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Takeover offers valuing Treasury Wine Estates at A$3.2bn have collapsed, leaving the Penfolds and Wolf Blass owner's current leadership to find a way to improve financial results. Treasury's share price on the Australian stock exchange plunged after it announced that the two takeover offers it had received would go no further. The group's shares finished Monday (29 September) at A$4.
I've never taken part in a true blind tasting. Have you? It would, I think, mean sitting in a cubicle in an anonymous research laboratory staffed by strangers. Wine samples would emerge through a hatch. We'd write a description of the wine, provide answers to a few questions, or score what we’d tasted according to a number of different parameters. Then go home.
London Cru, the winery in the heart of the UK capital, is to make its first English wine from the 2014 vintage after being impressed with the quality of this year's harvest. London Cru's winemaker, Gavin MoneryLondon Cru has arranged to buy 3,000 kilos of Bacchus grapes from Sandhurst Vineyards in Kent, southern England, which should be enough to produce around 2,000 bottles of still wine.
A majority of Cru Bourgeois chateaux have voted in favour of a plan that could sub-divide the classification into different quality tiers. Chateau Le Boscq, one of the 267 Cru Bourgeois estates for the 2012 vintage. Image credit: DourtheCru Bourgeois members were asked their opinion on the way forward at a general meeting last week.
The winemaker and manager of Domaine des Hospices de Beaune in Burgundy, Roland Masse, is set to retire after the 2014 vintage. Masse, who will turn 61 in November, will complete his 15th and final vintage for the annual Hospices de Beaune auction this year, a spokeswoman for the domaine confirmed to Decanter.com.
The 2015 Michelin Guide for the UK has elevated 14 restaurants across the country to one-star status, including two in Wales, two in the Scottish isles and one in Cornwall. New one-star restaurant The Crown at Whitebrook While six London restaurants were awarded their first Michelin star this year, the new guide for the UK and Ireland has highlighted eateries spanning many regio ...
French police have launched a criminal investigation after finding 248 Polish immigrants being kept in 'exploitative' conditions in one house and thought to be destined to work the Champagne harvest. The workers were found in a house in Fleury-la-Riviere, in the Marne area of France, with 12 people crammed into dormitory-style bedrooms designed for four.
Stag's Leap Wine Cellars has opened a $7m visitor centre that allows tourists to sample wines while looking out across the vineyard that delivered the estate's victory against Bordeaux in the 1976 Judgement of Paris tasting. A view from the Stag's Leap Wine Cellars tasting room Several key figures from the renowned Paris tasting were present for the opening ceremony, including D ...
The latest Burgundy export figures suggest the region's wines are becoming harder for consumers to find and there are fears that prices have risen too strongly. Burgundy wine exports dropped by 12% in volume for the first seven months of 2014, versus the same period of last year, according to Burgundy trade body BIVB.
Decanter has announced that John Stimpfig is to take up the role of editorial content director. Stimpfig, who will begin the new role on 30 September, is already a contributing editor at both Decanter and the Financial Times’ 'How to Spend It' supplement. He has 20 years of experience writing about wine and has won several awards during that time.
The new owner of Lafaurie Peyraguey in Sauternes is keen to buy more prime vineyard sites in the area, but will relinquish lesser terroirs held by the estate as part of a long-term reform plan. Silvio Denz held a reception at Lafaurie-Peyraguey during this year's en primeur tasting week for the 2013 vintageSilvio Denz told Decanter.
Extraordinary September weather may have rescued the 2014 Burgundy wine harvest from disaster, ripening 'intensely aromatic' whites and 'concentrated' reds. Pinot Noir grapes on the Corton Hill on 4 September. Image credit: BIVB Devastating hailstorms earlier this year left vignerons gloomy about the prospects for 2014.
More Bordeaux chateaux have been accepted into the Cru Bourgeois ranks for the 2012 vintage than for any year since the classification was relaunched. The Alliance des Crus Bourgeois du Medoc announced today (19 September) that 267 chateaux have made it into the official selection for the 2012 vintage. That is up from 256 estates in 2013 and is the most since the classification was reborn in 2010.
Brief but heavy storms have failed to dampen Bordeaux winemakers' optimism for the 2014 red wine harvest, as figures show producers across France plan to increase yields to compensate for shortfalls last year. Bordeaux's 2014 harvest gets underway. Image credit: Bordeaux Wines Up to 17mm of rain fell across Bordeaux on Wednesday night (17 September).
Super Tuscan estate Monteverro plans to significantly increase production of its top wines over the next decade. A view of Monteverro vineyards in southern Tuscany. Image credit: Monteverro Monteverro only planted its first vines in 2004, but the estate's German owners, the Weber family, is keen to capitalise on the rising popularity of Italy's so-called Super Tuscan wines.