DE Bortoli Wines, one of Australia’s largest family-owned wine groups, has more than doubled its profit, but the sharp uplift in earnings had little to do with its vineyard and was rather the result of good luck on the sharemarket and slashing costs across the business.
"One of the things that brings us all together in this room is that we all love great wines," pointed out vintner Mark Carter during a Wine Experience seminar devoted to Napa Valley's historic To Kalon vineyard. "Great wines come from great vineyards," Carter added, "and To Kalon is one of the greatest vineyards in the world."
“Wine is a time machine,” Jean-Michel Cazes said. “It’s the only time machine that really works.” After 30 years at the helm of Château Lynch Bages in Bordeaux, Cazes speaks from experience, and he offered a superb example with the classic 2000 vintage from the fifth-growth estate's cellar.
Pol Roger Champagne dating from the start of World War I and three bottles of Chateau Lafite Rothschild 1929 Bordeaux will be auctioned in London at a sale that includes Solaia wines from the Antinori family’s estates in Tuscany for collectors looking beyond famous French wines.
n the third quarter of 2014, the Wine Spectator Auction Index, which tracks sales of commercial wine auctions in the United States, barely budged, inching ahead by 0.2 percent from 337.63 to 338.39 points. The lackluster performance is less an indication of market weakness than a function of reduced volume.