The Bollinger Family to Acquire Oregon’s Famed Ponzi Vineyards

The Bollinger family, owners of iconic Champagne Bollinger in addition to four other historic estates in France, announce the upcoming acquisition of their first winery in the United States, with the purchase of Oregon’s famed Ponzi Vineyards. The transaction will unite the Bollinger family with the Ponzi family, building on the legacy the Ponzis have established as one of Oregon’s original wineries, leading the success and growth of the region’s Pinot Noir over the last 50 years.

Bollinger family holding group Chairman & CEO Etienne Bizot comments, “The United States is such an important market for luxury Champagne, Burgundy, Sancerre, Cognac, and other regions in which our family owns wineries. If there was anywhere outside of France where we felt it was critical to invest, it is in the U.S. We have quietly considered opportunities for a number of years, but it is finally with the Ponzi family that we feel we have found the ideal fit. Their bold vision to come to Oregon, the subsequent decades of recognition for continually innovating and improving – we have so much respect for what the Ponzis have achieved, and look forward to building on it together, and connecting all our brands more closely with the U.S. market.”

“We have dedicated our lives to demonstrating Oregon’s Willamette Valley as one of the greatest places on the planet for producing cool climate, high quality Pinot Noir and Chardonnay,” remarks Luisa Ponzi, the winery’s recognized leading winemaker who trained in Burgundy. “This transaction makes sense for our respective families because of our well-aligned values and shared commitment to producing wines of the very highest quality.”

“It gives us immense satisfaction to have the opportunity to pass our legacy winery on to the Bollinger family, who will continue to elevate the brand on a global scale,” Winery president Anna Maria Ponzi shares. “This is the natural next step for our brand and winery.”

The purchase includes the winery and hospitality facilities 40 minutes from Portland, Oregon in addition to 35 acres of vineyard land in the newly established Laurelwood District AVA. The winery has been an introduction to the region for countless numbers of people through not only visits but major events that the Ponzi family has been instrumental in creating and supporting, such as the International Pinot Noir Celebration, Oregon Pinot Camp and the Salud Pinot Noir Barrel Auction.

Under the leadership of a new CEO, whose recruitment is ongoing, Anna Maria will continue to lead the sales & marketing over the transition period and Luisa will remain as the Director of Viticulture and Winemaking. The Ponzi family will retain 100 acres of vineyard land and will grow and sell the grapes to Ponzi Vineyards under a long-term contract.

VINTUS, current Ponzi Vineyards national sales and marketing agent, and importer of Champagne Bollinger, Champagne Ayala, Domaine Chanson and Langlois-Chateau, will continue to represent Ponzi’s trade distribution in the United States.

#winenews #industrynews #champagne #bollinger #bollingerchampagne #Ponzivineyards#wineindustry #oregon #wine #oregonwine #willamettevalleywine #instawine #winewednesday @ponzivineyards @champagne_bollinger

 

The 60th Hospices de Nuits-Saint-Georges Wine Auction was an outstanding success!

The 60th Hospices de Nuits-Saint-Georges Wine Auction was an outstanding success! Driven by online marketing and an increase in first-time buyers, registrations up + 20% over 2020.

2021 established a new record with total sales of €1,923,000 and an increase of +19.11% from 2020. Standout bids included:

  • Nuits-Saint-Georges 1er Cru Les Saint-Georges Cuvée Georges Faiveley pièce sold for €32,000;
  • The “pièce de charité,” 228L of Nuits-Saint-Georges Premier Cru Les Saint-Georges, sold by subscription for €49,380, another record. Proceeds raised from the sale support the Institut Pasteur.

The sale of the 17 cuvées of the red wine made €1,869,000 (+ 17.51% up from the 2020 auction) and the sale of the cuvée of white wine Nuits-Saint-Georges 1er cru Les Terres Blanches – Cuvée Pierre de Pême generated €54,000, i.e. (+ 125% up from the 2020 auction).

Proceeds from the Hospices de Nuits-Saint-Georges 2021 Wine Auction will support the new Saint Laurent Hospital.

#HospicesdeNuitsSaintGeorges #onlinewineauction #burgundywines #burgundy #Bourgogne #vinsdebourgogne #vinsdefrance #vin #winelovers #EdouardDelaunay #vindefrance #winestagram #NuitsSaintGeorges #WineAuction #auction #charityauction #winenews #winecollectors #wineinvestors #fineandrare #frenchwine

Wine News: Bourgogne wines held up on the International Market in 2020

BIVB has announced their 2020 export report –  After a very good November in terms of volumes, exports of Bourgogne wines over the first 11 months of 2020 were slightly higher than over the same period in 2019 (up 0.5%), confirming a trend already witnessed in October. Revenue was also close to the record level seen in 2019, down just 2.6% by the end of November, having recovered from being down 9% just a month previously.

However, these figures should be set within a sluggish economy, impacted by both COVID and the 25% Boeing/Airbus tax, which severely penalized sales to the United States, down 14% by volume and 21% in terms of revenue, representing a loss of some €44 million. However, with volumes up 16% equating to 2.2 million bottles, the British market almost entirely offset the loss in volumes from the United States and once again became the leading export destination for Bourgogne wines.

Several territories saw big upticks in numbers, like Sweden, up 18.4% by volume and 14.2% in terms of revenue compared to the same period in 2019, and Denmark, up 24% by volume and 25.6% for revenue. Others enjoyed more moderate growth but for big volumes, like Canada (up 6.4% by volume and 6% in terms of revenue) and Belgium (1.2% and 5.5% respectively).

In France, Bourgogne wines grew their position in the retail sector, up 4.7% by volume and 5.7% in terms of revenue over the first 10 months of 2019, thanks in particular to their popularity in convenience stores and via click-and-collect. As yet, there is no data regarding the restaurant sector, which is in free-fall, or for wine stores that are enjoying a boom.

#winenews #wineeconomics #wineexports #frenchwine #Burgognewines #winesales #winemarketing #winelovers #wine #bivb #burgundy #winetrends

 

Vivino Raises $155 Million in Series D Funding

Vivino, the world’s most downloaded mobile wine app and largest online wine marketplace closed (this week) a $155m Series D funding round led by Swedish based investment firm Kinnevik with Sprints Capital accompanying as a new investor. Additional participants include GP Bullhound and existing early-stage investor Creandum. This latest round brings Vivino’s total funds raised to date to $221 million and includes a mix of primary and secondary investment.

Vivino currently boasts a community of 50 million wine enthusiasts, who turn to the platform for its personalized recommendations, unbiased rating system, and expansive selection of wines from more than 700 marketplace partners worldwide. The new capital will enable Vivino to improve its core technology and artificial intelligence platform to create better and more personalized recommendations for Vivino users. The company will also deepen its focus on select markets with the greatest potential for growth, including the US, Germany, the UK, Italy, Japan, and Portugal.

“This is a testament to the remarkable work that our teams around the globe have done to build an extraordinary business,” said Heini Zachariassen, Vivino’s Founder and Chief Executive Officer. “This round has raised important capital for our rapidly growing company and drawn some exceptional new leaders to our board. The funding will enable us to continue to build on our core strengths, expand industry partnerships drawing more merchants and wineries to our marketplace, and support our continued global growth.”

Alcohol e-commerce sales worldwide have grown immensely, and it is estimated that by 2024, they will exceed $40 billion. Zachariassen credits the company’s growth to this continued shift in consumer behavior. “Our user retention rates are high, and we’re seeing a steady conversion of app users to wine buyers. That’s a good move in the right direction. By creating more value for our users, we also create more value for the company and industry at large.”

Since its Series C raise in February 2018, led by Vivino’s current board chairman, Christophe Navarre and former CEO and Chairman of Moët Hennessy, Vivino has increased its user base from 29 million to 50 million and has significantly grown its marketplace business, which connects wineries and wine merchants to its community. The company has posted a 100% annual growth rate for the last seven years and a 103% increase in year-over-year sales in 2020.

#vivino #vivinonews #winenews #ecommerce #winemarketing #winesales #consumerbehavior #AI #mobleapp #economics #winebusiness #winelovers #winelover #wine #wineapp #vivinoapp #winetrends #winetechnology

Wine Not? American Airlines Launches Flagship Cellars, an at-home Wine Experience

Each year, a dedicated team of wine experts carefully reviews 2,000 bottles to select wines that will join the award-winning American Airlines wine program. For the first time you can enjoy these premium wines by having them delivered straight to their door with American’s new Flagship® Cellars at-home wine experience.

American Airlines has built a reputation for its thoughtful selection of award-winning wines that represent unique regions and flavors from around the world. “Flagship Cellars” is a wine passport to the world with flexible wine subscriptions or build-your-own case options. The curated collection features exclusive ultra-premium wines at a lower price and with AAdvantage® mileage benefits.

“For wine lovers around the world, wine provides a deeper connection to the places they enjoy visiting,” said Alison Taylor, Chief Customer Officer at American. “We created Flagship Cellars to provide more ways for customers to enjoy our Flagship wine even if they aren’t flying in one of our premium cabins.”

How the Flagship Cellars wine experience works:

American Airlines will hand-pick wines from its Flagship wine collection, chosen by an award-winning master sommelier exclusively for American.

Anyone 21 years or older can select their wine preferences at vinesse.com/flagshipcellars.

Customers can select from curated collections of mixed wines, build their own custom box, or purchase a monthly wine subscription that includes three prestigious wines for $99.99 USD, which includes delivery.

Subscriptions may be for a limited time (while supplies last) and can be canceled at any time. The introductory offer includes an extra complimentary bottle of wine. Program and availability limitations on orders vary by state.

In addition, members of the American Airlines AAdvantage® loyalty program can earn two miles per dollar spent on every order when they provide their AAdvantage number during checkout (excluding taxes, shipping and fees). Not an AAdvantage member? Join for free at aa.com/loyalty/enrollment/enroll.

Wines considered for the American Airlines wine program undergo a thorough process. Twice a year, the wine experts identify top selections based on their notes and historical data on what has been most popular with customers around the world. The team meets with its award-winning master sommelier to blind taste wines before presenting final options to a variety of American team members to solicit feedback and identify which wines are best suited for onboard and in lounges.

American has more Global Traveler Wines on the Wing awards than any other U.S. carrier, including four first-place wins in the past year. Since 2015, American has been the top airline for first- and business-class wines in North America.