Liv-ex invests in its Market Data & Insights with new hires.
London, UK: Liv-ex today announces a new chapter for its market leading Insights product, with the hiring of Rupert Millar as Managing Editor and Felicity Carter as Editorial Consultant.
After 20 years of building the global marketplace for wine, Liv-ex data has become the industry benchmark. Not only does its data help merchant members value their (and their client’s) stock and make informed trading decisions, but it is also widely distributed by the trade press and critics portals. Liv-ex’s benchmark index, the Liv-ex Fine Wine 100 is also quoted on Bloomberg and Refinitiv (formerly Thompson Reuters) terminals.
Ornellaia announces new Napa project 5th February, 2021 by Rupert Millar
Tuscan estate Ornellaia has announced a new venture in California in partnership with Dalla Valle Vineyards, called ‘DVO’.
The first wine from the new label, the 2018, is due for release this October. It is an almost 100% Cabernet Sauvignon save for a little Cabernet Franc added too.
Ornellaia’s estate director Axel Heinz and Maya Dalla Valle, said in a joint statement: “Dalla Valle and Ornellaia’s friendship and shared passion for great terroir has propelled us on a new journey to create a unique and distinctive wine that balances the expressiveness of Napa with a decidedly Italian approach to elegance.”
Online retailer Winebuyers seeks ‘investors’ 5th February, 2021 by Rupert Millar
Online wine club Winebuyers is seeking buyers and/or investors for its business, presenting itself as a thriving concern when, behind the scenes, there is a growing clamour from a string of unpaid suppliers and unhappy customers.
The “disruptive” and “exclusive” online wine club is currently listed as an acquisition opportunity on Hilco Streambank’s website, the company having been appointed to, “actively seek interested parties in relation to the opportunity to acquire, or invest in, Winebuyers”.
The bid deadline has been extended to 10 February 2021.
Launched in 2018, apparently “in response to the wine trade’s slow uptake of e-commerce”, the offer claims that Winebuyers is, “fast becoming the largest online shop” with access to 50,000 wines and spirits.
En Magnum targets file lawsuit 4th February, 2021 by Rupert Millar
Sandrine Goeyvaerts and Fleur Godart, two women at the centre of the
En Magnum cartoon furore last year, have filed a lawsuit citing sexism and cyber-harassment.
In late November last year the Bettane & Desseauve title
En Magnum, published a cartoon which was decried as “crude”, “misogynistic” and “sexist”.
It featured a tall, blonde woman wearing a revealing red dress propositioning a squat, rotund wine merchant in order to make him list her wine.
The woman was widely believed to be a barely-veiled caricature of Godart, founder of a wine agency and a leading figure in Paris’ natural wine scene.
Catena Institute finds ‘irrefutable proof’ of terroir 4th February, 2021 by Rupert Millar
The Catena Institute of Wine has announced the publication of a new paper which it says, “irrefutably proves the existence of terroir and its persistence across vintages”.
A long-debated term in wine, its meaning and even existence supported and dismissed by generations, the study set out to find if wines (not grapes or must) from different sites could be identified by a chemical fingerprint.
Published today in the journal
The researchers compared wines from four different levels of terroir in Argentina’s Mendoza – focusing on 23 individual parcels smaller than a hectare distributed across three large regions, six departments, 12 geographical indications and over three vintages (2016, 2017 and 2018).