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WineNews
Issue 439 - September 23rd - 27th 2019 - Expressly created for 11.897 wine lovers,
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News
Italian wine, here is the “Larner List”
There is a new list in the world of wine rankings with a strong international flavor: it is the “Larner List”, the “Top 100” of the best tastes of the year by Monica Larner, Italian reviewer of the world’s most prestigious wine magazine, “The Wine Advocate”. The announcement came from Facebook, where the first wines were published, one per day, with the absolute No. 1 that will be published on December 31. The ranking will include wines “with a very interesting quality-price ratio, those from 100 to 51 will follow more a quality-price logic, and those from 50 to number 1 a criterion linked to excellence and collectability”.
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First Page
The French invest in Montalcino: the Descours buy a vineyard from Bulgheroni
The French are still investing in Brunello di Montalcino: The Descours family, which controls the French group Epi, after having acquired in 2017 the Tenuta Greppo Biondi Santi, a mythical winery where Brunello di Montalcino was born in the nineteenth century (and whose heritage is kept alive by the presence of the family, with Jacopo and Tancredi Biondi Santi), is close to the acquisition, as anticipated by WineNews, of 6 hectares of vineyard of Brunello, in an area of absolute value, very close to Greppo (which already owns 25 hectares of Brunello), namely those in the San Polo microzone, now owned by the Argentine magnate Alejandro Bulgheroni, who would still own 35 hectares of Brunello, in two excellent areas (27 hectares at Poggio Landi and 8 hectares at Podere Brizio). This is an important deal not only because of the hypothetical figures, considering that the best hectares of Brunello di Montalcino have quotations over one million euros per hectare, but also because it confirms the appeal of the territory from which one of the most prestigious wines of Italy and the world is born, which we continue to believe in, both from the economic point of view and in terms of quality potential. With the French group Epi which, therefore, invests again in the growth of the already legendary history of the Tenuta Greppo Biondi Santi, today led by md Giampiero Bertolini. While Bulgheroni (which, in a few years, has invested over 120 million euros in Tuscany between Dievole, in Chianti Classico, Tenuta Meraviglia and Tenuta Le Colonne, in Bolgheri, and Montalcino, putting together 330 hectares of vineyards in the most important territories of Tuscany), would thus confirm a position of absolute prominence among Montalcino producers, with 35 hectares of Brunello (acquired, along with those now sold, between 2012 and 2016, when the prices of the hectare were much lower, less than half of today’s levels, with a clear revaluation of assets, ed) and the Tenuta di Poggio Landi, which has recently seen the completion of the renovation work.
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Cavit buys the subsidiaries of La-Vis
The cooperation of Trentino wine is about to live a new important page in its history: the giant Cavit would be a step away from the purchase of the subsidiaries of La-Vis, such as Casa Girelli, Cesarini Sforza and the commercial Glv. With La-Vis that, already strong of a balance sheet 2018-2019 that should close in growth (around 78 million euros, on 2017-2018, and in profit), would thus see zero its financial exposure to banks. Cavit (190.5 million euros in the 2017-2018 budget, for 4,500 wine-growing members and 7,000 hectares of vineyards), would thus see its structure grow, while La-Vis (780 hectares for 780 members), the historic brand of Trentino wine, definitively free from debt, could continue its phase of new development.
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Focus
Italian wine, the export performance of the regions
The growth of shipments of Italian wine to foreign markets is not stopped, but slows down slightly: in the first half of 2019, according to ISTAT data, exports grow by +3.1% over the same period of 2018 (in the first 5 months instead, there was a +5.5%, ed), for a total turnover that just exceeded 3 billion euros, with very different trends from region to region. Excellent signals come from Veneto, Tuscany and Piedmont, which together represent more than two thirds of the entire wine export of the Belpaese, with a growth, respectively, of +3.6% (for a billion euros in total turnover), +4.3% (475 million euros) and +4.9% (479 million euros). The highest growth, at least in percentage terms, was achieved by the small Valle d’Aosta (+48.8%) but still at very low levels (1.2 million euros), while the most striking drop was that of Liguria, which left 39.1% and collapsed to 8.9 million euros of wine shipped. The Trentino-Alto Adige region is doing well, the fourth most performing region, with an export share of 8.6%, up 2.4% to 268 million euro, Abruzzo (+4.1% to 91 million euro), Puglia (+2.5% to 76,8 million euro) and Friuli-Venezia Giulia (+7.9% to 61.8 million euro) are growing.
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Report
Wine and Italian women according to Forbes
There is so much wine in “The 100 successful Italian women in 2019” list of the magazine Forbes. From Marilisa Allegrini, at the helm of the historic company of Amarone della Valpolicella, but also with wineries in Montalcino (San Polo) and Bolgheri (Poggio al Tesoro), or Francesca Moretti, head of the wine division of the Terra Moretti Group, with wineries such as Bellavista and Contadi Castaldi in Franciacorta, Sella & Mosca in Sardinia, Petra in Suvereto, Teruzzi in San Gimignano and Acquagiusta, in Maremma. Also Francesca Terragni, marketing director of Moët Hennessy Italy.
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Wine & Food
Antinori, Tenuta San Guido, Donnafugata and more: Italy in the “Top 100” of “Wine & Spirits”
Wineries run by great families who led the Renaissance of Tuscan wine, such as Marchesi Antinori, with the Antinori family, or Tenuta San Guido, with the Incisa della Rocchetta. Or, again of Sicily, as Donnafugata of the Rallo family, together with many other stories and prestigious brands of Italian wine, from Fratelli Alessandria to Comm. G.B. Burlotto, from Elvio Cogno to Conterno Fantino, from Grattamacco to Masi Agricola, from Paolo Meroi to Petrolo, from Poggio di Sotto to Rocca di Montegrossi, from Paolo Scavino to Vadiaperti: these are the Italian brands selected for the “Top 100 Wineries” 2019 of the US magazine “Wine&Spirits”.
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For the record
Cantina Italia, stocks are plentiful
As of September 15, 2019 Italy had 38 million hectolitres of “spare” wine. Almost 6 million hectolitres more than the 32.6 million hectolitres of 30 September 2018. According to the analysis of the latest report “Cantina Italia” by the Ministry of Agricultural Policies. With only 10 PDOs and PGIs bringing together 40% of all PDO and PGI wines in Italian wineries.
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Caprai Weekly 2019
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