2020 Burgundy Harvest Historically Early and “Unforgettable” Vintage

 

The global pandemic and high temperatures provided new challenges for Burgundy’s growers in the 2020 harvest which ended up being the earliest on record.

The eastern French region, having already experienced a mild autumn and winter in 2019, with only seven days in six months registering below 0°C, then enjoyed beautiful weather from March to September, which led to bud break three weeks earlier than average and one of the fastest starts in 25 years.

Ludivine Griveau, director and winemaker at the Hospices de Beaune, noted in her report that April saw an additional 42 hours of sunshine with temperatures up over 23°C on certain days the vines were soon “bursting with vegetation” and growers were forced to both de-bud and ‘dédoublage’ (remove shoots to reduce foliage and yield) at the same time.

This up-tempo pace in the vineyards throughout the year was further complicated, it must be remembered, by the Covid-related restrictions put in place in France, with those winemakers with young children also having to deal with home-schooling at the same time.

It would be interesting to see which aspect of the year winegrowers ultimately found more challenging.

By April 21 the 2020 cycle was already 24 days ahead of where it had been in 2019, again only the sixth time in 80 years that one vintage had been so far ahead of its predecessor.

Flowering began towards the end of April and was extremely successful. As the summer went on high temperatures and steady winds kept the crop in a largely pristine state but the lack of rainfall posed its own issues.

Luckily, despite being so mild, the end of 2019 had been wetter than normal which would prove helpful as, from March onwards, rain showers were infrequent and tended to be localized. There were instances of water deficits and resulting vine stress as well as some sunburn on bunches.

Interestingly, Griveau said that: “Wind is now an important climatic component, not only of this vintage, but also of previous vintages. In recent years, it has been quite ‘new’ to Burgundy to have this wind every day and almost all day long. If it is our ally in maintaining the perfect sanitary state of 2020, it nevertheless gives us less respite and fewer weather ‘windows’ for the application of our treatments.

“The wind also has the consequence of drying out the land, at least on the surface, making it sometimes difficult to work because it hardens [the topsoil].”

Different appellations, sometimes areas within appellations, saw staggered rates of maturity, which then meant vigneron had to be on their toes to harvest what was needed at the right time as the time approached.

Griveau said that: “We saw a noticeable variation of stages within a plot, and sometimes in Chardonnay, the phenomenon of coulure was marked, the structures of the bunches were long and airy, and the millerandage was at times not negligible. The pre-flowering conditions having been more favourable to Pinot Noir, meant it had better passed the bud burst and its berries were more regular in size. The Pinot was slightly ahead of the Chardonnay at precisely this point in the vegetative cycle.”

With the vines so far advanced (and the wasps beginning to notice) the first crop began to be gathered in on 12 August in the southern region of the Mâconnais – one of the earliest harvest starts on record and one echoed elsewhere in France as well.

Griveau authorized the harvesting of white grapes for the Hospices on 18 August and the estate’s entire crop was gathered in by August 29 – the first time in its history harvesting was finished inside of August.

The Bourgogne Interprofession (BIVB) said in a statement that the overarching tendency among the white wines was “beautiful aromatic complexity”, intense fruit but also “very good acidity” in spite of the high summer temperatures.

The reds meanwhile have very deep colour and concentration but, like the whites, “they have kept their freshness” and have a distinctly black fruit profile.

Griveau concluded: “The vinification process went perfectly for both white and red wines, and the balances that have emerged in our wines are extraordinary, and, let’s admit it, quite unexpected. The sunny side of the vintage is there, but the wines reveal an impressive aromatic freshness. Acidities are very present, and the densities are already felt. The whites have substance, without too high an alcohol content. The tannins of the reds are supple but powerful.

“The ingredients of a great vintage, which, for many reasons, is unforgettable, are all present.”

Sources:
BIVB
Drinks Business

Perrier-Jouët launches eco-friendly gift box for the holiday season

After two years in development, Champagne house Perrier-Jouët just launched a new range of fully recyclable, eco-friendly gift boxes in perfect timing for the festive period.

The boxes will now be used to house its classic, non-vintage Champagnes, including Perrier-Jouët Grand Brut, Perrier-Jouët Blason Rosé and Perrier-Jouët Blanc de Blancs.

The project follows two years of research and development in order to deliver packaging that merges “a minimalist aesthetic with a focus on sustainability”.

The white boxes are made from natural fibre, sourced from certified sustainable forests in northern Europe, and are embossed with water-based ink, which is free from mineral oils.

The eco gift box collection is available globally through various retailers, including, in the UK, through Fortnum & Mason (RRP: £47.50).

Perrier-Jouët is aiming to make its entire gifting offer fully sustainable by 2022. It has already introduced recyclable shipping cases that are made from grass paper.

Séverine Frerson, cellar master at Maison Perrier-Jouët, said: “For more than two centuries, Maison Perrier-Jouët has maintained a symbiotic relationship with nature which we are incredibly proud of.

“Our founders, Pierre-Nicolas Perrier and Rose-Adélaïde Jouët, were renowned for their keen interest in botany and for their progressive ideas on natural viticulture. Today, nature remains at the very heart of the House, and has provided the inspiration for this exquisite gift-box collection.”

“Connaught Bar” in London is named The World’s Best Bar, as The World’s 50 Best Bars List 2020 is revealed

The World’s 50 Best Bars were announced yesterday in London via a virtual awards ceremony, with London’s “Connaught Bar” clinching the No. 1 spot.

The awards’ list is organized by William Reed Business Media, which also produces The World’s 50 Best Restaurants list.

The 2020 winners

This year’s list includes bars from 23 countries, with 11 new entries.

The U.K. had the strongest showing, with bars in London accounting for eight of its nine rankings. Europe took 21 spots in total, more than Asia’s 15 and twice that of the Americas — North and South America lodged 10 slots in total.

Connaught Bar is known for its martini trolley, which allows waiters to prepare drinks at your table. Singapore dominated Asia’s rankings, with four bars being named among the world’s best, an outsized showing for the city-state that is home to nearly 5.7 million people. Tokyo registered three bars on the list, while Hong Kong and Taipei each netted two.

Sydney accounts for Australia’s three rankings, while Dubai’s Zuma bar gave the Middle East its sole award.

The full list includes

Connaught Bar, London

Dante, New York

The Clumsies, Athens

Atlas, Singapore

Tayer + Elementary, London

Kwant, London

Florería Atlántico, Buenos Aires

Coa, Hong Kong

Jigger & Pony, Singapore

The SG Club, Tokyo

Maybe Sammy, Sydney

Attaboy, New York

Nomad Bar, New York

Manhattan, Singapore

The Old Man, Hong Kong

Katana Kitten, New York

Licorería Limantour, Mexico City

Native, Singapore

Paradiso, Barcelona

American Bar, London

Carnaval, Lima

Salmon Guru, Madrid

Zuma, Dubai

Little Red Door, Paris

1930, Milan

Two Schmucks, Barcelona

El Copitas, St. Petersburg

Cantina OK!, Sydney

Lyaness, London

Himkok, Oslo

Baba Au Rum, Athens

Panda & Sons, Edinburgh

Swift, London

Three Sheets, London

The Bamboo Bar, Bangkok

Tjoget, Stockholm

Buck and Breck, Berlin

Employees Only, New York

Bulletin Place, Sydney

Bar Benfiddich, Tokyo

Artesian, London

Sober Company, Shanghai

Indulge Experimental Bistro, Taipei

Bar Trigona, Kuala Lumpur

Drink Kong, Rome

Room by Le Kief, Taipei

Alquimico, Cartagena

High Five, Tokyo

Charles H., Seoul

Presidente, Buenos Aires

 

This year, the voting process changed to highlight emerging bar scenes around the globe, said Mark Sansom, content editor for The World’s 50 Best Bars.

The 50 Best organization appointed an outside chairperson to 20 geographical regions around the world. Each chairperson then chose a voting panel for each region, which cumulatively formed the organization’s voting “Academy.”

“The 540-strong Academy is made up of drinks experts, including bartenders, bar managers, drinks consultants, brand ambassadors, drinks writers, historians and cocktail aficionados who are selected for their knowledge of the international bar scene,” said Sansom.

How will the US Election Impact the Fine Wine Industry?

US voters and political animals of all stripes are nervously/eagerly examining every potential outcome of one of the tensest US elections of recent times but what effect could the outcome have on the fine wine market and tariffs placed on European wines?

Last year the current incumbent of the Oval Office, President Trump, embarked on a trade war with the European Union over subsidies given to Airbus, part of his ‘America First policy’, while the EU hit back pointing to beneficial subsidies the US had given to Boeing.

Both sides began placing tariffs on a wide assortment of products, with the US imposing tariffs on US$7.5 billion worth of EU goods – including wine, spirits and liqueurs – as result of this dispute.

Currently, still wine (not over 14% ABV) made in France, Germany, Spain and the UK transported in containers of two litres or less; Scotch whisky; single malt whiskey from Northern Ireland; and liqueurs made in Germany, Ireland, Italy, Spain and the UK that are exported to the US are subject to 25% import tariffs.

An additional spat with France over taxes paid by American digital companies based in France earlier this year threatened to see the tariffs on French wines increased to 100% but this did not transpire in the end.

This has undoubtedly had an impact on the fine wine market. Italy is a country whose wines, principally from Tuscany and Piedmont, have been gaining in momentum for some time now but with Italian wines exempted from the tariffs imposed last year their trade has really taken off.

Liv-ex’s regional indices show the Italy 100 (tracking 10 of the most traded Italian labels on its platform) is up 4.2% over the last year, the second best-performing index over that period and 4.6% on the year-to-date.

Is all of this trade coming from the US? No, the UK is also getting a taste for Italian wines but it’s no coincidence that Italian vino, for which the US has long been a major market, is exempt from these taxes and now surging.

The same is true of Champagne, which was also exempt from extra tariffs. The Champagne 50 index on Liv-ex is the best-performing over the last year and year-to-date (up 6.5% and 6.8% respectively), again this is part of a long-building momentum for this category as a result of a steadily broadening market and not at all purely down to a sudden influx of US buyers.

There has also been increased activity for US wines on the Liv-ex platform in recent months. Towards the end of last month the Exchange reported increased activity for the latest release of Opus One as well as a variety of Napa labels from the 2013 vintage. October was also the best month ever for American wines traded by value on the platform.

It’s not that US buyers have shied away from staples such as Bordeaux and Burgundy completely. US auctioneers are still seeing pretty healthy prices for these wines consigned at auctions but these are wines already in the United States and so not subjected to tariffs.

Likewise Château Palmer’s recent re-release of its remaining 2010 vintage stocks actually attracted a fair amount of interest in the States, so tariffs have not killed trade in French wines dead by any means – it’s just restricted it to those with greater means. And when a bottle of Domaine de la Romanée-Conti is, on average, now 10 times more than a bottle of first growth claret, what’s 25%?

And of course, US buyers can buy wine and store it in Europe, it doesn’t have to be landed in the US for decades, potentially. To assume the tariffs have ruined the fine wine market in the US is not an entirely accurate reading of the situation.

As Liv-ex’s sales director and co-founder, Justin Gibbs, told the drinks business: “It hasn’t proved to be a major dampener on the market this year, given all the headwinds.”

What of the on-going election therefore? At the time of writing, although the Democrat challenger Joe Biden is apparently edging ahead, the whole process is on a knife edge; with everything coming down to the very last votes in key states such as Wisconsin, Michigan, Pennsylvania, Arizona, Nevada and Georgia. All too close to call for now.

Biden, seems to stand a fair chance of claiming victory in several of these states, even by the narrowest of margins, which might be enough to give him the victory.

Of course, the prospect of legal challenges and recounts exists behind that as well so nothing can be assumed at this stage. If Biden were to win, however, the immediate logic would suggest an import wind change for fine wine in the US as it could signal the end of these tariffs.

This is the argument, Matthew O’Connell, head of investment at fine wine merchant BI, has taken. He said in a recent report: “The result of the US election is almost certain to have a material impact on the wine market, with the expectation that a Biden government will reverse the European trade tariffs imposed by Trump.

“We have already seen a slowing of trading activity in Italian wine and Champagne, the two regions which have most benefited by being exempt from the US trade tariffs. It is our expectation that we could also see a significant uptick in supply of US wines, which has been lower recently, if US collectors (and indeed US-based merchants) see the potential to re-enter the market to purchase French wines, particularly Bordeaux and Burgundy, without tariffs.”

Biden has been highly critical of Trump’s tariffs, especially those placed on China, which he said have been bad for the American economy. Nonetheless, one should not hasten to imagine he would automatically, unilaterally lift all tariffs that have been imposed, especially on EU goods.

The Democrat candidate has expressed concerns in the past over those EU subsidies given to Airbus among other dealings and has displayed an extremely ‘Buy American’ message in his campaign rhetoric. Not to mention that should Biden win by the slimmest of margins and should the Senate and House of Representatives go against him or end up deadlocked, repealing what Trump has put in place may be politically inadvisable, extremely difficult if not impossible for a good while.

Gibbs, was more cautious when speaking to the drinks business. As he said: “I would be careful on this. The idea that the tariffs are purely a Trump thing is missing the mark. There are other concerns, other wines that drive markets. One might argue that at the very top end people are buying wine because they want it and will buy above the market price anyway [vis the Château Palmer re-release].

“The tariff war with the EU is an American thing not just a Trump thing. It’s a rebalancing of the relationship between Europe and America. Europe has traded on preferable terms with the US since the Second World War and the US has allowed this to happen.”

With the Cold War mentality fading into recent memory, however, this attitude as changed and it is sometimes forgotten that it was Barack Obama who actually began looking at realigning out the trade dynamic between the two blocks.

“I’d be careful assuming that Biden is going to reverse everything,” warned Gibbs.

The hope for European leaders and producers of course would be that Biden has a more free-trade approach and that he would be more flexible in future negations and discussions than Trump has proved.

With this in mind, the outlook for Bordeaux and Burgundy might be rather more positive going into 2021 – also bearing in mind that it’s unlikely anything on tariffs will be discussed by the new administration until the spring or even summer of next year.

On the other hand, one should not imagine that the lifting of tariffs is going to be a magic panacea for these two categories. Burgundy is flagging a little in some quarters because its prices have just hit an upper limit, while many Bordeaux estates continue to be hampered by their en primeur pricing strategies and the issue of stock retention which is likewise putting a cap on prices on the secondary markets, especially for more recent vintages.

A Biden victory therefore, could, of course, bring about a happy end to tariffs which would no doubt be a boon to fine wine trading at large but it would be sage advice to those betting on such an outcome not to hold their breath.

 

Sources:
Drinks Business
Liv-ex