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Wine Critics: A good or Bad Thing?

The Fine Wine Investment Market is driven by critics. Today we explore whether their influence is deserved, as well as whether we should listen? If you have been involved in the Fine Wine Market on any capacity, chances are you have come across Robert Parker Jr. Although there are many wine critics across the world Robert Parker Jr's influence is unrivalled. He offers a simplistic scoring system. 50 Points is the lowest score a wine can received, and 100 is the highest. Many regard Parker as the guru of the Fine Wine Marker. His influence can quite literally make or break a wine. This has lead to a culture within the wine producing world where producers aim to please him. Because if Parker is a fan, chances are the rest of the wine community will follow. Should one man have such an influence? This questions has been asked many times over the decades and...

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Boom Times for Austrian Wine

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An unheralded wine-producing region is enjoying the fruits of its labors – and the spotlight. By Natalie Sellers | Posted Friday, 16-Mar-2018 With a booming worldwide wine trade, it can be tough to pick the next big thing – but the central European country of Austria might just be it. Despite a small 2016 vintage, which reduced Austria's normal export volume by 3.3 percent to 46.8 million liters, the quality continued to be markedly high, leading to Austria's greatest export year for wine. A total increase of 7.4 percent was reported by the Austrian Wine Marketing Board, translating to a record total of €158.6 million ($195m), the first time Austria has made it past €150m. Austrian wine exports rose rapidly from the end of the 1990s, but hit a plateau in 2004. Three years later, another steep rise saw exports almost double by 2013. Growth halted then for another three years, but looks to be...

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Champagne Exports Hit Record Heights

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Life's a gas for bubbly producers as thirsty international markets drive sales through the roof. By Caroline Henry | Posted Wednesday, 21-Mar-2018 Champagne exports hit a new record last year, with new markets making up for a disappointing result in one of the region's traditional strongholds. Poor sales in the UK were attributed to a post-Brexit tightening of household purse strings and a devalued currency, but Asia helped producers forget about the gloomy British picture. The record value figure was carried by the increasing export sales – which are now just shy of 50 percent of the total production, with 153.5m bottles sold totaling €2.8bn, or 57.4 percent of the total sales value. In concrete terms this means export sales increased by 5.4m bottles compared to 2016. The French market share decreased slightly in volume (from 158m bottles to 153.8m bottles) but the sales value remained stable at €2.1bn. Over the weekend, the Comité Champagne...

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FINE WINE INVESTMENT: PAST PERFORMANCES

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As we shall see, investing in fine wine is becoming more like investing in stocks and shares as the market expands, a feature attested to in many recent Liv-ex reports. This means that all investors have to be very careful as to what exactly they buy. You can’t just pick up a few cases and expect all to be well. The market is now much too broad for that. 30 years ago the range of availability was so narrow that virtually anything you bought went up in value. Not now, as is patently obvious from the evidence which follows. When assembling the portfolio a year ago we took the view that an overweight position in Bordeaux was merited as the recovery in prices from mid 2015 would lead to an improvement in confidence in the sector, and while that has been true for the ‘Super Seconds’ and the Second wines on the...

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10 Things Every Wine Lover Should Know About La Mission Haut-Brion

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This Bordeaux estate has been producing wines fit for royalty for nearly 475 years No. 1: A matter of destiny: In 1983, Château La Mission Haut-Brion became the property of Domaine Clarence Dillon – already the owners of neighboring estate Château Haut-Brion. The history of the properties shows that they were first linked right back in 1540, when Bordeaux merchant Arnaud de Lestonnac bought a parcel of land in Pessac – known as the Arregedhuys plot – that would one day form the basis of La Mission Haut-Brion. In the same year, de Lestonnac married Marie, sister of Jean de Pontac, the first significant owner of Château Haut-Brion, who had arrived there just seven years earlier. The marriage meant that the two men became brothers-in-law, and the estates became friendly rivals – although it would take almost 450 years for them to be officially joined. No. 2: Aristocratic buyout: For the formal signing of the 1983 purchase...

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The Million-Dollar Nose

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With his stubborn disregard for the hierarchy of wines, Robert Parker, the straight-talking American wine critic, is revolutionizing the industry -- and teaching the French wine establishment some lessons it would rather not learn. THE most influential critic in the world today happens to be a critic of wine. He is not a snob or an obvious aesthete, as one might imagine, but an ordinary American, a burly, awkward, hardworking guy from the backcountry of northern Maryland, about half a step removed from the farm. His name is Robert Parker Jr., Bob for short, and he has no formal training in wine. He lives near his childhood home, among the dairies and second-growth forests in a place called Monkton, which has a post office but no town center. A new interstate highway has reduced the drive to Baltimore to merely thirty minutes, but otherwise has had little effect. Monkton remains rural...

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AFC Wimbledon handed Wembley return against Spurs

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AFC Wimbledon will return to the scene of glory in 2016 with tonight's Emirates FA Cup draw handing Neal Ardley's men a third round match against Tottenham Hotspur. The Dons will face Spurs at Wembley on the weekend of 5-8 January as a reward for knocking out Charlton Athletic 3-1 yesterday. Of course, Wimbledon last faced Premier League opposition in a competitive match in January 2015 when the Dons suffered a gallant 2-1 defeat against Liverpool. Ticket details will be announced for the match at Wembley in due course.   Image Credits...

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