Tag Archive: Bordeaux
New York’s Sherry-Lehmann Projects Revenue Growth Of 7% For Its Fiscal 2012
Sherry-Lehmann, one of Manhattan’s most renowned wine shops, reports that revenues for its fiscal 2011 ended August 31 reached $45 million, up 7% from the previous fiscal year. CEO Chris Adams says calendar fourth quarter sales last year ended strongly after a weak start in October and November. He expects to achieve another 7% sales increase for fiscal 2012. Shanken News Daily recently spoke with Adams about the highly acclaimed 2009 and 2010 Bordeaux vintages, and prospects for sales of the 2009 Burgundy vintage at Sherry-Lehmann. Continue reading →
Posted in News on February 10, 2012Wine Spectator Report: Has Bordeaux’s Bubble Burst?
Prices of Bordeaux’s top growths have plummeted during the past six months. Continue reading →
Posted in News on January 18, 2012Bordeaux Winebank Launches Online Exchange
Bordeaux Winebank, a Luxembourg-based wine trader, has launched an online sales platform, Bordeaux Winebank Exchange (BWE), to service importers, distributors, retailers and restaurants. Continue reading →
Posted in News on January 18, 2012Wine Spectator Auction Index Slips in Fourth Quarter of 2011
The Wine Spectator Auction Index, which tracks sales at fine wine auctions in the United States, fell from 341.27 points in the third quarter of 2011 to 333.50 in the fourth quarter, a decrease of 2.28%. Continue reading →
Posted in News on January 10, 2012Christian Seely Of Axa Millesimes Talks Bordeaux
Axa Millesimes is one of Bordeaux’s leading players, with wine properties including Chateau Pichon-Longueville and Chateau Pibran in Pauillac, Chateau Suduiraut in Sauternes and Chateau Petit-Village in Pomerol. The company also owns Compagnie Medocaine des Grands Crus, a major Bordeaux negoçiant. Continue reading →
Posted in News on December 13, 2011Interview: D.C. Retailer Calvert Woodley Sees Sales Hitting $20 Million This Year
Washington, D.C.-based retailer Calvert Woodley is renowned for its Bordeaux selection and has been selling Bordeaux futures since 1966. With a mere 5,000 square feet of floor space, the store’s revenues are projected to top $20 million this year—ranking it among the country’s highest-grossing beverage alcohol retailers per square foot. The business was launched in 1982 when Calvert Liquors merged with Woodley Wine & Liquor, and it’s still owned and operated by original owners Aaron Bernstein and Ed Sands. Sales have increased modestly in recent years, with wine comprising 55% of revenues, spirits 35%, beer 5% and cheese and deli 5%. Shanken News Daily recently spoke to Ed Sands about the outstanding 2009 and 2010 Bordeaux vintages and trends in his market. Continue reading →
Posted in News on December 2, 2011
