Cabernet Sauvignon News
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South African wine exports are poised to beat their 2012 record this year following high yields and on demand for premium vintages from North America and Asia, industry executives and growers said.
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Eleven cases of the 2010 vintage from Chateau Pichon-Longueville, a Pauillac wine estate, sold for 1,375 pounds ($2,140) each on the London-based Liv-ex market in the past week, its lowest level for five months.
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Three magnums of Romanee-Conti 2001 Domaine de la Romanee-Conti Burgundy were top lot at an Acker Merrall & Condit wine auction in New York last week, fetching $61,500, while a case of La Tache 1978 sold for $59,040.
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Bill and Hillary Clinton dined with industrialist Len Blavatnik and hedge-fund manager Richard Perry. Goldman Sachs Group Inc. President Gary Cohn left his seat with Anchorage Capital Group LLC’s Kevin Ulrich to visit at their table.
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On a recent trip to Seattle I had the chance to revisit the wines of Washington state, the nation’s second largest premium wine producer after California.
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A Romanee-Conti 1996 Domaine de la Romanee Conti assortment case fetched top price of $36,900 at an Acker Merrall & Condit auction in New York this month as demand persisted from investors and collectors for vintage Burgundies.
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Colorado construction magnate Joseph Phelps arrived in the Napa Valley in the late 1960s to build someone else’s winery. In 1973 he ended up founding his own.
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Spending an afternoon in a Sonoma Valley vineyard sipping from a heavenly $450 bottle of Verite 2007 La Joie is hard to beat. Shelling out a tenth of that for something just as memorable is even better.
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After nine years of economic boom, Argentina again teeters on its own fiscal cliff. Yet the one continuing bright spot in the country's economy is its wine industry, which has record sales abroad based on high quality wine at remarkably modest prices.
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Twenty years ago few wine lovers outside Spain ever talked about the country’s wines, with one exception: Vega Sicilia, long considered one of the greatest red wines in the world by connoisseurs who rank it alongside France’s Premier Cru Bordeaux.
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