Can you remember when 2019 begun? Neither can we. It's been among those years where no one truly wants to recall.
What happened with wine in 2019?
The highs and the lows of wine in 2019 couldn't be any more extreme. Lets take a look at what truly took place in 2019 in wine.
Robert Parker retires. Wine Advocate sells to Michelin Guide.
A changing-of-the-guard could not be more noticeable with the official retirement announcement of Robert Parker earlier this year. Furthermore, Robert Parker's Wine Advocate got sold to Michelin Guide.
Is this an end of a period for wine critics? We don't think so! If anything, this is mosting likely to inspire a brand-new generation of wine influencers to fill up the void!
A girl found drinking a glass of wine from a Pringles can is prohibited from Walmart.
Exactly how this made it global is beyond us. Quickly after the news broke out there was a surge of "pringles wine tumblers" offered on Etsy. On the plus side, we learnt that Walmart has baseline criteria for its clients.
A waiter mistakenly served a $5700 bottle of wine to a table. The diner didn't even realise!
Whoops! A $5700 bottle of Estate Le Pin was mistakenly offered to a couple who ordered a $333 bottle of Estate Pichon Longueville. Sadly, the only person that figured it out was the Hawksmoor restaurant supervisor at the end of the night. Evidently, the couple left not even recognizing that they 'd drunk such a fine a glass of wine.
A case of Bordeaux is shot right into space on purpose.
A start-up testing the results of gravity as well as radiation sent up a box of Bordeaux to the International Spaceport Station. The objective is to learn just how wine ages and measure the difference with these bottles to earth-aged wines.
They are additionally evaluating whether 3 Americans, 2 Russians, as well as an Italian can withstand drinking the wine while aboard the space station.
Red wine is great for astronauts as well as little old ladies.
New study on resveratrol has actually revealed that the wine derivative improves bone density. This is amazing information for little old ladies as well as astronauts! Perhaps viticulture on Mars remains in our not-too-distant future.
( P.S. While the study holds true, you would certainly need to consume numerous glasses of red wine a day. Certainly, supplements are the smarter option).
In case you believed Alexa had not been paying attention.
It was proudly exposed that Alexa can now differentiate between the noise of a wine glass breaking and a home window breaking.
NOOooo. White wine emoji rejected!
The Unicode Technical Committee has actually rejected the addition of the emoji ... at least for the time being. In order to make things fair, there was recommendation of getting rid of all wine and simply having an empty glass instead.
Thankfully they didn't do that. A half-glass of red is better than no wine at all.
Customers agree to pay more for organic wine.
In a study attaching the dots between wine labeling of organic as well as conventional wines, consumers showed a desire to pay more for natural wines. Yay! Unfortunately, as customers come to be much more enlightened regarding the significance behind organics, they are much less likely to pay even more for any kind of type of wine.
We scratched our heads on this a little bit, yet we think that learning about the predicament in natural wine labeling, they come to be entirely disappointed with the whole thing. There is clearly something consumers are willing to spend for, but organic isn't it. Possibly all-natural wine has a stronger case than we think!
Give thanks to benefits for SCOTUS.
We can breathe a little sigh of relief in the fight for fair wine shipping in the US. The US Supreme Court found that the state of Tennessee had an unconstitutional discriminatory policy that required retailers have a two-year residency before opening up shop.
While the judgment does not feel like a big deal, it in fact opens the possibility for wine shipping from out-of-state retailers. This has had far-ranging implications across the nation! As if by magic, both Kentucky as well as Connecticut also brought out brand-new, much more lenient shipping legislations. More will likely follow!
Depressing news: a new 25% toll on white wine from Europe.
Back in 2004, the US and European Union began disputing over airplane company aids to Airbus and Boeing. The entire thing capped this year and also the World Trade Organization (WTO) enabled the United States to enforce $7.5 billion well worth of tolls on the EU. Having a teetotaler in the white house might have affected the choice to tax our favorite things, including wine, cheese, and also olive oil.
Oddly, the tariffs only influence wines under 14% alcohol by volume from Spain, France, Germany, and also the UK.
Wines over 14% ABV and also champagnes (like Champagne) are excluded (at least for the meantime).
The brand-new EU trade commissioner, Phil Hogan, says the toll war isn't over. The E.U. will strike back with comparable tariffs on United States items.
You thought that was bad enough? China enforces substantial 106% tolls on US wine.
While we were freaking out over tolls in the US, it's even worse in China. After a 16-month disagreement regarding technology theft between US and China, the United States imposed $360 billion worth of tariffs on Chinese goods.
Normally, China struck back with 106% tolls on American wine. For example, a $40 bottle of American wine costs $82.40 to Chinese wine drinkers. Not surprisingly, the Chinese have selected French, New Zealand, and Australian wines (which have much lower tariffs).
Wine business is a billionaire's affair.
There were a couple of remarkable trades in the a glass of wine company this year. Firstly, Constellation Brands (NYSE: STZ) offered most of its a glass of wine brand names to the privately-held wine titan, E&J Gallo. Apparently, Constellation has shed its belly for wine and also moved onto greener fields ... literally: cannabis.
Luckily for E&J Gallo, losses over the arrangement period reduced the sale price from $1.7 billion to a plain $1.1 billion-- what a deal! Beyond this, we observed a number of private equity firms swoop up winery estates:
Rombauer gets Renwood
Owen Roe offers to exclusive equity Vintage White wine Estates
LVMH buys majority share in Murmuring Angel rosé estate: Estate d'Esclans
Nude Wines markets to Majestic Red wine for ₤ 100 million
Heitz Cellars (owned by eastern coastline billionaire, Gaylon Lawrence Jr.) gets Wildwood and also Haynes vineyards
Mulderbosch in South Africa offers to billionaire-run personal equity Third Fallen leave
Chateau d'Yquem and also Cheval Blanc offer to private equity Saphir Resources
Lots of layers to unbox here.
Prosecco wine areas gains UNESCO Heritage condition
Conegliano Valdobbiadene is frequently tooted as the echelon of Prosecco manufacturing. In this field you'll locate the "Prosecco Hills," which include 50,000 acres of land that has simply received UNESCO "Cultural Landscape" status! Various other regions with UNESCO standing consist of France's Champagne, Burgundy as well as St.-Emilion, Hungary's Tokaj, and also Germany's Rhine Valley.
Both Americans as well as French aim to be a lot more responsible drinkers.
In both France and the United States we're seeing a trend towards more liable alcohol consumption. In France, this visited means of a health caution from authorities. In the United States, a Nielsen report showed 47% of people over 21 goal to consume alcohol much less. The figure for millennials is even greater at 66%.
Goodbye 2019. Hello 2020!