’s been said that the U.S. wants to be the number one exporter of wine to Hong Kong and mainland China.

That’s a fair chunk of change – and an impressive commitment by the U.S.  And one in which I think they should be deeply cautious, because our businesses are so busy looking at the dollar signs that they aren’t seeing the imprisonments, tortures, and executions that made those dollar signs so big…

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“Wine Is On The Move” – A Glimpse Into The World Of Fine Wine Collecting

Posted in interviews
Post date: April 19, 2010

Here’s something that you probably didn’t know:

Asia is now such a powerfully driving force in the marketplace for fine wine, that American collectors have lately been forced to bid bid in Hong Kong for the wines they they really want.  Which means that more and more rare fine wine is on the move (and therefore vulnerable), both from Europe and California to Hong Kong, then back to the U.S. when (or if) those American collectors score the winning bid.

That’s just one of the insights that you might glean from our latest interview, which comes to us from an area of the wine world that, like some kind of mysterious dark matter, is seldom-if-ever-seen but exerts a potentially huge influence on the universe of wine wine world.  This strange influencer? The world of fine wine collection and investment.

Few people know how to navigate this mysterious world as well as today’s interview guest: Katja Zigerlig, who is AVP of Fine Arts, Wine and Jewelry Insurance for the Private Client Group division of Chartis. In her role, she oversees the strategic growth of the “private collections” insurance portfolio for Private Client Group.  Much of her time is spent advising those clients on shipping wine around the world, inventory management and proper cellar management – exposing her to what are likely some of the largest and most expensive private wine collections on Earth.

Ms. Zigerlig has almost two decades of professional experience in the world of collectible art and wine. Prior to joining Private Client Group in 2004, she insured private art and wine collections, museums, galleries and exhibitions for AXA Art Insurance Company. She has a B.A. and M.A. in art history, specializing in twentieth century art (Dude’s personal favorite period), but her experience with fine wine comes via viticulture study at UCLA, and extensively touring Napa and Sonoma wineries. Ms. Zigerlig has gone on to teach courses on wine collecting, and you can find her quoted in recent CNBC and New York Times articles on art and wine collecting.

Ms. Zigerlig is also a good sport, as you’ll soon see in her answers to some of the more colorful questions that I posed to her (you know me… can’t take me anywhere, really…), and she has a thing or two to tell you about protecting your own budding collections.

Anyway, enjoy this rare glimpse into the world of rare wines!…

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Premiere Napa Valley: One Dude’s Tasting Notes

Post date: March 2, 2010

We know that I’m not terribly fond of massive tastings.  I did thoroughly enjoy myself at Premiere Napa Valley, however, even if I didn’t get to try all 200 of the wines, mostly because the experience, with lots of people in close proximity to wine and to each other, is uber-social.  For a gadfly like me, it’s like social crack, only with ultra-premium wines and the opportunity to catch up with friends, chill with industry folk, and ask geeky questions of winemakers.

In other words, it’s like super wine crack for me.

I’ve decided not to rate any of the wines I tasted at PNV, because a) you’re unlikely to find them, and b) we are talking some of the best-of-the-best in CA winemaking here, and the scores on my cheesy A-F scale for are in the A- to A+ range for all of these wines; there’s no real point in sharing those subtle shades of differing scores, now is there?  I mean, I’m not getting into a 94 vs 96 points discussion, thankyouverymuch.

Anyway, following are some of my favorites among a field of very, very impeccably made wines (in PNV auction lot order):

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The 2010 Wine Writers Symposium in 10 Easily Digestible & Tasty Morsels

Post date: February 19, 2010

Alternative title: “What I Learned (So Far) At the 2010 Professional Wine Writers Symposium in Napa

  1. Symposium Chairperson and Wines & Vines editor Jim Gordon, may, in fact, be the sweetest and most patient person on the planet (there remains one more day of symposium activities in which to properly test this theory).
  2. The amount of downtime built into the entire week of Symposium activities is approximately 47 seconds.
  3. The amount of raw talent and brain power among the symposium attendees is staggering, but is immediately doubled in terms of IQ points the moment that AbleGrape.com founder, Yahoo search pioneer, and twitter search guru Doug Cook walks into the room.
  4. When you read aloud (over a loudspeaker) a tasting note that you’ve written in which you compare a glass of Syrah to an uncomfortable satin thong, you will piss off famed author, wine educator, and television personality Karen MacNeil [ Editor’s note: this was recently substantiated via personal experience. ]
  5. Both Eric Asimov and Steve Heimoff are practical, warm and charming in person (meaning that I have lost at least two bets and the week isn’t even over yet).
  6. Harlan wines will be poured judiciously at Symposium after-hours gatherings, but only when I am not available that evening to attend any of them.
  7. Journalism jobs, freelance writing gigs, and book deals net you more money than Amazon.com affiliate fees. But not much more.
  8. If you take the ethical standards of critical writing / wine review writing, combine them in number, double that number, square the result, and divide by 0.0002, you will arrive at roughly the number of ethical violations that I might have inadvertently committed.  Before lunch. On day one.
  9. When Alder Yarrow uses the term “folks at our level” and you realize that he is talking about wine blog writing and is including you, you have to suppress the urge of performing a double-head-fake and then blushing.
  10. If you are serious about wine writing, then you should get serious about attending the Symposium in 2011.

Cheers!

YOU Can Keep Them Honest at VINO 2010’s Wine Blogging Discussion

Post date: January 29, 2010

It looks like my fears of VINO 2010’s “Blogging on Wine and Social Networking: New Tools in reaching Consumers of Italian Wine ” panel discussion possibly deteriorating into a blogger-bashing session can probably be put to rest.

In an attempt to expand the reach of the event beyond the walls of the Waldorf Astoria, VINO 2010 appointed James Rodewald, former Drinks Editor of Gourmet magazine, as its official blogger representative.  James will be tweeting live from the event as well as covering the event on the official blog (which contains a blogroll of the bloggers who are attending VINO 2010) – all steps in the right direction.

What really convinced me, though, are the panelists for the session on Blogging, which include friends of mine who I know for a fact understand the power of blogging in the wine world – namely, Alder Yarrow of Vinography.com and Steve Raye from Brand Action Team

And what sold me lock, stock, and wine barrel was this: for the panel on social media and blogging, the details will be covered live via the web and James will be taking questions for the panel via twitter:

On Thursday, February 4th at 10AM – the "VIRTUAL VINO, MILLENNIALS, AND SOCIAL MEDIA DECANTED" panel discussion moderated by Anthony Dias Blue with Alder Yarrow (vinography.com), Dave Cook (Twitter), Steve Raye (Brand Action Team), and Ronn Wiegand. James will be monitoring the Twitter feed and posing questions Tweeted in from throughout the country. The seminar will focus on social media and wine bloggers as the future of consumer wine education, and potentially the wine trade.  You and your readers can tune in to the panel discussion at www.italianmade.com/vino2010.”

Now, if the on-line wine community excels at anything, it’s keeping people honest.  So I expect a pretty balanced and honest discussion about wine blogging and social media for that panel.

Whew… ok, I feel better now…

Cheers!

Coppola Sues Vinocor In A Case of Screwed-Up Screwcaps

Post date: December 10, 2009

Here’s an interesting bit of wine news – it’s not everyday that you hear about a veritable Apocalypse Now of tens of thousands and thousands of bottles of wine, let alone have that wine related to movie icons, providing an opportunity to utilize puns related to kick-ass cinema in a wine context.

This week, Law.com and Courthouse News Service reported the news that Napa Valley producer Coppola (owned of course by famed producer and director Francis Ford Coppola) is suing cork and bottle manufacturer Vinocor USA, alleging that Vinocor is responsible for ruining 55,000 cases of the Coppola wines.

Yes, 55,000 cases (nearly 700K bottles of wine).  That’s a lot of vinegar!

Apparently Coppola’s company Francis Ford Coppola Presents paid Vinocor nearly $700K to produce some funky-looking bottles with over-sized screwcap enclosures to help promote their “Encyclopedia” line of wines.  But it looks likenot all went to plan, as Coppola is claiming the substandard quality of the Vinocor products resulted in the oxidation of all 55,000 cases bottled of Encyclopedia.

The Horror…

That’s certainly the largest amount of wine I’ve ever heard of being ruined by a screwcap enclosure.  The allegation is not against screwcaps in general, of course – it’s that the Vinocor screwcaps were allegedly flawed, having issues with their threading and didn’t create a proper seal to protect the wine.

Will this lawsuit cause a setback in the adoption of screwcaps?

I doubt it – certainly some top-notch wines are well bought into the stelvin enclosures, including New Zealand’s Kim Crawford and California’s Bonny Doon.  Properly-made screwcaps seem more than capable of properly aging a wine, at least when it comes to medium-term storage.  Whether they will help a wine last 20+ years is more debatable question, but theoretically there’s no reason why they couldn’t.

Got a stance on screwcaps, wine-related lawsuits, or Coppola movie quotes?  Shout `em out in the comments!

Cheers!