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Issue 628 - May 8th - 12th 2023 - Expressly created for 4515 wine lovers, professionals and opinion leaders from all over the world |
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Stag’s Leap Wine Cellars, one of
the top companies in the Napa Valley area, in California, becomes 100% of
Marchesi Antinori, the most important privately owned company in Italian wine.
Founded in 1970 by Warren Winiarski, and famous above all for the production of
excellent Cabernet Sauvignon, it became famous after 1976, the year of the
so-called “Judgment of Paris”, when a blind tasting was conducted in Paris, in
which 9 French tasters tasted the best Californian Cabernets and Chardonnays
comparing them with some of the best Bordeaux and Burgundy labels, electing
Californian wines as the best.
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Marchesi Antinori, one of the oldest family wineries of quality wines, and Ste. Michelle Wine Estates, the largest winery in the Pacific Northwest area and among the best companies in the United States for the production of premium wines, announce that Marchesi Antinori will acquire full ownership of Stag’s Leap Wine Cellars, after 16 years of collaboration with the prestigious American company. The family is the only Italian producer to own a cellar in Napa, where it has been present since 1985, and Stag’s Leap Wine Cellars is confirmation of Antinori’s strong conviction of the potential of this extraordinary terroir. The ownership change will be effective by the end of June. “There are few opportunities like this in a lifetime where something as important and historic as Stag’s Leap is available. I have to thank Ste. Michelle Wine Estates for this opportunity that has been given to us - explains Piero Antinori, honorary president of Marchesi Antinori, today led by Albiera Antinori, with the sisters Allegra and Alessia, together with the CEO, Renzo Cotarella - it is source of pride for me and my family to have the opportunity to confirm the promise made to my friend Warren Winiarski 16 years ago: to preserve the legacy and values of a company as prestigious as Stag’s Leap Wine Cellars”. “For the past 16 years, it has been an honor to partner with the Antinori family, continuing the incredible story of Stag’s Leap Wine Cellars. We wish the best to the Antinori family in continuing this path in the future - underlines Shawn Conway, chief executive officer of Ste. Michelle Wine Estates - our roots, since our foundation 90 years ago, are found in the American Pacific Northwest, and that is where the future of our company lies. This move allows us to better focus our energies and resources on the part of our business with the greatest growth potential – our portfolio in the Pacific Northwest territory”. An investment, that of Antinori in the USA, which is already a milestone in the history of Italian and world wine. |
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In Italy, especially in some territories, there is too much wine. And we start talking about crisis distillation to make room in the cellar. And on this, after the “Wine Table”, convened at the Ministry of Agriculture, the Italian Wine Union (UIV) says that it is “against the diversion, in favor of crisis distillation, of funds already committed to promotion and investments”. A measure, rather to be financed with regional funds. Instead, the Cooperatives underline the need to rebalance supply and demand in the medium term, but without excluding the distillation of emergency crises. “The stocks of wine in the cellar and the market difficulties confirm the persistence of a crisis, especially for red wines. This generates concern and requires a shared reflection”, declared Luca Rigotti, coordinator of the Alleanza Cooperative Wine Sector. |
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Deepen and improve the knowledge of famous and forgotten Sicilian vines, with the support of scientific research; increase the value of Sicilian wine; work as a team to make the use of artificial intelligence socially and environmentally convenient. In the journey to “Sicilia en primeur 2023” (preview of Sicilian wines which will culminate in Taormina on May 13th) here are the challenges that the Trinacria of wine could set itself as future ten-year goals, following a path in stages that has seen it grow and change drastically, at the rate of decades, over the past 30 years. Assovini Sicilia, brilliant intuition of three great noble fathers of Sicilian wine such as Diego Planeta, Antonio Rallo and Lucio Tasca, today a network that brings together the virtuous wine companies of the Region, 100 wineries, for a turnover of over 300 million eur. And which, practically in their entirety, are investing in wine tourism, and therefore in a tourism which, in Sicily, cannot and does not want to be that of “mass”, but of a high level, sustainable, capable of enhancing the great beauty and the authenticity of the land which today is one of the gems of Italian wine, with its thousand facets. Reflections that come from “Sicilia en Primeur 2023” in more detail. |
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From Banfi to Donnafugata, from Marchesi di Barolo to Biondi Santi, from Marisa Cuomo to Terlano, from Enrico Serafino to Cantine del Notaio: here are the wineries, great Italian wine brands, awarded with the “Oscar del Vino 2023”, a historical award created by Franco Ricci, president of Fis (Fondazione Italiana Sommelier) and Bibenda. The award-winning wines were voted “live”, on Saturday 6 May in Rome, among those selected by the “academy”, after the “lectio magistralis” by Angelo Gaja, a producer, symbol of Italian wine. |
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Large-scale consumption struggles, food production loses -4.5%, in the first three months of 2023 (compared to 2022), with Italians under the ax of inflation who cut consumption, and exports which, after the records in value of 2022, has not yet taken off, in 2023. But wine & food can hope for the full recovery of catering which, also thanks to the record tourist flow expected for 2023, has decidedly high morale. And it is a sector in which investments have returned, given that it is also the one that records the highest growth rate of new openings. Reading that emerges from the Istat and Fipe/Confcommercio data, read by WineNews (in more detail). |
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Over the past few years, the continuous crescendo of quality, numbers and passion has marked the success of Alta Langa DOCG, from “La Prima dell’Alta Langa” 2023 signed by the Consortium at the Reggia di Venaria in recent days (the best tastings of WineNews in more detail). Starting from the hectares of vineyards, today 378 between Asti, Alessandria and Cuneo, to which 220 will be added in the coming years, with the production of 3 million bottles in 2022 which will increase proportionally, driven by the +67% of sales with a exports of 10%, thanks to the love for bubbles.
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