Chateau d’Yquem Won’t Produce 2012 VintageDecember 17, 2012
Storied Sauternes producer Chateau d’Yquem is canceling its 2012 vintage after heavy rains during harvest resulted in low quantity and lackluster concentration across its crop, reports AFP, quoting d’Yquem CEO Pierre Lurton. Chateau d’Yquem typically produces around 100,000 bottles worth $33 million in sales.
Lurton said the decision not to produce this year has the blessing of Bernard Arnault, head of majority brand owner LVMH. The move has precedents in 1952, 1972 and 1992, leading Lurton to joke that d’Yquem appears to be cursed every 20th vintage. Chaotic weather conditions led to a short harvest across much of Europe this year, with the Bordeaux region, of which Sauternes is a part, seeing an especially difficult vintage.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.