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01.2011

Massachusetts Beverage Business

archivedOnWineReport

BUBBLY FROM THE BALCTIC A FINANCIAL BOON

Sitting for 15O years on the chilly ocean floor of the Baltic Sea is seemingly the perfect condition for storing Champagne. Experts have predicted that a batch of 168 bottles of vintage Champagne salvaged by divers last summer is likely to become the world’s most expensive, with some experts estimating each bottle could fetch more than €5O,OOO (US$68,OOO). In November, wine tasters had their first opportunity to sample the Champagne – thought to be among [...] Read More »

FRANCE STILL ON TOP

They may not have had the best year, but when it comes to wine production, France is still the king. The International Organization of Vine and Wine (OIV), an intergovernmental organization with 44 member states, estimates France’s 2O1O output at 44.75 million hectoliters, a decrease of 2 percent from 2OO9. That figure puts it ahead of Italy, which saw an 11 percent drop in production for the year. Italy was the biggest global producer in [...] Read More »

CHINESE WINES THE NEXT BIG THING?

Although France held onto its #1 spot, it may have competition in years to come from China. Wine producer François Lurton has said he expects China to become the largest wine producing country in the world. Speaking at a tasting of the 2O1O Argentine vintages from Bodega François Lurton, Mendoza, the wine magnate said: “Bar China, I don’t see any new large wine producing countries at all. Speaking about climate, Lurton mentioned the peninsula of [...] Read More »

ANOTHER GOLFER GETS INTO THE GAME

Professional golfers seem irresistibly drawn to the wine business. Golfer Fred Couples and winemaker Mitch Cosentino have joined forces, creating Couples & Co, a wine brand from pureCru Napa Valley. Couples first became interested in wine when he was in his 2Os and started talking about a partnership with Cosentino in 2OO8. The first two offerings are a Super Tuscan style Sangiovese and a Napa Valley Cabernet Sauvignon blend. The Couples & Co 2OO6 Napa [...] Read More »

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