Leslie's Feed
Jun 19, 2013

For wine investors, it’s hard work to drink in success

NEW YORK, June 19 (Reuters) – When investing in wine, as
opposed to drinking it, experts advise leaving your taste buds
at the cellar door but keeping your eyes wide-open.

Wine is highly regulated, but the market it trades in is
not, and the entry fee is not for the faint of heart.

Dec 27, 2012

Sparkling wines, easier on the budget than Champagne

NEW YORK, Dec 27 (Reuters) – Krug Champagne, which sold at
auction for nearly $5,000 a bottle earlier this month, may be a
bit too pricey for many holiday budgets, but wine experts say
there are more affordable alternatives on offer.

Sparkling wines, from France, Spain, Germany and the United
States, are a good substitute for Champagne and won’t break the
budget.

Dec 25, 2012

Fine Bordeaux less than a fine investment in 2012

Dec 25 (Reuters) – Wine sales at auction houses were flat to
lower in 2012, with lower prices for the top Bordeaux weighing
on results.

Values for Burgundies, which have long been in short supply
and as a result command high prices, vaulted to new peaks. But,
even so, the Burgundies could not make up for the Bordeaux
disappointments.

Dec 18, 2012

Time to buy Bordeaux, sell Burgundy (and drink the rest)

NEW YORK, Dec 18 (Reuters) – Experts are advising collectors
- and investors – to buy Bordeaux and sell Burgundies as yet
another economic study finds that over the long run, wine tops
equities when it comes to delivering high returns.

When collectors speak of investing in wine, they are usually
referring to First Growth Bordeaux, a group of five top-ranked
chateaux; the very best Burgundies, usually Domaine de la
Romanee-Conti (DRC); and then select wines from Italy,
California and Australia.

Nov 20, 2012

Best wine for Thanksgiving? Not one but many

NEW YORK (Reuters) – Thanksgiving, the U.S. holiday that anyone who likes to eat loves to celebrate, is just a week away and experts agree there is not one perfect wine to accompany the feast, but many.

“No other holiday celebrates the gift of wine like Thanksgiving,” said Natalie MacLean, author of the new book, “Unquenchable: A Tipsy Quest for the World’s Best Bargain Wines.”

Nov 20, 2012

Wines of all countries have a place at Thanksgiving table

Nov 20 (Reuters) – Thanksgiving may be the most American of
U.S. holidays but wines accompanying the meal need not be
limited to home-grown varieties, wine experts said on Tuesday.

Big, bold California Zinfandels, Pinot Noirs from Oregon,
Rieslings from New York State and Norton wines from Virginia
will have a place on the table.

Nov 13, 2012

The vino files: how to get the most out of a glass

NEW YORK (Reuters) – Bargains for the world’s great wines may not be easy to come by but experts believe value can be found at any price point and to suit any preference or palate.

Whether it is buying second label wines — the younger cousins of the grand chateaux — or vintages from lesser known regions or countries, they say bargains are there for those who know where to look.

Nov 5, 2012

When it comes to wine, size matters for Charlie Trotter

Nov 5 (Reuters) – Charlie Trotter, whose eponymous
restaurant was synonymous with fine dining in Chicago, is
auctioning off his million-dollar wine cellar which is known for
the size of its bottles as much as for what’s in them.

The 4,000-plus bottle collection, which Christie’s will
auction in New York, has a significant number of so-called large
formats. Some bottles are so large they require cradles and
cranks to decant.

Oct 23, 2012

Wine auction market shrinking, Lafite bubble bursts

NEW YORK (Reuters) – The global auction market for fine wines, which saw more than $500 million in sales in 2011, is expected to shrink to about $400 million this year as supplies and credit tighten and bidders back away from Bordeaux, experts said on Tuesday.

“Bordeaux accounts for 50 percent of the (auction) market, Burgundy 35 percent, which means that Italians, Californians, cults make up the rest,” John Kapon, auctioneer for Acker Merrall & Condit, explained.

Oct 9, 2012

New World rises to the challenge of Europe’s poor wine harvest

NEW YORK, Oct 9 (Reuters) – North American winemakers are
having a near perfect harvest this year in stark contrast to
their European counterparts, who have suffered from bad timing
and worse weather.

In Portugal some vineyards are reporting yields down 40
percent and in parts of Burgundy in France hail storms have
destroyed nearly 80 percent of the harvest.