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Wine Spectator 2008 Top-100: Italian Highlights

Submitted by Lorenzo on Thu, 2008-11-20 10:52.

Wine Spectator's 2008 Top 100 At a Glance with Italian Highlights
Each year, Wine Spectator editors survey the wines we've reviewed over the past 12 months and select the most exciting for our Top 100.
 
In 2008, we reviewed more than 19,500 wines from around the world in blind tastings. More than 5,300 of them earned outstanding ratings (90 points or higher on our 100-point scale). We then narrowed the list down based on four criteria: quality (represented by score); value (reflected by release price); availability (measured by case production or cases imported); and an X-factor we call excitement. But no equation determines the final selections: These choices reflect our editors' judgment and passion about the wines we tasted.
 
Fourteen countries are represented, making the 2008 list the most diverse group in the history of the Top 100, which debuted in 1988. Quality remains high, with an average score of 93 points, consistent with the past two years. With the dollar weak early in the year, however, prices increased, pushing this year's average to $52 per bottle. We hope that you enjoy this list of exciting values, emerging stars and classic wines and that our Top 100 of 2008 leads you to more deeply explore the world of wine.

» WineSpectator.com

We highlighted the featured Italian wines for personal reference and thought we'd share them with you:

» Italian Highlights (PDF; 146kb) | password: melgab.co.za

Enjoy!

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The Globalization of Wine

Submitted by Lorenzo on Wed, 2008-11-19 21:36.

Ed Schwartz (napavalleyregister.com) writes:

There is a lot of talk these days about the globalization of wine. Some wine people are up all night tossing and turning, worried about that sometime in the distant future, all wines will taste alike, assuming there could ever be such a thing as a "universal" taste.
 
Globalization of wine sets me off in another direction — the amazing growth of international commerce in wine in this generation. Not that international wine trade is something new. The Greeks, as in many things, did a wonderful job 2,000 years ago planting vines and spreading wine culture. The Greek trade in wine was surprisingly extensive. There was a system of appellations to ensure the origin of the best wines so that customers of Greek wines knew where the wine came from. Large stores of wine traveled wherever Greek ships traveled — and that was all over the known world. We even know from ancient records where the best wines came from. So, the Greeks developed the kind of Epicurean consciousness that is now also part of the modern wine mind.
 
I've always believed that this globalization, or internationalization of wine has caused great competition, which is always good for the development of wine and our wine industry.
 
...
 
One notable example — the wines of Italy. Not so long ago, most United States wine consumers thought of Italian wines as the rather rough, thin inexpensive wines in straw flasks with the Chianti on the label. Now, what has happened in Italy has been phenomenal and not just in Tuscany. Today, a top level wine merchant will have well over 200 Italian red wines ranging from excellent Falesco wines under $10 to a line of highly regarded wines from Gaja, some of which command prices close to $300 a bottle.
 
Today, fine Italian wines are not restricted to the Northern districts. Excellent wines are being enjoyed from Sicily to Puglia, Campania and points south. Italian grape varietals that in the past "got no respect" are now flourishing stars under new and expert hands — Nero d'Avola and Sagrantino are just two examples.

» Full Story

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Discussing The Global Economic Crisis Over $300 Wine

Submitted by Lorenzo on Mon, 2008-11-17 12:44.

This really tickles my funny bone. Deidre Woollard (luxist.com) writes:

Photo: Bottle of Hillside Select Cabernet Sauvignon

We may all be cutting back, but at the the White House dinner Friday night for foreign leaders to discuss the global financial crisis, the meal was anything but spare.
 
The menu for around 24 global leaders gathered in the White House State Dining Room included, according to the AP, fruitwood-smoked quail with quince gastrique; quinoa risotto; thyme-roasted rack of lamb; tomato, fennel and eggplant fondue; a salad course of endive, baked Brie and walnuts; and a pear torte. What's raising some eyebrows though is one of the wine selections, the Shafer Cabernet Hillside Select 2003, which runs for around $300 a bottle, if you can find it. This wine was served with the main course will more modest wines such as the Landmark Chardonnay Damaris Reserve 2006 (around $40 a bottle, served with the appetizer) and the Chandon Étoile Rosé sparkling wine (about $30 a bottle, served with dessert) rounded out the rest of the meal.
 
The President pays for his own groceries in the White House but state dinners such as this one are paid for with taxpayer dollars. It is perhaps some comfort in this case that at least two of those attending: President Bush and French President Nicolas Sarkozy are said to be teetotalers. Others in attendance included Australian Prime Minister Kevin Rudd; Canadian Prime Minister Stephen Harper; Chinese President Hu Jintao; German Chancellor Angela Merkel; and British Prime Minister Gordon Brown.

» Full Story

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Prosecco Goes for top DOCG Status

Submitted by Lorenzo on Wed, 2008-10-15 16:30.

Michele Shah (decanter.com) writes:

The Prosecco DOC di Conegliano-Valdobbiadene Consorzio has applied to the Italian government for promotion to the higher DOCG status.
 
At the same time, the basic IGT (Indicazione Geografica Tipica) level Prosecco grown in the lower plains will also have to go though stricter quality control, the DOC says.
 
Some IGTs will be elevated to to DOC (Denominazione di Origine Controllata) while others will be demoted, losing the right to put 'Prosecco' on the label.
 
DOCG (Denominazione di Origine Controllata e Garantita), established in 1963, is the highest legal category of Italian wines.
 
The Prosecco Consorzio has applied to the Ministry of Agriculture to allow promotion of the best Proseccos in 2009.
 
Speaking at the Consorzio tasting in London on Monday, Consorzio director Giancarlo Vettorello told decanter.com it was time 'to push ahead with our UK promotion as sales in UK are on the rise and Prosecco seems to be all the rage.'
 
There were 37 producers at this year's tasting, 12 more than last year.
 
Today the Prosecco DOC produces some 57m bottles of which 15m are exported worldwide. The currently imports 6% of total exports, the equivalent of 1m bottles exported in 2007.

» Full Story

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Wine Collectors Eye Cellars for Liquidity

Submitted by Lorenzo on Tue, 2008-10-14 08:44.

Sad sign of the times: collectors are resorting to selling their precious wine in order to raise capital. Lisa Baertlein (reuters.com) writes:

Photo © Manuel Silvestri: Wine bottles in a cellar

LOS ANGELES (Reuters) - Wine cellars have been taking a hit from the global credit crisis and it isn't because the owners of rare bottles are drinking more -- it's because they have been selling to raise cash.
 
The selling started with mortgage brokers and has moved to Wall Street as owners turn their collections of coveted vintages into liquid assets.
 
"People need money. Even richer people need money sometimes," Vinfolio.com founder and Chief Executive Stephen Bachmann told Reuters on Monday.
 
In the last few weeks, private collectors submitted offers to sell $10 million worth of wine to Vinfolio, a San Francisco-based company that buys and sells wine online. Normally the company has about $6 million offered to it.

» Full Story

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Why Wine Isn't Art—and Why That Matters

Submitted by Lorenzo on Sun, 2008-10-12 10:54.

Brilliant article from the recent issue of Wine Spectator written by Matt Kramer (winespectator.com):

Recently I found myself in one of those wine wrangles that, truth to tell, I usually try to avoid. (Check out any wine chat board on the Internet if you've got a taste for this sort of thing.)
 
The wrangle was with, natch, a winemaker, while at a social event. It involved the winemaker's assertion that "fine wine is art." I pointed out, as modestly as I could, that there's no denying that nature surely doesn't make wine on its own, let alone fine wine (vinegar is more like it). I then went on to say that fine wine is, at best, a high craft both in the vineyard and the cellar.
 
Probably, if I had stopped there, the discussion would have proved amicable. But I took the matter one step further. (You're shocked, I know.) I submitted that saying that winemaking, and therefore its result, is "art" was self-aggrandizing. You can imagine how that was received.
 
Now, I admit that the self-aggrandizing bit was a low blow. Still, it's true. If winemakers can get you, me and, especially, their employers to see them as artists, you know what'll happen: Their salaries will rise, and producers, for their part, will start pricing wine as "art." And you know what that means.
 
So why isn't fine wine "art"? The answer is surprisingly simple. Art is creation; wine is amplification. The big difference between an artist and a winemaker is that an artist starts with a blank sheet while a winemaker works with the exact opposite. A grape arrives at the winery with all the parts included, a piñata stuffed with goodies, just waiting to be cracked open.
 
Is there a craft to doing that? You bet there is. But where an artist conceives of something out of the proverbial thin air, no winemaker anywhere in the world can do any such thing.
 
For example, when my wine heroine Lalou Bize-Leroy bought the former Domaine Noëllat in Vosne-Romanée and transformed it into Domaine Leroy, she did not create her magnificent wines from scratch. It was all right there in the hallowed ground and old vines of her newly acquired pieces of Richebourg and Romanée St.-Vivant. She didn't create something from nothing. Quite the opposite.
 
Fine wine is not creation. It is refinement. If it were otherwise, then everybody would be "creating" Lafite Rothschild or La Tâche or any other wine masterpiece of singular, irreproducible expression and high price. Counterfeiting aside, I don't see anybody doing that, do you?
 
They don't because they can't. That's precisely why fine wine is not art. It comes from all the forces that create a particularity of site. Great winemakers—which is to say, expert practitioners of winecraft—tease what they can from the sites that are available to them by planting the right grapevines, growing them astutely, harvesting the fruit at an ideal moment (a problematic issue today given some winemakers' and critics' preferences for ever greater ripeness) and handling the fermented juice in the cellar with deft control.
 
This is no small charge, and I, for one, do not seek to diminish it in any way. But art? Not a chance. The poet E.E. Cummings put his finger on it better than anyone else: "A world of made is not a world of born." Wine is no more a blank canvas than the Grand Canyon.
 
Why does this distinction matter? Because abstract though it is, if winemakers and, yes, wine lovers, see wine as art, then the essential connection between what a grape expresses from its site and what we expect is severed. If a winemaker is an "artist," then he or she, by artistic right, can and should modify the result to suit a personal vision separate from a "mere" expression of place.
 
However, if the finest winemaking is seen as a high craft, rather than art, the expectation changes subtly yet substantively. Where art presumes a blank slate upon which a personal vision necessarily is writ large, the notion of craft is more deferential. Like great parenting, it's a guardianship of something already largely complete. The goal is refinement and amplification of what's inherent. Think of what happens when parents do otherwise.
 
So it is with wine. All sorts of technological deconstruction and reconstruction now occurs in many wineries today, especially ones creating high-end—or at least high-priced—wines. They see themselves as artists and would like to convince you of same. If they can, well, you know how distorted the results can be—and who pays.
 
Matt Kramer has contributed regularly to Wine Spectator since 1985.

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It seems obvious on reflection but it remains an important distinction to make, especially given the widespread labeling of wine making as an art form, particularly in wine marketing circles.

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Cellar's Market: Fine Wine Investing On the Rise

Submitted by Lorenzo on Fri, 2008-10-10 21:14.

It looks like the trend mentioned a few weeks back is still popular. Jennifer Waters (marketwatch.com) writes:

CHICAGO (MarketWatch) -- On a hot, sunny Friday here in September only days after the first Monday market meltdown, two well-heeled wine buyers battled each other at a private auction for the privilege of shattering a world-record price for a single case of 1982 Chateau Lafite Rothschild.
 
A Chinese buyer who flew in from Beijing for the Hart Davis Hart Co. auction won with a final bid of $54,970 -- a whopping $4,580.83 a bottle. At its release in 1984, a single bottle would have sold for roughly $100. A case of 1990 Romanee-Conti Domaine de la Romanee-Conti that was released at about $500 a bottle sold for $179,250, or $14,937.50 each. A case of 2000 Chateau Petrus was bought for $57,360, or $4,780 a bottle. At its release, the price was $750 a bottle.
 
Such dramatic price appreciation is not the norm for wine investments, but it does underscore how lucrative and resilient investing in fine wine can be -- particularly so at a time when market volatility is deflating 401(k) accounts and retirement nest eggs, and low interest rates are choking returns on cash and other investments.

Full Story

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Italians 'turn water into wine'

Submitted by Lorenzo on Wed, 2008-10-08 21:01.

Accident or intervention? You decide:

Photo: A fountain in the town centre of Marino

Wine started flowing through taps in dozens of homes during an Italian grape festival in Marino, south of Rome.
 
At the heart of the town's famous Sagra dell'Uva, or Grape Festival, is the moment when sparkling white wine flows from the fountains in the main square.
 
But this year locals and tourists had to make do with water, as bad plumbing meant the wine supply was switched by mistake to local homes.
 
...
 
"But this year," Mr Palozzi said, "Due to a technical error, instead of connecting wine to the fountains, we accidentally channelled it into some local homes.
 
"Apparently the people living around the square who got the wine coming out of their taps were very surprised, they thought that it might be some kind of present from the local council! It only lasted three minutes, we corrected it straight away."

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Coffee Giant Illy Buys Mastrojanni in Brunello

Submitted by Lorenzo on Wed, 2008-10-01 12:27.

This is the kind of cross diversification I can relate to! Kerin O'Keefe (decanter.com) writes:

Italian coffee giant Illy has just acquired the 90ha Mastrojanni estate in the Montalcino hamlet of Castelnuovo dell'Abate.
 
Founded in 1975 by Gabriele and Antonio Mastrojanni, the estate has 24 ha under vine and an overall production of 80,000 bottles a year.
 
Until now Mastrojanni has been a family-owned firm, and is known for its classic Brunellos, particularly its single vineyard Brunello, Schiena d'Asino.
 
Managing Director and winemaker Andrea Machetti, who is to remain in charge of day-to-day operations under Illy, has been with Mastrojanni since 1992.
 
'The Illy family members obviously love wine and are known for their good taste. Though they will make some investments in the business, the house style won't change and we will continue to focus on making outstanding Brunello from Sangiovese,' Machetti told decanter.com.
 
The Illy family, based in Trieste, which bought controlling shares in chocolate company Domori in 2006 as well as in French tea firm Dammann Frères in 2007, is not new to the wine business.
 
Francesco Illy, one of the four grandchildren of the firm's founder, already owns a young estate in Montalcino, Podere Le Ripi. Riccardo Illy, president of the holding group said, 'Everyone in my family has a passion for wine, and with this acquisition, we have realised one of our dreams.'

» Full Story

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Gaja: relax Brunello rules on Sangiovese

Submitted by Lorenzo on Fri, 2008-09-26 11:48.

A two tier qualification proposal for Brunello? I can't believe it's come down to this... talk about making a mountain out of a molehill. Richard Woodard (decanter.com) writes:

Italian winemaker Angelo Gaja has said that Brunello should operate a two-tier system and allow other varieties other than Sangiovese.
 
As the Brunello grape blending furore continues, the veteran Piedmont producer - who also makes Brunello di Montalcino – has suggested DOC Brunello should move on and no longer demand the wine is made from 100% Sangiovese.
 
In an article published this month in Italian newspaper Libero and local Tuscan paper La Nazione, Gaja says that if indeed Brunello producers have been adding other grapes illegally to the wine, then those producers should have been lobbying to get the appellation rules changed.

» Full Story

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