Category: Articles

Fine Wine’s Benchmark Index Sets a New Record

Fine wine prices have risen consistently over the past 17 months, the market’s most bullish period to date.

 The Liv-ex Fine Wine 100 index, which tracks the price performance of the 100 most sought-after fine wines on the secondary market, rose 2.2% in October to close at 372.44 – an all-time high.

This is according to a recent article from Liv-ex (the London International Vintners Exchange) titled ‘Fine wine’s benchmark index sets a new record’, which explores how and why the index has set a brand-new record in October.

The article looks at the history of the Liv-ex Fine Wine 100 index, which can be found on Bloomberg terminals. It was officially launched in December 2003 but backdated to July 2001, in its first two decades, it has increased 272.4%, survived three global financial crisis and returned more than the S&P 500.

With fine wine prices consistently rising over the last 17 months, the longest bullish period in the fine wine market to date, it indicates high investor confidence and a healthy market.

Liv-ex is the London-based global marketplace for the wine trade, where 550 fine wine businesses from around the world buy and sell wine. What happens on the exchange is a reliable indicator of the health of the secondary wine market.

#livex #wineinvestment #finewine #winecollectors #wineexperience #vin #wine #bordeaux #winestagram #instawine #winecollector #france #italy #winelive #wineeconomics #winebiz @livex #winelovers #winemarket #winenews

161st Hospices de Beaune Charity Wine Auction – November 21st, 2021

On the occasion of the 161st edition, the profits from the sale of the charity auction “Pièce des Présidents” will be donated to two associations that work to support women’s causes:

  1. The National Federation for Women’s Solidarity, sponsored by French actress Jeanne Balibar, works to combat violence against women; and
  2. The Curie Institute, sponsored by French actor Pio Marmaï (seen in the movie Back to Burgundy), supports medical research against breast cancer.

In addition to supporting charitable causes (established in 1978), the Hospices de Beaune Wine Auction also enables investments to be made to meet the health needs of the region, namely the improvement of medical equipment and the modernization of infrastructures. The completion of the reconstruction of the Philippe le Bon Hospital represents an investment of 70 million euros spread over the next 6 years.

This is the first time the Hospices de Beaune has partnered with Sotheby’s and will be presenting 349 barrels for sale:

293 barrels and 2 half-barrels of red wine

56 barrels and 3 half-barrels of white wine

The 148th Fête des Grands Vins de Bourgogne brings together some 700 estates, producers and cooperatives, who will be offering their latest vintage for tasting. In total around 3,000 wines will be on offer.

Auction Details
Date: Sunday 21st November
Time 2.30pm – 161st Hospices de Beaune Charity Wine Sale
Location:  Halles de Beaune, Place de l’Hôtel Dieu, Entrance B for journalists and others – (invitation only)

#Wineauction #BourgogneWines – #HospicesdeBeaune #auction #charityauction #winelovers #winenews #winecollectors #instawine #frenchwine #Bourgogne #redwine #whitewine #grandsvinsdebourgogne #vin #vintagewine #hospicesdebeaune #beaune #burgundy #beaunetourisme #bourgognetourism #bourgognelovers hospicesdebeaune #beaune #burgundy #bourgognetourism #bourgognelovers #Sothebys #Sothebyswine

Manachain Monaghan wins the “Flor de Caña Sustainable Cocktail” Challenge

Manachain Monaghan from the UK has been crowned the global champion of Flor de Caña’s Sustainable Cocktail Challenge with his ‘Steamship’ cocktail!

Monaghan, owner of Below Stairs Bar, beat 30 other international bartenders and mixologists in a virtual edition of the competition which challenged entrants to make the most ‘spectacular’ sustainable cocktail.

About The Steamship Cocktail
Steamship is a zero-water waste cocktail made with home-made cacao and lime bitters, coffee liqueur made from re-used Nicaraguan coffee beans and Fair-Trade certified sugar, saline solution and Flor de Caña 12, served over ice on a coaster made from dehydrated pear.

“I wanted to create a beautiful cocktail that captured the essence of Nicaragua and proved that sustainability can be embraced behind the bar to improve the flavour and experience of our cocktails,” said Monaghan.

As the Global Champion of Flor de Caña’s Sustainable Cocktail Challenge, Monaghan was awarded US $10,000 and his cocktail creation will be promoted globally by the brand.

About the Competition
The judges were: Salvatore Calabrese, Julio Cabrera, Hannah Sharman-Cox and Siobhan Payne. Each drink was evaluated based on four criteria: sustainability, flavour and appearance, creativity and inspiration.

Carlos Sierra from Colombia and Joe Ngui Wee Kwong from Malaysia earned the second and third spots in the competition, winning a prize of US $5,000 and US $2,500 respectively.

Flor de Caña
In addition to being the world’s only Carbon Neutral and Fair-Trade certified spirit, its rum is distilled using 100% renewable energy and all CO2 emissions during fermentation are captured and recycled.

#cocktails #cocktail #cocktailcompetition #spirit #rum #flordecana #sustainablecocktail #bartender #mixologist #drink #bar #bartenderlife #cocktailsofinstagram #cocktailtime #drinksinstagram #cheers

Vignobles Bonfils announces new luxury wine tourism complex in Languedoc “Château Capitoul”

Vignobles Bonfils has just announced the opening of Château Capitoul, a luxury wine tourism complex at the heart of AOP La Clape in Languedoc.

The family-owned group is one of the largest vineyard owners in France, with 1,600 hectares under vine. Vignobles Bonfils also maintains 17 châteaux and estates in Occitania and 4 wine tourism sites.

Since 2011, through its alliance with Domaine & Demeure, Bonfils has jointly brought 3 of Languedoc’s flagship estates back to life: Les Carasses, Saint-Pierre de Serjac and, in 2021, Capitoul. In Roussillon, they have achieved the same with the inspirational Château l’Esparrou.

Laurent Bonfils, company CEO, said of the complex: “Being a wine tourism practitioner implies creating an emotional bond and becoming a region’s ambassador.”

The estate was purchased in 2011 and after a three-year renovation, the showpiece of 19th-century winery architecture has been restored and transformed.

The 93-hectare estate encompasses garrigue, olive groves, grounds and 62 hectares of unbroken vines while being nestled amidst the unspoilt countryside in Languedoc’s largest national park and Natura 2000.

Eco-Friendly and sustainable practices have been employed to protect the natural surroundings, especially the site’s water resources. Around the edges of the vineyards, a dry-stone wall habitat has been built for ocellated lizards.

The 62 hectares of Grenache noir and blanc, Syrah, Mourvèdre, Marsanne, Roussanne, Bourboulenc and Cinsault vines surround this iconic property in AOP La Clape, Languedoc’s first appellation to be granted village-designated status, for reds and whites. The re-opening of Château Capitoul coincides with a complete overhaul and redesign of the range. Under the La Clape appellation, it boasts 6 reds and 5 whites along with 3 Languedoc rosés.

#ChâteauCapitoul #madeinfrance #frenchwine #Languedoc #Roussillon #france #winelovers

#vin #Cinsault #winetourism #winetourismfrance #vineyards #redwine #whitewine #instawine #Syrah #winenews #winetrends

Languedoc Appoints its first General Director, Stéphanie Daumas

On October 1, Stéphanie Daumas became the first person to hold the role of General Director for the regional body of AOP Languedoc since the post was created in 2007.

The 41-year-old oenologist and lawyer previously managed the Vaucluse IGP, the Vieille Julienne estate in Châteauneuf-du-Pape and the Victor Contis cooperative in the Southern Rhône. Between 2014-2018, Stéphanie also had a leading position for the Dolia negociant business subsidiary of Raphaël Michel France’s largest bulk wine supplier.

 

#womeninwine #womenwinemakers #womenleaders #wine #frenchwine #instawine #languedoc #vinsdulanguedoc #vin #igersfrance #occitanie #vins #languedocwines #languedocwinelovers #madeinfrance #aoclanguedoc