Bordeaux en primeur analysis of Smith Haut Lafitte Rouge 2016, which has been released this afternoon with a UK RRP of £78.00, an increase of 50% on 2015 release price (28% in € terms):
You can download the slide here: Wine Lister Factsheet Smith Haut Lafitte Rouge 2016
Bordeaux en primeur analysis of Château Pichon-Longueville Baron 2016, which has been released this morning at €114 ex-négociant, an increase of 19% on 2015, with volumes down 20% on last year:
Download the factsheet (and access the interactive chart via the links therein): Wine Lister Factsheet Pichon Baron 2016
Bordeaux en primeur analysis of Ducru-Beaucaillou 2016, which has been released this morning at £142 in the UK, an increase of 34% on 2015 (16% in € terms):
You can download the factsheet here: Wine Lister Factsheet Ducru-Beaucaillou 2016
Bordeaux en primeur analysis of Léoville Poyferré 2016, which has been released this morning at €66 ex-négociant, a 20% increase on 2015.
You can download the slide here: Wine Lister Factsheet Léoville Poyferré 2016
Château Margaux was the final first growth to release its 2016 wines en primeur yesterday (although we still await a second tranche from Château Lafite – see our blog post on the first tranche). The price of €420 per bottle ex-négociant matched that of Mouton and Haut-Brion, and represents an increase of 9% on 2015.
The reception was very positive all round, with pricing and volumes were both considered to be expertly judged, with one member of the Place de Bordeaux referring to the release as “very professional”, and another saying it was difficult to imagine any problems selling the stock, and “we’d be more than happy to hold a bit more back if necessary!”
A particularly astute move by the commercial team at Margaux was the decision to set a UK RRP this year, which effectively served to negate the weak pound, by curbing any possibility for UK merchants to allow themselves a larger margin, as they had done last year (when they quite rightly judged the immense demand for the very well rated 2015 – Wine Lister Quality score of 988). This means the 2016 represents a relatively modest year-on-year increase of 9% in pounds as well as in euros, rendering the RRP of £432 per bottle more palatable to UK customers.
Margaux also kept the trade happy releasing at least the same amount of the grand vin as last year, if not a little more in some cases, with UK merchants still clamouring for more. The second wine, Pavillon Rouge, was up 20% in volume terms. Bien joué.
Bordeaux en primeur analysis of Clos Fourtet 2016, which has been released this morning with a UK RRP of £84.30:
You can download the slide here: Wine Lister Factsheet Clos Fourtet 2016
Today’s blog continues to explore some of the findings from the Bordeaux Market Study, by taking a look at global restaurant presence. A fine wine’s prestige and clout on the international market is demonstrated by its distribution across the world’s top restaurants, hence this is one criteria that feeds into our Brand score. (Remember that you can read exactly ‘how it works’ on our eponymous page).
As shown in the chart below, sweet white Yquem dominates: just as it did in the 2016 study (now available to all here). Next comes indomitable fifth growth Lynch-Bages – a wine that the trade has cited as one of the best-selling Bordeaux brands – ahead of all the first growths. Lynch-Bages has overtaken Latour and Margaux since this time last year. Mouton has also moved up the ranks, present in 52% of restaurants compared to 50% in last year’s analysis. Meanwhile, Gruaud-Larose is a new entry into the top 15, replacing Montrose.
This is just a taster of Wine Lister’s 48-page Bordeaux Market Study – subscribers can download the full report from the Analysis page.
Bordeaux en primeur analysis of Margaux 2016, which has been released this morning with a UK RRP of £432:
You can download the slide here: Wine Lister Factsheet Margaux 2016
Bordeaux en primeur analysis of Léoville Barton 2016, which has been released this morning at €63.60 ex-négociant per bottle:
You can download the slide here: Wine Lister Factsheet Léoville Barton 2016
Bordeaux en primeur analysis of Domaine de Chevalier Rouge 2016, which has been released this morning with a UK RRP of £54 per bottle:
You can download the slide here: Wine Lister Factsheet Domaine de Chevalier Rouge 2016