As expected, Pomerolâs Chateau Gazin became the first Bordeaux estate to release its en primeur wine this week, coming out at an ex-Bordeaux price of â¬39, a reduction of 7.14% on last yearâs price of â¬42 ex-Bordeaux.
The dry whites of Pessac Leognan have come out of this year's en primeur tastings with a solid vote of confidence from Decanter's tasting team â" followed by Pomerol and Margaux.
Bordeaux negociants say they are âsereneâ about the quality of 2012, but most agree that it will severely affect the saleability of the 2011 vintage â" for the time being.
After years of litigation, multiple failed cases and endless court appearances, billionaire William Koch has claimed the first scalp in his war on what he calls âwine fakersâ.
A flurry of early Bordeaux 2012 releases is expected next week including Chateau Gazin in Pomerol, Rauzan SÃ©gla in Margaux, and âa high probabilityâ of a First Growth.
In the wake of the sudden departure of longstanding Chateau Figeac director Eric d'Aramon, the new managing director has said that the style of the wine will be respected by consultant Michel Rolland.
The long-awaited court case between billionaire collector William Koch and California collector Eric Greenberg has finally started a day late.
London fine wine merchant Bordeaux Index has opened an office in Los Angeles to target fine wine investors and drinkers in the US, as well as overseas interest in California's finest.
UK wine distributor Boutinot has completed a management buyout led by three senior directors.
A former employee of Brunello di Montalcino winery Soldera has been sentenced to four years in prison after sabotaging thousands of litres of the celebrated producer's wine.
German wine exports slid by 15.2% in 2012 compared to 2011, continuing a declining trend from the previous year, according to statistics released by the German Wine Institute.
Brazilian winery Lidio Carraro has beaten off competition from larger rivals to be the official wines supplier for the FIFA 2014 World Cup, to be held in Brazil.
Competition for wines being sold off by the UK Government, including bottles of Latour 1961, has been described as 'intense' by Christie's.
Global Cava exports hit record levels in 2012, although the domestic market has contracted further since 2011.