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Fierce bidding for thousands of wines amassed by ex-Cru restaurant owner Roy Welland has sent prices soaring above pre-sale estimates at a first auction in New York. Domaine G Roumier wines formed a significant part of Roy Welland's Burgundy collection sold off by Wally's.
French wineries may come under added financial pressure as the government considers imposing social charges on wages paid to harvest workers with short-term contracts. Part-time harvest workers are crucial to France’s wine industry. Across agriculture in general, around 300,000 temporary harvest contracts are signed each year, representing around two-thirds of the country's harvest workers.
Fine wine buyers have spent August rediscovering their thirst for top Bordeaux, according to several traders, but talk of a full-blown recovery is premature. For the first time in a year, trading platform Liv-ex has reported a month-by-month increase on its Liv-ex 50 index, which tracks sales of the 10 most recently bottled vintages of the five Bordeaux first-growths.
Chateau de Pommard in Burgundy has been sold to American digital entrepreneur Michael Baum for an undisclosed fee. An aerial view of Chateau de Pommard. Image credit: Chateau de Pommard Baum, who is chief executive of Founder.org in California’s Silicon Valley, has bought the 18th Century estate from Maurice Giraud.
Strong demand for premium South African wine propelled the 40th Nederburg auction to one of its highest totals, despite lower quantities released for sale. Bidders at the 2014 Nederburg wine auction. Image credit: Nederburg Auction / DistellOrganisers said this year’s auction fetched 7m South African rand (£393,000), the highest total since sales of 7.47m rand in 2005 and a 60% increase on 2013.
Brunello di Montalcino's producer council has said it will take legal action against anyone found responsible for the stash of €1m-worth of falsely labelled wine seized by Italian police.
Chilean winemaker Aurelio Montes intends to plant vines in Peru's Sacred Valley, near to the ancient city of Machu Picchu, to test the area's ability to produce wine. Aurelio Montes is keen to experiment in Peru's Sacred Valley. Image credit: Wikipedia / Charles Gadbois Montes (pictured) told journalists at a dinner in London this week that the vineyard trial in Peru will begin next week.
Christine Lurton de Caix has been appointed as ambassador for the most prestigious chateaux within her family company, Vignobles Andre Lurton, but denied that the move is part of a succession plan. Lurton de Caix (pictured) stepped down as director of Chateau Dauzac this summer, when French insurance company MAIF bought the Lurtons’ 42% stake in the estate to become sole owner.
Spilt wine has accounted for the bulk of wineries' estimated financial losses following California's worst earthquake for 25 years, with total costs now believed to be more than $80m. Damage to component wines for blending at Silver Oak Cellars.Image credit: David Duncan Barrels were thrown across cellars and bottles slid from shelves to smash on the hard floor below during the 6.
Summer rain has left winemakers across northern Italy facing difficult conditions for the 2014 harvest, but while many still remain optimistic there are higher hopes further south in the country. Peter McCombie MW hosts a Chianti Classico tasting at Decanter's Simply Italian - Great Wines even in London.
The winners of the 2014 Roederer Wine Writers' Awards have been announced at a ceremony in London, with Decanter columnist Jon Bonne among those claiming prizes. Winners of the 2014 Louis Roederer International Wine Writers' Awards. Jon Bonne is fifth from left.
Italian police have seized enough fake Brunello and Rosso di Montalcino wines to fill more than 200,000 bottles as part of a probe into an elaborate fraud operation, according to officials. A video-still image of Italian police investigating the source of thousands of litres of fake Brunello di Montalcino.
Producers of some of Italy's most famous wines, including Chianti Classico and Brunello di Montalcino, have been angered by an official report that warns vineyards are a potential threat to biodiversity. The vineyard landscape around Montalcino in Tuscany. Click on the following two images to compare aerial photos of Poggio San Polo vineyard land in 2013 and in 1954, prior to cultivation.
English winemaker Chapel Down is aiming raise up to £4m via crowdfunding to expand its vineyard holdings and prepare for a coming consolidation period in the English wine sector. Chapel Down has launched the fundraising project via crowdsourcing website Seedrs.
A further six students, including four women, have made it through the notoriously gruelling Master of Wine exams to earn their place in the wine world's elite club. The Institute of Masters of Wine (IMW), has announced its newest members as Anne Krebiehl, Nastasha Hughes, Robin Kick, Louise Sydbeck, Rob MacCulloch and Nicholas Paris. There are now 319 MWs globally.