Confidence in Bordeaux – the trade’s view

As part of our recently-released Bordeaux study, Wine Lister asked its Founding Members (c.50 key members of the global fine wine trade) to give “confidence” ratings to more than 100 key Bordeaux wines on a scale of 0 to 10; 0 being zero confidence.

For the second year in a row, no wine received a perfect 10/10, unlike Burgundy, whose Domaine de la Romanée-Conti and Rousseau – as rated across all of their respective cuvées – achieved the perfect score in a survey carried out in Autumn 2017.

Seven wines received a confidence rating of 9/10 from the trade; Canon, Haut-Brion, Lafite, Le Pin, Margaux, Mouton & Petrus. These same seven were awarded 9/10 in last year’s founding members’ survey. Vieux Château Certan is the only château to have dropped down a spot to 8/10.

Canon’s place here is distinctive not just as the only Saint-Émilion to feature, but also as a wine with market prices around £74 per bottle, sitting amongst a group whose average price per bottle is £950. A Wine Lister Buzz Brand, Canon is one of the most talked about wines by the trade.

In carrying out the survey, we did not dictate what factors should influence the respondents’ confidence in the prospects of a wine. Given that they are members of the trade, their considerations are likely to be commercially-driven, taking into account everything from improvements in quality and investment in marketing to new management teams. Canon was deemed a success by trade members for both “ratings and quality improvement”, and its “sales and management team”.

Latour is the only first growth not to feature in the highest-rated group. It was given a confidence rating of 8/10, alongside 20 other wines shown below. Three of these, Pichon Comtesse, Calon Ségur and Rauzan-Ségla (alongside its abovementioned sibling from owners Chanel, Canon) also make the trade’s list of Rising Stars – wines that will see the largest gain in brand recognition in the next two years (more on Bordeaux’s Rising Stars to come next week).

Nine wines have dropped one point in 2018 to a confidence rating of 7/10, however these have been replaced in equal number by Cheval Blanc, Figeac, La Conseillante, Tertre-Rotebœuf, Léoville Las Cases, Pavillon Rouge, Montrose, Palmer, and Pichon Baron, all up one point from their ratings in 2017.

Other wines to receive a confidence rating of 8/10 from the international fine wine trade are Ausone, Ducru-Beaucaillou, Haut-Bailly, La Mission Haut-Brion, Lafleur, and Lynch-Bages.

Visit Wine Lister’s Analysis page to read the full report and see confidence ratings for other wines in the study (available in both English and French).

Chloe Ashton May 30, 2018

Bordeaux / Confidence / Founding Members / Popularity / Price / Quality / Release /

Listed: Chile’s best wines

Taking inspiration and occasionally investment from Bordeaux’s most prestigious châteaux, Chile’s leading producers have, over a relatively short timeframe, become serious contenders in the fine wine market. Having had the opportunity to carefully select their sites, and benefitting from a more consistent climate than their Old World counterparts, Chile’s foremost wines continue to go from strength to strength. This week, we consider the overall top-scoring wines from the long sliver of land that has the cool Pacific on one side and the vertiginous Andes on the other.

Leading the way is Almaviva (880). One of two Chilean Buzz Brands, this joint project between Baron Philippe de Rothschild and Concha y Toro achieves Chile’s strongest Brand score (917), the result of not only featuring in more of the world’s top restaurants but also being twice as popular as any other Chilean wine. Surely Almaviva’s association with Mouton has played a significant role in its ability to build its brand to such a level over a short period of time – its first vintage was in 1998. It also manages Chile’s highest Economics score (787) – still ranking it within the “very strong” segment of Wine Lister’s 1,000-point scale, but indicating that it is the area in which Chilean wines currently struggle to compete with their Old World counterparts.

Further proof that economic success is the department in which Chile’s best wines have the most room to improve, Chadwick achieves the country’s best Quality score (904), yet only manages a score of 295 in the Economics category. This modest score is due to a combination of negative price performance over the past six months and a failure to trade a single bottle at auction over the past year, resulting in Chadwick slipping down to fifth place overall (697).

Don Melchor is Chile’s second-best wine (824) – completing a one-two for the Concha y Toro stable. It earns its second place thanks to consistency across each of Wine Lister’s three rating categories, finishing third in the Quality and Brand categories (872 and 853 respectively), and achieving Chile’s second-best Economics score (662). It is, however, considered Chile’s most ageworthy wine, with an average predicted drinking window of 11 years, 30% longer than any other Chilean wine.

The two remaining spots are filled by Seña – the second wine from the Errazuriz stable (alongside Chadwick) – and Casa Lapostolle Clos Apalta, with scores of 760 and 751 respectively. They present contrasting profiles, Clos Apalta achieving a better Quality score (829 vs 811) and Brand score (872 vs 770), but experiencing a significantly lower Economics score (364 vs 626).

Tom Burchfield May 25, 2018

Brand / Chile / Economics / Errazuriz / Quality /

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