Category: Champagne

Champagne Nicolas Feuillatte and CRVC merge to form “Terroirs et Vignerons de Champagne”

This week documents were signed for the merger of Nicolas Feuillatte and Coopérative Régionale des Vins de Champagne (CRVC) with closing on December 31.

The combined entity will be known as “Terroirs et Vignerons de Champagne”, and is projecting 2022 turnover of €287 million ($322m) on volume of 20 million bottles (1.7 million cases)—including 14.3 million bottles of its own brands—and brings together approximately 6,000 wine growers and 3,000 hectares (7,400 acres) spread over the entire appellation, representing nearly 9% of the Champagne vineyard area.

Terroirs et Vignerons de Champagne’s brand stable includes Feuillatte’s namesake label, the Abelé 1757 brand Feuillatte acquired in 2019, and CRVC’s Castelnau brand, each of which will constitute a “profit center” with direct responsibility for commercial revenues, economic performance, and development, according to the company. Feuillatte president Veronique Blin and CEO Christophe Juarez will hold the same titles at Terroirs et Vignerons de Champagne.

“The creation of this new group is a reflection of the continued consolidation of more and more players in Champagne as well as the need for a restructuring of the cooperative model. It is a response to the downward spiral in vineyard sales observed since the last crisis in Champagne in 2008 where the appellation saw the loss of 40 million bottles on the French market,” Blin said in a statement. Juarez added that the newly enlarged group will strive “to meet the various segments of the market by preserving brand equity, focusing on the international market and not giving in to the pressure of commercial promotions.”

#champagne #champagnelovers #wine #winelovers #winenews #instawine #winebusiness #ChampagneCastelnau #ChampagneNicolasFeuillatte #champagneregion #vineyard #CRVC#merger #acquisition #france #madeinfrance

The 2021 Fine Wine Market Report [Liv-ex] 

2021 has been an exciting year….

All previous records set in 2020 have been broken and surpassed in 2021, marking the most successful year ever for the secondary fine wine market.

Fine wine trading continually broke new ground in terms of the value of wine traded and the sheer breadth of wines now active in the market. Liv-ex Fine Wine 100 index, the industry benchmark (tracks the price performance of 100 most-traded wines in the secondary market), reclaimed and then exceeded its decade-old former peak, while the Liv-ex Fine Wine 1000 rose for 18 consecutive months.

Fine wine collectors returned in force to both classic labels and regions, even as the market base continued to broaden and diversify.

The recent publication of the 2021 Liv-ex Power 100 report explains many of the reasons behind this year’s results. After a challenging start to 2020, the impetus from the latter half of last year continued, unabated, throughout this year.

Key findings in the report:

  • 2021 sets new records for secondary market trade.
  • Fine Wine outperforms FTSE100 and gold.
  • Champagne is the top-performing region.
  • Burgundy’s share of trade hits a new high.
  • Bordeaux trade dips but First Growth share rises.
  • Blue-chip labels rule the roost though the market continues to diversify.

Link to the full report with charts:

https://www.liv-ex.com/2021/12/new-report-fine-wine-market-2021/

#livex #wine #finewine #wineinvestment #alternativeinvestment #winenews #winelovers #winecollectors #champagne #bordeaux #burgundy #winereport2021 #finewinelovers #winestorage #wineindustry #winebusiness #winetrade #trading #trends #winetrends #wineonline

“Bollinger 007 Bar” Launches in London’s Historic Burlington Arcade

 

 

Maison Bollinger has recently opened “Bollinger 007 Bar” in the Burlington Arcade – Mayfair to coincide with the much-anticipated release of Universal Pictures “No Time To Die”.

The new Bollinger 007 Bar will be the world’s first Bollinger 007 Champagne bar and the only standalone branded bar in London. Spread across two floors, the venue promises visitors the “ultimate James Bond experience”, complete with a replica model Aston Martin DB5.

The Bollinger Bar is located on the ground floor, is luxuriously decorated with gold leaf walls, bespoke brass and marble furniture with plush seating.

The bar will also showcase exclusive products such as The Bollinger 007 Limited Edition Millésimé 2011 – a vintage dedicated to 007 created by the House to mark the release of the upcoming film “No Time To Die.” The ‘atypical’ 2011 vintage, inspired the Cellar Master to produce a unique Champagne created entirely from Pinot Noir from the Grand Cru village of Aÿ, where the House was first established in 1829. This is the first time that both the vintage and village have been used exclusively by Bollinger to make a dedicated wine.

Champagne Bollinger has also produced a limited-edition gift box bringing together Bollinger’s signature Special Cuvée with two other icons, the Aston Martin DB5 and Bond himself.

#Bollinger #champagne #wine #champagnelover #champagnelife #winelover #winelovers #drinks #bollingerchampagne #ChampagneBollinger #AstonMartin #JamesBond #007 #NoTimeToDie #NTTD #jamesbondfan #instawine #champagnebar #champagnebarlondon #vintagechampagne #londonbar #london

2021 Champagne Shipments are back to pre-Covid Levels

Champagne shipments for 2021 are expected to reach 305 million bottles, a total that takes the market not only back up to pre-Covid levels, but beyond them, reports Reuters last week.

The forecast comes on the back of surging post-pandemic Champagne demand in markets such as the US, UK, and Australia.

If last week’s projection comes to be true this will take Champagne close to its 2017 levels, and this means 2021 could represent a four-year high for the region – see figures below.

Champagne shipments (bottles) 1999- 2021 with totals:

2021: estimated 305m

2020: 245.0m

2019: 297.5m

2018: 301.9m

2017: 307.3m

2016: 306.1m

2015: 313m

2014: 307m

2013: 305m

2012: 309m

2011: 323m

2010: 319m

2009: 293m

2008: 322.5

2007: 338.7

2006: 321.8

2005: 307.7m

2004: 301.4

2003: 293.5

2002: 287.7

2001: 262.7m

2000: 253.2m

1999: 327.0m

 

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Mumm 2021 Harvest – Part lll – “Only the Best”

Mumm 2021 Harvest – Part lll – “Only the Best”

The region’s harvest officially started September 6th this year.  The Comité Champagne announced that as much as 60% of the yield was lost due to poor weather conditions where the grapes succumbed to botrytis and mildew.

The grapes are picked around 100 days after the vines have flowered and when they are the ripest. As required by The Comité Champagne, picking is exclusively by hand, vineyard parcel by vineyard parcel, bunch by bunch. Maison Mumm employs around 1,000 grape pickers for this three-week period.

Prior to picking, MaisonMumm sends a Collard machine down the rows.  This will do some partial trimming to make it easier for the grape pickers. Once the grapes are picked, they are placed in yellow bins. Laurent Frenet [Chef de Cave of Maison Mumm] strategy is not to keep the grapes too long before pressing – once the bins are full, they are rushed off to the press houses. Mumm has seven traditional presses ‘Coquard presses’, near its vineyards.

The grapes are sorted at the vineyard level and as per Georges Hermann de Mumm’s maxim “Only the best” bunches are picked.

#harvest21 #vineyards #vineyardslifecycle #vinecycles #champagne #winemakers #champagnelovers #france #champagne #mumm#mummchampagne #maisonmumm #verzenay #ghmumm#winelover #winetourism #wineexperience #vigneron#VineyardVisit #Reims #ChampagneRegion #vinelife #madeinfrance