2024 was a year of transition for the wine world, with old-guard retirements, new buyers on the scene and big names changing hands. Market shifts saw previous owners buying back their namesake businesses, an average 25 percent drop in Bordeaux futures prices, and major retailers adapting their strategies to attract younger consumers. The year also
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Bottles of Marchesi Antinori’s super Tuscan Tignanello raised nearly $190,000 at a London auction organized by Christie’s, on Nov. 26 and 27. The bottles came straight from the Antinori cellars, giving collectors a rare chance to secure one of Italy’s most beloved wines with unbeatable provenance. The auction celebrated the 50th anniversary of the release
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All eyes on Aglianico. Scientists from a cohort of Italian universities have published a study on the potential health benefits of a specially-designed pomace made from the byproducts of Campania’s flagship grape. According to their paper, Aglianico could potentially spare diabetes patients from blindness. Almost a quarter of patients with type 2 diabetes will experience
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Until 11:45 p.m. ET on Tuesday, Dec. 3—Giving Tuesday—wine lovers have the chance to bid on rare bottles of Burgundy, Beaujolais, Napa Cabernet and more, all for a worthy cause. Proceeds from the auction, organized by Edouard Parinet of Château du Moulin-à-Vent in Beaujolais, will support Wine on Wheels, the nonprofit founded by New York City
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It was an auction lot so good, it sold three times. Lot number five at the Emeril Lagasse Foundation’s Carnivale du Vin on Nov. 16 was “Chef Charlie Trotter’s Legacy,” starring a bottle of Château Margaux 1900 from Trotter’s personal collection, donated by his widow, Rochelle. Trotter had said if he ever planned a last
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The California wine industry is in the doldrums as it faces three challenges at once: consumer spending on wine is declining, inventory is backed up in the sales pipeline and there’s a glut of grapes and bulk wine left over from the 2024 harvest. The last hazard, the oversupply of grapes, poses an immediate threat. Many
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Should wineries in California, Oregon and other states be able to sell wines directly to Iowa retailers, bypassing wholesalers? Yes, according to a Sept. 30 federal court decision. U.S. District Judge Rebecca Goodgame Ebinger ruled it was unconstitutional for Iowa to allow in-state wineries to sell directly to Hawkeye State retailers while preventing out-of-state wineries
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Burgundy is the type of wine region that invites delight, fascination and even obsession. Now, Burgundy fans have the chance to buy their very own piece of wine history. On November 12, the Bourgogne Wine Board (BIVB) will conduct an auction of retired appellation signs. The signs, which until recently adorned the roadsides and vineyards
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