The Liv-ex “Power 100” 2022 – All About Burgundy

The Liv-ex Power 100, produced in conjunction with The Drinks Business Magazine, their annual list of the most powerful brands in the fine wine market.

The Power 100 is a snapshot of the ever-changing landscape of the secondary market and this year’s list caught Burgundy at the very height of its latest upswing.

For the first time ever, no Bordeaux wines feature in the top 10. Not a single First Growth from either bank. This year they have been totally usurped by Burgundy and Champagne.

Rupert Millar, Liv-ex’s Managing Editor states:
“Already the direction of the market in 2022 suggests change is on the way. Just as we saw in 2019, Burgundy’s latest surge may be dizzying but could be swiftly stymied by a lack of supply and an increasing reluctance to pay such steep prices for handfuls of bottles. The higher it flies, the thinner the air, and the fewer buyers there are.”

Key findings:   https://www.liv-ex.com/.

#wineinvestment #winelovers #winecollectors #burgundy #bordeaux #wine #power100 #livex #champagne #finewine #finewinecollectors

US Joins EU in Nutritional Labelling for Alcohol

European legislators have moved to require ingredient and nutritional information on wine labels (vis QR code), US consumer groups have also fought to achieve the same objective. After 20 years the groups have one their fight.

Starting December 8, 2023, labels of alcohol sold in the EU will have to reveal nutritional and ingredient information directly, or through a QR code. Until now, wine producers with no interest in exporting to Europe have imagined themselves to be immune from this kind of legal requirement, but a recent court ruling shows that American consumers will soon see the same information on bottles on sale in the US.

As the Center for Science in the Public Interest – CSPI – reported “the Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau (TTB) has agreed to issue proposed rules requiring standardized alcohol content, calorie, and allergen labeling on all beer, wine and distilled spirits products [and to] begin preliminary rulemaking on mandatory ingredient labelling.”

The US move has been a very long time coming and results from a legal action by consumer groups and the CSPI against the TTB for failing to act on a 2003 petition submitted by 69 organizations and individual citizens including four deans of schools of public health, and calling for alcoholic beverages to be treated in the same way as other beverages and food products.

Opponents of the move who hope that implementation of labeling legislation may still be delayed will be dismayed to learn that the House and Senate Appropriations Committee’s 2023 budget treats the issue as ‘critical’ and calls for urgent action.

#winenews #wine #alcohol #beer #spirits #winelabels #wineeducation #wineinmoderation #winetechnology #winetrends

Porto Wins “Best City Destination in World 2022” Travel Awards

The City of Porto was voted the “Best City Destination in the World 2022” at the ‘World Travel Awards’ ceremony a few weeks ago.

In a statement, the local municipality said that Porto was given the title of the Best City Destination in the World for 2022, ahead of cities such as Acapulco, Cancún and Mazatlán (Mexico), Bogotá (Colombia), Quito (Ecuador), Cape Town ( South Africa), Nairobi (Kenya), Dubai (United Arab Emirates), Las Vegas, Miami and New York (United States of America), Hanoi (Vietnam), Hong Kong (China), Melbourne and Sydney (Australia), Queenstown (New Zealand), London (England), Lyon (France), Marrakech (Morocco) and Lisbon.

The ceremony of the ‘World Travel Awards’, also known as the ‘Oscars’ of tourism, brought together the main decision-makers and prominent figures in the sector.

The councillor responsible for Tourism and Internationalization of the Porto Chamber, Catarina Santos Cunha, received the award on behalf of the municipality, and the president of the Porto Tourism Association, Luís Pedro Martins, was also present at the ceremony.

“The distinctions in over thirty categories in the European edition of the World Travel Awards 2022 is of particular significance after the difficult pandemic years. It is with pride that we see our tourism companies and professionals being acknowledged by their international peers,” said Rita Marques, the Secretary of State for Tourism, Trade and Services.

“All the agents of the sector are to be congratulated for meeting the challenge of consolidating Portugal as a tourist destination of excellence, in whatever circumstances.”

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Wine Enthusiast Magazine Announces Top 100

Wine Enthusiast’s reviewers blind-tasted over 20,000 wines and scored with a good portion receiving high scores to find the top 100 of 2022!

The Enthusiast 100 puts the best of those discoveries front and center, calling out a savory, brambly Australian Pinot Noir from Giant Steps as the No. 1 wine of the year and a Barolo with scents of pressed roses and pine forest from G. B. Burlotto as No. 2.

Wines with high scores and lower prices got special attention because affordability is an exciting proposition for everyone and can mean wider access. Look for 22 wines at $25 and under, including a racy Spanish Albariño from Rias Baixas and a bone-dry, violet-scented Italian Lambrusco.

These 100 offerings were the most exciting wines of 2022, selected because they were compelling and delicious, had outstanding quality-to-price ratios and are broadly available for purchase. Wines were from 17 countries were represented, from Austria to Canada, Lebanon to South Africa.

The Enthusiast 100 hopes to lure you out of your comfort zone and into the unknown so that you open yourself to new varieties, styles and appellations.

Here they are: https://www.winemag.com/toplists/100-best-wines-2022/

Source:  Wine Enthusiast

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Just in Time for the Holidays – The World’s 50 Best Bars for 2022 Announcement

The World’s 50 Best Bars 2022 (sponsored by Perrier) was announced a few weeks ago at a live awards ceremony in Barcelona.

The list is compiled by votes from The World’s 50 Best Bars Academy, which includes 650 drinks experts, including bartenders and industry consultants, drinks writers and international cocktail specialists.

Barcelona, home to “Paradiso” is the newly crowned world’s best bar! For the first time since 2009, a bar outside of New York or London earned the No. 1 spot on the list. It’s a Mediterranean-style speakeasy, where you enter through a freezer door of a pastrami bar in Barcelona’s trendy El Born district. “It’s a big honor to win and a big responsibility. We will work hard to live up to being the best and stick to our principles. Our cocktails try to push creativity,” Giannotti told 50 Best on Tuesday evening state owners Giacomo Giannotti and Margarita Sader. “But it comes down to hard work. The more you work, the more you discover and the more creative you can be. We will celebrate and then go back to the bar to do what we do.”

Italy also made a strong showing in 2022’s top 50, with bars in Rome, Florence, Milan and Naples. Florence also made its first appearance as well as Portugal’s capital city, Lisbon.

London was toppled from the top spot; the city is still one of the world’s premier cocktail destinations. Five London bars made the list, including The Connaught Bar, which dropped from its No. 1 ranking for two consecutive years, to No. 8 in 2022. London’s Tayēr + Elementary, which awards ceremony host Mark Sansom said is “one of the most original bars on the planet,” held onto its No. 2 spot from 2021.

New York City was the city with the most highly ranked bars on the 2022 list with six top 50 bars, including Double Chicken Please at No. 6 and Katana Kitten at No. 9.

Double Chicken Please won the Highest New Entry award for its strong debut. Sansom, who is content director of The World’s 50 Best Bars, told CNN Travel the bar has “an almost Michelin-grade kitchen,” one example of a growing emphasis on food programs at the world’s leading bars.

Here is a List of the top 25 World’s Best Bars for 2022

  1. Paradiso, Barcelona (Winner: Best Bar in Europe)
  2. Tayēr + Elementary, London
  3. Sips, Barcelona (Winner: Highest Climber)
  4. Licorería Limantour, Mexico City (Winner: Best Bar in North America, Legend of the List)
  5. Little Red Door, Paris (Winner: Sustainable Bar Award)
  6. Double Chicken Please, New York (Winner: Highest New Entry)
  7. Two Schmucks, Barcelona
  8. The Connaught Bar, London
  9. Katana Kitten, New York
  10. Alquímico, Cartegena (Winner: Best Bar in South America)
  11. Handshake Speakeasy, Mexico City
  12. Jigger & Pony, Singapore (Winner: Best Bar in Asia)
  13. Hanky-Panky, Mexico City (Winner: Art of Hospitality)
  14. Bangkok Social Club, Bangkok (Winner: Best New Opening)
  15. Salmon Guru, Madrid
  16. Drink Kong, Rome
  17. Coa, Hong Kong
  18. Florería Atlántico, Buenos Aires
  19. The Clumsies, Athens
  20. Baba au Rum, Athens
  21. Cafe La Trova, Miami
  22. Attaboy, New York
  23. Satan’s Whiskers, London
  24. Tropic City, Bangkok
  25. Kumiko, Chicago

The full list of the top 50 can be found here:  https://www.worlds50bestbars.com/

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