Bordeaux 2009 – the American market wants wines with value they can rely on (June 15, 2010)

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The prices of Bordeaux 2009 wine could risk provoking the rejection of the wines most prized by American connoisseurs. The owner of Sherry Lehman in New York, Chris Adams said that the wine futures campaign would “uneven”, despite the real interest in the 2009 vintage. He is betting on wines that are less well-known but with good press, which have seen significant sales: “But my early feeling is that things are getting more dangerous, mostly because there are some chateaux that I would like to offer this year, but the way the wine pricing is heading, I might be passing.”

For Philippe Larché, at Vintex, Bordeaux, “the financial crisis is still with us and that is the problem, even if the strengthening dollar will help the American wine market. And even if people are complaining, many end up buying the wine because they know it is a great vintage.”

American professional opinion is unanimous: yes, the 2009 vintage is exceptional, but they have to bank on discoveries, unknown gems that will give consumers the feeling they are drinking more than just a big name wine. The market release of Château Gruaud Larose and Giscours by wine importer Calvert Woodley has seen disappointing returns due to the too heavy increase in price with respect to their reputation: “there is not much demand for Gruaud Larose at $60 (up 68% on 08) and almost nothing for Giscours (up 43% on 2008)”, says co-owner Ed Sands.

However the representative of a Bordeaux wine estate preferring to remain anonymous told decanter.com by email: “The US wine market is no longer into Bordeaux wines and we are perceived as too expensive, even though the dollar is now higher and many California wines or Italian Super Tuscans cost more than us. It is all about perception.

A few idiotic chateau owners only see Asia and the Chinese buyers. They forget their core markets. I think lots of people in Bordeaux are too greedy, and that greed will eventually blow up in their faces.”

[ Source : decanter.com ]

Clark Wine Center was built in 2003 by Hong Kong-based Yats International Leisure Philippines to become the largest wine shop in Philippines supplying Asia’s wine lovers with fine vintage wines at attractive prices.  Today, this wine shop in Clark Philippines offers over 2000 selections of fine wines from all major wine regions in the world.  As a leading wine supplier in Philippines, Pampanga’s Clark Wine Center offers an incomparable breadth of vintages, wines from back vintages spanning over 50 years.  Clark Wine Center is located in Pampanga Clark Freeport Zone adjacent to Angeles City, just 25 minutes from Subic and 45 minutes from Manila.

Wines from Burgundy, Bordeaux, Rhone, Loire, Spain, Portugal, Germany, Austria, Alsace, USA, Australia, New Zealand, Italy, South Africa, Chile and Argentina etc. are well represented in this Clark Wine Shop.

For more information, email Wine@Yats-International.com or visit http://www.ClarkWineCenter.com

Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila

Getting to the Clark Wine Center wine shop from Manila is quite simple:  after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave.  From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City.  From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.