2. Bordeaux: A Most Heavily Institutionalized Wine-Producing Region This chapter will mainly focus on how the high degree of institutionalization of Bordeaux’s vineyard provides certain quality signals that are visible for any operator on the wine market. First‚ we will define fine wines. The concepts of appellations of controlled origin and classifications will then be explained‚ as well as how they may be seen as quality signals. 2.1. Defining Fine Wines Before discussing the wine market any further
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Type of wine Rose wine Character of the wine Dry‚ full bodied‚ typical flinty taste Food harmony (2 dishes) Seared cod with red wine sauce‚ Sautéed chicken with wild mushroom. Commercial argumentation This beautiful Pinot Noir opens up with very aromatic flavors. It is essential summer wines‚ easy to drink fresh and fruity. It has a lovely red fruit aromas with the smooth end. Cost& sale price 2009 Dôle Blanche‚ Charrat‚ Verteys Price: 14 Chf. References: Swiss Wine Growers Association
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ASSOCIATION OF WINE ECONOMISTS AAWE WORKING PAPER No. 1 Editor Victor Ginsburgh THE IMPACT OF GURUS: PARKER GRADES AND EN PRIMEUR WINE PRICES Héla Hadj Ali Sébastien Lecocq Michael Visser April 2007 www.wine-economics.org The impact of gurus: Parker grades and en primeur wine prices H´la Hadj Ali† S´bastien Lecocq‡ Michael Visser§ e ‚ e ‚ September 2005 ∗ Abstract The purpose of this paper is to measure the impact of Robert Parker’s oenological grades on Bordeaux wine prices. We study
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eProvenance & the Wine market Below follows an analysis of and business plan for eProvenance‚ a start up firm in the wine industry. The key players in the wine market are: * Soil and grape growers/ viticultors * Producers (wineries & chateux) * Technology/Marketing/ Development (aspects at different levels) * Local Merchants (negociants) * Importers & wholesalers * Transporters * Local Retailers * End Consumer The key sellers in this market are the
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Wines of France French wine is produced in throughout France French wine is produced in throughout France‚ in quantities between 50 and 60 million hectolitres per year‚ or 7–8 billion bottles. France is the world’s largest wine producer. French wine traces its history to the 6th century BC‚ with many of France’s regions dating their wine-making history to Roman times. The wines produced range from expensive high-end wines sold internationally to more modest wines usually only seen within France
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BORDEAUX 89% of wine produced in Bordeaux is red (called "claret" in Britain)‚ with sweet white wines (most notably Sauternes)‚ dry whites‚ rosé and sparkling wines (Crémant de Bordeaux) collectively making up the remainder. Terminologies • Claret - is a name primarily used in British English for red Bordeaux wine. Claret derives from the French clairet‚ a now uncommon dark rosé‚ which was the most common wine exported from Bordeaux until the 18th • Sauternes - is a French sweet wine from
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http://www.wine.zeani.com/newworldwine_oldworldwine/index.htm Old world wines include the wines of Europe. Countries producing old world wines are: 1. France 2. Italy 3. Spain 4. Portugal 5. Germany On the other hand‚ new world wines would include everybody else. Some of the most popular new world regions are: 1. The USA‚ especially California 2. Australia 3. Chile 4. Argentina 5. New Zealand 6. Canada 7. South Africa In the old world‚ fruit is subjected to higher
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NOBLE CRUS A Case on Wine Valuation Group Members: ….. ….. ….. ….. ….. Background Reasons for investing in fine wine: * As an investment in future drinking – buying young wines which will improve over time. * As a financial investment – buying wines with the sole intention of reselling them later for a profit. The global demand for fine wine has increased enormously over the last few decades. Wine as a financial asset outperformed benchmarks such as Dow Jones‚ FTSE 100
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As with all wines‚ the particular winemaker will have adequate “say” in the style of wine he will produce. That said‚ red wines are often classified by “body-type.” For example‚ one might say that a certain red wine is “light-bodied” – referring to the mouth-feel and tannin structure. A light-bodied wine will have fewer tannins present and less presence on the palate. These wines tend to be less demanding partners with flavor-filled foods. An example of a light-bodied red wine would be one derived
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Celsius. Valleys can be very rainy and windy. Soil Composition Very Calcareous soil‚ limestone. The soil has perfect balance between permeability and the ability to store humidity from the rain in case of drought. Type of wine A dry sparkling Champagne. Character of the wine Fresh and complex. Has a taste of green apples and nuts. Food Harmony Pol Roger is good with for example oysters and caviar. The saltiness goes very well with the freshness of the champagne. Also nutty cheeses like Edam
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