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Wine

Premium Canned Wine to Launch in the UK

Larkin Wines, a winery based in Napa Valley which specialises Cabernet Sauvignon and red blends retailing at around £70, is set to launch a range of canned wines in the UK, focusing on wine merchants, speciality food and drink retailers and event catering companies. The range, which will include a white blend (Sauvignon Blanc, Viognier and Rousanne), a Merlot and a rosé made from Pinot Noir, will retail at £9.99 per 375ml can. Distribution will be managed by Californian agency James Hocking Wine. Grapes have been sourced from the same small plot vineyards used for Larkin’s bottling. The new range will...

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UK Wine Exports and Domestic Sales Significantly Up

Latest figures from the UK wine industry revealed a record-breaking harvest for 2018 and a 50% increase in sales both domestic and international, with more land under vine than ever before. A survey of the UK wine industry, conducted by Wines of Great Britain, in conjunction with data analysts Wine Intelligence, confirmed that last year 15.6m bottles were produced, 130% higher than the previous year’s crop in 2017. Acreage of vineyards has tripled since 2000 with a further 2m vines set to be planted in 2019, confirming the wine industry as one of the fastest-growing agricultural sectors in the UK. Most of...

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The Most Lucrative Fine Wine Auction in History Planned by Sotheby’s

Sotheby’s have announced that they will auction one of the most important single-owner wine collections in Hong Kong this March, featuring nearly 17,000 of the finest bottles from Burgundy, Champagne, Rhône, Bordeaux, and Italy. The sale is expected to continue the momentum of wine sales, especially of outstanding single-owner wine collections. Last year, the auction house’s worldwide wine sales surpassed US$100 million. Dubbed Tran-scend-ent Wines, the sale has a total estimated value of between between US$19 million and US$26 million, the highest estimate ever for wine auctions. The most expensive completed wine sale ever occurred in Geneva last June. The...

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The True Cost of Organic Wine to UK Consumers

A study commissioned by SudVinBio and Millésime Bio, and produced by IWSR, has found that organic wines are taking market share from their traditional counterparts at increasing speed. The average organic wine costs £10.21 per bottle, compared to £7.38 for a non-organic version, however the findings showed that UK consumers are willing to pay 38% more for a bottle of organic vs. non-organic wine. Organic wine consumption, when studied in isolation from the rest of the organic market, has seen growth of a staggering 70% over the past five years, up from 3.36 million 9 litre cases in 2012 to...

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The $558,000 Bottle of Wine

A bottle of French wine has fetched a record-breaking $558,000 (£424,000) at an auction in New York. The 1945 Romanee-Conti sold for 17 times its upper estimate of $32,000 at Sotheby's in New York on Saturday. The previous record for a standard wine bottle was $233,000 - an 1869 Chateau Lafite Rothschild sold in Hong Kong in 2010. But the record for any size is $310,700 for a three-litre 1945 Mouton-Rothschild in 2007. The 1945 bottle is one of just 600 made that year by Romanee-Conti, considered to be the best Burgundy wine. It is produced in the Cote de...

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