Jean-Pascal MARTIN-FESTA

Why it’s time to rethink the concept of freshness in Champagne... A tasting of Cristal Rosé back to the heatwave harvest of 1976 highlighted why it’s time to rethink the concept of freshness in Champagne.

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The Bordeaux 2023 en primeur wine futures releases have seen significant price cuts compared to previous vintages, with Mouton Rothschild 2023 and Angélus 2023 dropping by more than 30% and 25% respectively versus their 2022 releases. Other releases last month, such as Château Haut-Batailley 2023 and Château Cantemerle 2023, also saw notable decreases. In California, the San Francisco Chronicle just published a major story entitled, “California Wine is in Serious Trouble.” The article highlighted the challenges faced by Megan Bell, owner of Margins Winery, reflecting the broader struggles of the state's wine industry. Bell experienced a significant downturn in sales in 2023, with only three out of 19 distributors agreeing to buy her wines. The entire California wine industry is facing an unprecedented decline, with wine consumption falling 8.7% in 2023, according to industry analysts. So, what is the outlook for the wine industry globally and the US wine industry in particular?

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By exporting wine to different markets around the world 🍷 🌍 , my partner, Maxime Pellier, and I have the chance and opportunity to learn about each one, their consumption habits, and their evolution. Talking about evolution, we were able to witness over the past decade that global wine consumption has undergone significant changes. For example, emerging markets such as China and India have seen substantial growth in wine consumption, driven by increasing middle-class populations and changing lifestyles. In contrast, traditional wine-consuming countries like France, Italy, and Spain have experienced a slight decline due to aging populations and shifting preferences towards other beverages. We can also observe that climate change impacts grape production, and that regions like England and Canada are becoming more prominent wine producers. In parallel, the rise of online wine sales and the influence of social media have also played a crucial role in shaping wine trends, making niche and organic wines more popular. Furthermore, the younger generation's preference for sustainable and eco-friendly products has led to a surge in demand for organic and biodynamic wines. Overall, the past decade has seen a dynamic and evolving wine market influenced by various economic, social, and environmental factors. This has fascinated me for over 10 years. And, I love being able to exchange with other wine industry professionals who share my interest in market trends. And who can share their own experiences and market/s analysis ! Meridiem Wines 🌱

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Wine Production - Global wine production hits historic low Global wine production is set to drop to one of its lowest levels in more than six decades, with 2024 volumes forecasted at 231 million hectolitres (mhl) a 2% decline from 2023 and 13% below the ten-year average France experienced the sharpest drop, with production down 23% to 36.9 mhl due to continuous rain, disease outbreaks, and hailstorms. Meanwhile, Italy reclaimed its position as the world’s largest wine producer with 41 mhl, an increase of 7% from 2023, though still 13% below its five-year average. Spain also saw a modest recovery, producing 33.6 mhl, an 18% increase from the previous year #wine #wines #vins #wein #wineproduction #wineindustry #winemarket #winebusiness #spanishwine #spanishwines #vinoespañol #vinosespañoles

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Chateau Lynch Bages Vertical (2017, 2018, 2019) €600.00 Only 4 sets available https://lnkd.in/e5_Br663 Paulliac, located at the heart of Bordeaux, is the holy grail for the best wines produced in the region. So much so, that 3 of the 5 chateaux classified as the best, Chateau Latour, Chateau Lafite and Mouton Rothschild, are located here. Lynch Bages is particularly popular here in Ireland and is one of the most reliable and in demand Châteaux of Bordeaux. Prices are modest compared to those of the aforementioned 1er Cru Classe, and it represents good value for money. Owned by the Cazes family since 1939, this much loved wine consistently makes one of our most highly demanded and biggest selling wines of Bordeaux. The dashing Jean-Charles Cazes is at the helm for the last number of years, and his wines are as charming as he is. The recent vintages have been amongst the best ever. This vertical contains one each of the following vintages: 2017, 2018, 2019 The 2019 100 points Jeb Dunnuck The 2019 Château Lynch-Bages is stunningly good, and it’s going to be interesting to compare this to the 2018 over the coming decades. Based on 70% Cabernet Sauvignon, 24% Merlot, and the balance Cabernet Franc and Petit Verdot, brought up in 75% new French oak, its dense purple hue is followed by an incredible bouquet of pure crème de cassis, freshly sharpened cedar pencil, spring flowers, smoke, and graphite, with an almost liqueur of rocks-like minerality. A massive, incredibly concentrated Lynch-Bages, Jean-Charles has hit a home run in the vintage, and this sensational wine has building, perfect tannins, insane purity, and a finish that won’t quit. It has the purity, finesse, balance, and depth to offer pleasure not only today but to evolve for 40 to 50 years. Smart money will hide these for a good 7-8 years, but wow, what a wine. Bravo. @chateaulynchbages #lynchbages #chateaulynchbages #wine #winetasting #winelover #finewine #rarewine #winecollector #winecollection #bordeaux

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Chateau Lynch Bages Vertical (2017, 2018, 2019) €600.00 Only 4 sets available https://lnkd.in/e5_Br663 Paulliac, located at the heart of Bordeaux, is the holy grail for the best wines produced in the region. So much so, that 3 of the 5 chateaux classified as the best, Chateau Latour, Chateau Lafite and Mouton Rothschild, are located here. Lynch Bages is particularly popular here in Ireland and is one of the most reliable and in demand Châteaux of Bordeaux. Prices are modest compared to those of the aforementioned 1er Cru Classe, and it represents good value for money. Owned by the Cazes family since 1939, this much loved wine consistently makes one of our most highly demanded and biggest selling wines of Bordeaux. The dashing Jean-Charles Cazes is at the helm for the last number of years, and his wines are as charming as he is. The recent vintages have been amongst the best ever. This vertical contains one each of the following vintages: 2017, 2018, 2019 The 2019 100 points Jeb Dunnuck The 2019 Château Lynch-Bages is stunningly good, and it’s going to be interesting to compare this to the 2018 over the coming decades. Based on 70% Cabernet Sauvignon, 24% Merlot, and the balance Cabernet Franc and Petit Verdot, brought up in 75% new French oak, its dense purple hue is followed by an incredible bouquet of pure crème de cassis, freshly sharpened cedar pencil, spring flowers, smoke, and graphite, with an almost liqueur of rocks-like minerality. A massive, incredibly concentrated Lynch-Bages, Jean-Charles has hit a home run in the vintage, and this sensational wine has building, perfect tannins, insane purity, and a finish that won’t quit. It has the purity, finesse, balance, and depth to offer pleasure not only today but to evolve for 40 to 50 years. Smart money will hide these for a good 7-8 years, but wow, what a wine. Bravo. @chateaulynchbages #lynchbages #chateaulynchbages #wine #winetasting #winelover #finewine #rarewine #winecollector #winecollection #bordeaux

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To enhance the most daring cocktail creations, we are inviting you to discover the Audry VSOP cognac. Elegant and perfectly balanced, the ART AUDRY VSOP cognac is a blend of high quality eaux-de-vie lasting 6 to 7 years on average, aged exclusively in oak barrels in damp cellars. A spirit at 40° so its versatility can go wonderfully with the most daring creations. Why “ART AUDRY”? Because of Anne Lesca, accomplished ceramist and 5th generation of the Audry family. An abstract painting, an assembly of bright colors and materials which seemed to perfectly illustrate the genesis of cognac, a blended eau-de-vie by its very essence.

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Fine Wines | Vins Fins | Vino Pregiato - Bordeaux led weekly trade, followed by Burgundy, Tuscany and Champagne.   >> Bordeaux continued to lead the market this week, taking a 37.9% share of traded value, just under last week’s close at 39.1%. >> Burgundy’s trade share increased, closing at 19.2%, up on last week’s 15.7% >> Tuscany enjoyed another strong week, once again overtaking Champagne in third place >> Champagne recovered from its weak close at 8.6% last week up to 11.5% this week. >> Piedmont’s trade share increased from 5.4% last week to 6.0% this week.  #wine #wines #finewine #finewines #winebusiness #vinopregiato #vinipregiati #bordeaux #burgundy #bourgogne #vins #champagne #piedmont #tucany #toscana #piemonte

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Global Wine Production - Global wine production hits historic low Global wine production is set to drop to one of its lowest levels in more than six decades, with 2024 volumes forecasted at 231 million hectolitres (mhl) a 2% decline from 2023 and 13% below the ten-year average. France experienced the sharpest drop, with production down 23% to 36.9 mhl. Meanwhile, Italy reclaimed its position as the world’s largest wine producer with 41 mhl, an increase of 7% from 2023, though still 13% below its five-year average. Spain also saw a modest recovery, producing 33.6 mhl, an 18% increase from the previous year #Globalwineproduction #wineproduction #wines #wine #winebusiness #wineindustry #vinos #vino #frenchwine #vinsfrançais #spanishwines #vinoespañol #vini #vinoitaliano #italianwines

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In the world of fine wine, we thoroughly enjoy talking about...well, #wine. Topics like logistics, supply chain and financial sustainability are indeed less poetic, and a little dry. In our competitive and highly regulated markets, they are, however, crucial to understand. How does a bottle of Bordeaux end up on a collector's table? What will its journey be, from the châteaux to the world? Who are the winners and losers in the current system? How are margins built? And the most fascinating question of all: who is currently making money (or not) in the fine wine supply chain? With what consequences? In our last episode ARENI Global, Felicity Carter and I look at the behind the scenes of La Place de Bordeaux, and consider the opportunities and challenges of this distribution system. For this episode, we bring in diverse and layered opinions from all part of the supply chain, from producers to fine wine merchants, all operating in crucial markets. Get ready for an in-depth exploration of how the system really works. With Max Lalondrelle (Berry Bros. & Rudd), Thomas Parker MW (Farr Vintners Ltd), Jeremy Stockman (Watson's Wine), Philippe Newlin (Wine.com), Vianney Gravereaux (MASSETO and ORNELLAIA) and Mathieu Chadronnier (CVBG/). This podcast episode was expertly edited by Polly Hammond (5forests) https://bit.ly/ILPBEp3 Claire Berticat Christian Holthausen Charlie Geoghegan Charlie Leary (李嘉立) PhD Charlie Matthews Magalie DUBOIS Stephanie Hennion Adam Holden Jon Pepper MW Robert Joseph Richard Hemming MW Richard Siddle Krister Bengtsson Darren Oemcke Preston Mohr Christopher Martin MW Laura Taylor Julian Perry James Miles Sarah Knowles MW Kathrine Larsen-Robert MS Peter Yeung Harriet Kininmonth #supplychain #distribution #profitability #brandbuilding #finewines

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