One of the quiet reasons the fine wine world is struggling is that there are simply too many great wines. This may sound counterintuitive, but the more I think about it, the clearer it becomes: so many bottles now overdeliver at their price point that some of the traditional powerhouses feel less essential. Plenty of cult labels, lacking true scarcity, raised their prices dramatically over the past decade—while some deserved the acclaim and rewards, others pushed their customers to look elsewhere. And that “elsewhere” has gotten so good, it’s hard to go back.
Read MoreYields are down. A common colloquialism among many in the supply side of the wine world. Since wine crops are so measurable, it is not just out there to garner sympathy—it is usually a meaningful component to quality of a vintage and the marketplace for the wine. But low yields are a symptom that can be ascribed to many different issues, good and bad. We take a look at what it means for the 2022 vintage.
Read MoreAs my colleague Ralph Sands says, right now, this is a vintage with good wines. Whether or not it is a great vintage is still very much up in the air, and tastings will continue to prove it out either way in the coming days. In our first main day of tasting, we visit St-Estephe, the powerhouses of Pauillac, and start into St-Julien.
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