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And So It Begins - The Fight Against Fraud

Written By: Kasey Carpenter on Thursday, September 4, 2008

More and more wines are being proven fraudulent, robbing collectors of hundreds to thousands of dollars. Chemists have decided to step in and create a potential early warning system.

With all the talk of wine fraud these days, it is no wonder that many scientists have been applying themselves to the task of inventing a device that will detect fraudulent wines. Well here is today's latest iteration. As reported on by no less that the Royal Chemistry Society, Cecilia Jiménez-Jorquera from the Barcelona Institute of...read more

 

Will Amazon Do For Wine What It Has Done For Books?

Written By: Kasey Carpenter on Wednesday, August 27, 2008

Between classic business savvy, an avid interest in the wine world, and the development of Kindle... Amazon may be poised to make a big move.

It isn't exactly breaking news that Amazon is contemplating this move. They have tried this before. You may or may not recall their failed bid at the online wine market back in 2005 where they simply funneled traffic to wine.com, and even before that a direct investment of over $30 million dollars into wineshopper.com. So it isn't as if they...read more

 

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Wine Sales Ramp Up in China

Written By: Kasey Carpenter on Wednesday, August 27, 2008

The Olympics aren't the only thing getting people excited about China.

What market has seen a 270 percent growth in only five years? What country is on track to become the second largest purchaser of luxury goods by 2015? Yeah I kind of gave it away in the title didn't I? But let's look at some things making the news. A California retailer is putting some long cash into this market, even going so far as...read more

 

Q2 Auction Results Prove My Theory

Written By: Kasey Carpenter on Tuesday, August 19, 2008

Burgundy is seeing some amazing returns at high end auction houses.

In the months of 2008, from April - June, $66 million dollars were spent on collectible wine in the US. Like I said, people who collect at this level aren't too worried about how much gas has gone up whether that gas is going into an S-Class, a Chris Craft, or a Gulfstream. Seriously though, 66 million? Wow. What I really loved about the...read more

 

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Bullies of Bordeaux, Part Deux

Written By: Kasey Carpenter on Tuesday, August 12, 2008

Find out how the TTB (Tax and Trade Bureau) here in the U.S. is reacting to the recent controversial activity in St. Emilion, France.

Seems the repeal of the classification rulings in St. Emilion back to the 1996 standings has ruffled the feathers of the TTB (formerly the BATF) here on our shores. Why? Art Resnick, spokesman for the TTB said it was "not a safety issue... we're concerned about consumer deception." So they wrote letters to the French Embassy asking for...read more

 

Economy Shapes the Wine Press

Written By: Kasey Carpenter on Thursday, August 7, 2008

A little observation can go a long way in determining how wine is discussed.

I've harped on and on about this, but just this week, there have been no less than four articles that focused on inexpensive wines: Bill Daley of the Chicago Tribune posted an article entitled "Good wines for tough times." Michael Franz of winereviewonline.com writes "Loving wine on the cheap." Leslie Gevirts of Reuters Life beckons...read more

 

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Money No Object? Oh But It Is...

Written By: Kasey Carpenter on Thursday, July 31, 2008

A Stanford study peeks into the minds of wine lovers... and comes back with intriguing results.

Here's a bit of fun. Granted this is probably nothing we don't already know, but it is always better to have it as a result of some cold, hard data courtesy of our buddies at Stanford. Here is the study: The researchers recruited 11 male Caltech graduate students who said they liked and occasionally drank red wine. Guess you need that...read more

 

The Bullies of Bordeaux

Written By: Kasey Carpenter on Monday, July 21, 2008

When a few smaller vineyards lost their Premier Grand Crus Classe distinction in Bordeaux, it caused the rest of the world to turn a concerned eye toward France.

In a story that just broke, the Court of Bordeaux ruled on July 1 that the 2006 St. Emilion classification is null and void. There will still be only two Premiers Grand Crus Classés A in St. Emilion - Ausone and Cheval Blanc. Everyone who was awarded the status as of 2006 will stripped and reverted back to whatever they were before. Why...read more

 

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2007 Bordeaux Futures Are Bleak

Written By: Kasey Carpenter on Monday, July 14, 2008

Kasey tells us about the bleak future of 2007 Bordeaux wines.

Call it the perfect storm. Pockets emptied by the hyped and rightly-so 2005 vintage of Bordeaux, a US Dollar that is getting beaten like a fool by the Euro, oh and lets not forget a poor vintage altogether in Bordeaux (both banks) and you have what hasn't happened in a decade. Mix in your other financial hermit crab reason of choice: fuel...read more

 

A Different Flavor of Fraud

Written By: Kasey Carpenter on Monday, June 30, 2008

Brunello is the latest wine to be put under the microscope for fraud. Are we seeing indications of a larger global problem?

Okay, it seems that lately the Wine Mogul column has become the Fraud Alert column. But, that isn't all my fault. If every one would play nice and follow the rules, or better yet, some sense of morality, I'd be writing about something else. Beware of the Banfi. Okay, it may not all be Banfi, in fact the Tuscan newspaper Corriere...read more

 

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