Think France has lined up a fantastic array of presenters, including Rebecca Gibb MW, Greg Sherwood MW, Chateaux Lestrille’s Estelle Roumage and Richard Hemming MW, who will be heading up a far-reaching range of masterclasses exploring aspects of this seminal wine producing country.
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CA Grand Crus has put two of its Bordeaux estates up for sale - Château Blaignan (Médoc) and Château La Tour de Mons (Margaux).
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Fine wine and spirits merchant BI has reported an 8% increase in annual turnover to £95 million boosted by a hike in sales to UK buyers.
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Château Castera has expanded its UK distribution via a new partnership with independent Scottish online retailer Exel Wines.
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Once again we are catching up with the trade over the next few weeks to find out how businesses are making the most of the all-important Christmas trading period, while also looking ahead to the challenges and opportunities 2019 will bring.
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Burgundy thrived, Bordeaux consolidated and wine investment proved more stable than gold, according to the Liv-ex annual summary of the 2018 market, described as “a record breaking year”.
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As summer slides inexorably into autumn, we Brits start ringing the seasonal changes. Light cotton shirts give way to warm sweaters, then the coats come out of seasonal hibernation. Afterwards there’s the annual dither about whether or not to switch the central heating on yet. Before you know it they’ll be playing Band Aid’s Do They Know It’s Christmas on a continuous loop in every shopping mall and supermarket between Land’s End and John O’Groats and offering deals on anything from Play Station consoles to family-sized boxes of Quality Street.
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Bordeaux stalwarts Maison Sichel has revealed its annual promotion will be heading to Davy’s Wine Merchants this year for the 2018 Sichel Independents Initiative.
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Vignerons de Tutiac and the Vignerons d’Uni-Médoc have joined forces to form a ‘strategic Bordeaux union’.
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AXA Millésimes, which owns leading wineries in Bordeaux, Burgundy, The Douro and Tokaj, has announced the acquisition of Outpost Wines on Howell Mountain in Napa Valley.
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In a first for the region, the town of Blaye in Bordeaux is to host a European Gay Wine Weekend from 18 to 21 October.
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The widely reported hailstorms in Bordeaux during the weekend have been estimated to have hit 3% badly in terms of surface, with a further 3% likely to have been affected on a lesser scale, according to the Bordeaux governing body CIVB.
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Vins de Bordeaux has revealed it is launching a series of educational tastings especially created for wine trade professionals.
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2017 saw an increase in exports for Bordeaux to key markets such as UK, Germany and Belgium, with the US and China also on an upward trajectory, delivering significant growth in higher priced wines.
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French wines rank third in the UK off-trade in terms of value sales by country of origin (Nielsen, off-trade MAT to December 12, 2017), and fourth in terms of volume, with only New Zealand commanding a higher average price per bottle sold, at £8.80 versus £9.50 respectively.
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The official Bordeaux wine body has announced a number of initiatives lined up for the UK for 2018, including an official Bordeaux Wine Month to run in UK independents throughout the month of June.
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CA Grand Crus has appointed Stéphane Charreyron as commercial director of Château de Santenay.
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Chinese investor Peter Kwok has acquired his seventh vineyard in Bordeaux with the purchase of Château Bellefont-Belcier - a Grand Cru Classé estate in Saint-Emilion.
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With the all-important Christmas trading period underway - and hopefully turning passion into profit for the trade - we at Harpers are looking ahead past New Year to see what’s in store for the trade in 2018.
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Burgundy has had its best trading year in a decade and is at an all-time high for 2017, according to Liv-ex, the global fine wine trading marketplace.
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