Tag Archive: Bordeaux
Martin Wine Cellars Rebuilding In New Orleans
In late August 2005, Hurricane Katrina lashed through New Orleans, destroying the Martin Wine Cellar store on Baronne Street. It’s been a long process, but next year owner Cedric Martin will reopen that location, where his father David founded the business 65 years ago. Martin Wine Cellar currently has five locations in Louisiana—on Magazine Street in New Orleans, in Metairie in Jefferson Parish, in Mandeville (about 30 miles from New Orleans) and Baton Rouge (90 miles away). About 70% of the company’s sales are in wine, while spirits account for 12%-14% and gourmet food and catering comprise 12%. Beer plays a minor role. Overall revenue exceeds $15 million annually. Long renowned as a retail destination in a city famous for celebration, Martin Wine Cellars has kept pace with change in the marketplace. Shanken News Daily interviewed Cedric Martin recently about trends in his operation. Continue reading →
Posted in News on June 27, 2011News Briefs for June 27, 2011
•The Wertheimers, the family that controls the Chanel Group, have acquired grand cru classé Château Matras in St.-Emilion, according to a report in Wine Spectator. Continue reading →
Posted in News on June 27, 2011News Briefs for June 21, 2011
• Bordeaux wine exports demonstrated significant growth in the first three months of 2011, according to the trade group Conseil Interprofessionnel du Vin de Bordeaux (CIVB). Continue reading →
Posted in News on June 21, 201110 Hidden Gems From Bordeaux’s 2010 Vintage
As the potentially classic 2010 Bordeaux vintage begins unveiling futures prices, some U.S. retailers are suffering sticker shock. The first growth 2009s went for over $1,000 a bottle and the 2010s are expected to soar to even higher prices—beyond the reach of most American wine lovers. But, says James Molesworth, lead Bordeaux taster at Wine Spectator, the strength of the vintage also means that there are great values to be had from some of Bordeaux’s lesser-known producers, if retailers and consumers are willing to hunt for them. Shanken News Daily checked in with Molesworth to get a few specific high-quality, low-hype recommendations. Continue reading →
Posted in News on June 20, 2011Some Top Bordeaux Estates Release 2010 Futures Prices
What had been a rather sleepy en primeur campaign for the potentially tremendous 2010 vintage took on new life this week with the release of prices from a few top estates, according to James Molesworth’s blog on the Wine Spectator web site. Continue reading →
Posted in News on June 9, 2011Wine Spectator Report Sees 2010 Bordeaux As A Modern Classic
With the 2010 vintage now resting in barrels, Bordeaux has a compelling duo of vintages in the wings, according to the latest Bordeaux report from Wine Spectator, which adds that many in the region are calling the 2010 vintage a modern classic. Continue reading →
Posted in News on June 6, 2011
