Category: US Wine

The Bollinger Family to Acquire Oregon’s Famed Ponzi Vineyards

The Bollinger family, owners of iconic Champagne Bollinger in addition to four other historic estates in France, announce the upcoming acquisition of their first winery in the United States, with the purchase of Oregon’s famed Ponzi Vineyards. The transaction will unite the Bollinger family with the Ponzi family, building on the legacy the Ponzis have established as one of Oregon’s original wineries, leading the success and growth of the region’s Pinot Noir over the last 50 years.

Bollinger family holding group Chairman & CEO Etienne Bizot comments, “The United States is such an important market for luxury Champagne, Burgundy, Sancerre, Cognac, and other regions in which our family owns wineries. If there was anywhere outside of France where we felt it was critical to invest, it is in the U.S. We have quietly considered opportunities for a number of years, but it is finally with the Ponzi family that we feel we have found the ideal fit. Their bold vision to come to Oregon, the subsequent decades of recognition for continually innovating and improving – we have so much respect for what the Ponzis have achieved, and look forward to building on it together, and connecting all our brands more closely with the U.S. market.”

“We have dedicated our lives to demonstrating Oregon’s Willamette Valley as one of the greatest places on the planet for producing cool climate, high quality Pinot Noir and Chardonnay,” remarks Luisa Ponzi, the winery’s recognized leading winemaker who trained in Burgundy. “This transaction makes sense for our respective families because of our well-aligned values and shared commitment to producing wines of the very highest quality.”

“It gives us immense satisfaction to have the opportunity to pass our legacy winery on to the Bollinger family, who will continue to elevate the brand on a global scale,” Winery president Anna Maria Ponzi shares. “This is the natural next step for our brand and winery.”

The purchase includes the winery and hospitality facilities 40 minutes from Portland, Oregon in addition to 35 acres of vineyard land in the newly established Laurelwood District AVA. The winery has been an introduction to the region for countless numbers of people through not only visits but major events that the Ponzi family has been instrumental in creating and supporting, such as the International Pinot Noir Celebration, Oregon Pinot Camp and the Salud Pinot Noir Barrel Auction.

Under the leadership of a new CEO, whose recruitment is ongoing, Anna Maria will continue to lead the sales & marketing over the transition period and Luisa will remain as the Director of Viticulture and Winemaking. The Ponzi family will retain 100 acres of vineyard land and will grow and sell the grapes to Ponzi Vineyards under a long-term contract.

VINTUS, current Ponzi Vineyards national sales and marketing agent, and importer of Champagne Bollinger, Champagne Ayala, Domaine Chanson and Langlois-Chateau, will continue to represent Ponzi’s trade distribution in the United States.

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Just in time for summer – Kendall-Jackson launches a low-calorie chardonnay

Kendall-Jackson is launching a lower calorie variant to tap into the ‘lighter wines’ category in the US.

Starting in May this new offer will be under the Kendall-Jackson brand.  Did you know that Kendall-Jackson Vintner’s Reserve Chardonnay has been the most popular Chardonnay in the US for over 26 years?

This low-calorie chardonnay will be called “Avant” is only 85 calories, has no sugar, and has 3 grams of carbs per serving” according to the producer.

This new low-cal wine contains 23% fewer calories than the standard Kendall-Jackson Chardonnay, based on a 150ml serving of wine at 14% abv, which contains 111 calories.

Kendall-Jackson winemaker Randy Ullom explains, “An initial harvest of grapes picked on the earlier side ensures lower sugar. A secondary harvest later in the season offers more complexity and concentration, which complements the wine, producing a full-bodied blend that’s structurally balanced and delicious, yet lower in alcohol and calories.”

Like the Vintner’s Reserve, the Avant Chardonnay is aged in oak barrels to bring a touch of vanilla to the wine, which is described as tasting of “grapefruit, pineapple, creamy lemon meringue and delicate white flowers”.

The 9% Chardonnay is also vegan-friendly and comes with an RRP in the US of $17.

Jackson Family Wines highlighted the commercial potential for this new wine by noting that the ‘lighter wines’ category had grown by 90% in the US in 2020.

IWSR announces acquisition of Wine Intelligence

IWSR Drinks Market Analysis, the leading authority on the worldwide beverage alcohol industry, today announced the acquisition of London-based Wine Intelligence, the top global experts on wine consumer research and insights. The combined offering provides the industry with robust insight into consumption trends, consumer behavior and growth opportunities for the global beverage alcohol sector.

Founded in 2002, Wine Intelligence conducts projects on behalf of wine businesses in more than 35 wine markets. This acquisition enables the IWSR and Wine Intelligence teams to build a world-class consumer behavior division focused exclusively on the global beverage alcohol industry.

“As Covid-19 reshapes consumer behavior and beverage alcohol drinking occasions, industry stakeholders are looking for a deeper understanding of the consumer attitudes driving the market,” remarks Mark Meek, CEO of IWSR. “Our vision is shaped by our clients, and this acquisition is a tremendous opportunity for us to expand on our existing offerings and work with the Wine Intelligence team to provide the industry with access to comprehensive consumer insight across all categories of the drinks industry, including beer, wine, spirits and the ready-to-drink sector.”

This acquisition follows a successful decade-long relationship between IWSR and Wine Intelligence. Recent collaborations include the IWSR Covid-19 Consumer Tracker, an in-depth consumer sentiment research report series tracking the on-going impact of Covid-19 on the consumption of and attitude to beverage alcohol over an 18-month period.

“We are delighted to join the IWSR family after nearly 10 years of our organizations partnering on behalf of our client base,” says Lulie Halstead, CEO of Wine Intelligence. “I share Mark’s vision of us building a world-class and comprehensive offering of data and consumer insights to support the global beverage alcohol sectors, which we are uniquely positioned to do.”

About the IWSR

The IWSR is the leading source of data and intelligence on the alcoholic beverage market. The IWSR’s database, essential to the industry, quantifies the global market of wine, spirits, beer, cider, and RTDs (ready-to-drink) by volume and value in 160 countries, and provides insight into short- and long-term trends, including five-year volume and value forecasts. The IWSR tracks overall consumption and trends at brand, price segment and category level. Our data is used by the major international wine, spirits and beer companies, as well as financial and alcoholic beverage market suppliers. The IWSR’s unique methodology allows us to get closer to what is actually consumed and better understand how markets work. The IWSR boasts a team of global analysts, each of whom is equipped with local market expertise and an expansive network of on-the-ground industry contacts. Our analysts meet and speak with their industry contacts throughout the year in order to capture local insight, key market trends, and the ‘why’ behind the numbers. For more information about the IWSR, please visit www.theiwsr.com

About Wine Intelligence

Wine Intelligence is the global leader in wine consumer research and insights. Founded in 2002, we now conduct projects on behalf of wine businesses in more than 35 wine markets. With a team made up of wine industry and research specialists, we offer a broad range of research, insights and strategy services to help wine businesses make better and more profitable business decisions.

Silicon Valley Bank: The US wine industry will bound back in 2021

The US wine industry is poised to bounce back in 2021, according to a report by Rob McMillan, Founder, Silicon Valley Bank, with a consumer desire to celebrate set to help drive wine sales this year.

Silicon Valley Bank’s 20th annual review of wine industry prospects predicts that temporary gains will yield to long-term declines. The report raises doubts that this year’s expected sales momentum will carry very far into 2022.

Wineries that have established strong direct-to-consumer sales during the Covid-19 pandemic, as well as online retailers, can expect more gains in 2021, the report says, while bricks-and-mortar retailers, urban-based grocers and restaurants will take years to recover.

Restaurants will drastically need new investment to survive or to re-appear. Yet, the report predicts a quick recovery for the industry as a whole, although the relative importance of individual sales channels will shift dramatically.

Online wine retailers had major growth in sales during 2020, and that is expected to continue into 2021. This channel, and wineries’ own online efforts, “will represent 20% of an average winery’s sales within five years,” the report predicts.

McMillan stressed that wineries, in spite of the loss of tasting room sales, are not in the same financial straits as restaurants. “Wineries seldom go bankrupt,” he said, “even if they are over-leveraged. If they have financial problems, there’s always a willing buyer.”

One problem that was lurking in the US at this time last year, according to the report, was an over-supply of wine. But damage to crops from last year’s fires and smoke, as well as diminished tasting room sales, resulted in supply now being back in balance with demand.

However, one problem that has not gone away is the changing ages of wine drinkers. As Baby Boomers continue to retire, they are being replaced by younger drinkers with different agendas.

While the decrease in demand by Boomers for wine purchases at all price levels has not been as precipitous as once predicted, the decline is not being offset by younger drinkers, who often see better value in craft beers and in spirits.

“The digital world parallels the real world,” McMillan said, “and the new consumer is not one who wants to rely on advice from most current sommeliers. We need to consider the values of younger drinkers, and they value things in the wine world differently.”

Download the full report

https://www.svb.com/trends-insights/reports/wine-report

Seven Oregon Pinot Noirs Make Wine Spectator’s Top 100 List

Wine Spectator’s Annual Report names 100 of the best, most interesting wines in the world, with seven made in Oregon

Around this time every year since 1988, Wine Spectator gathers the best of the best wines its editors have tasted throughout the year, bestowing their favorite, most excellent wines made in or imported into the U.S. with a spot on the highly coveted “Top 100 list.” Oregon wines are often overrepresented on this prestigious list, garnering around five or six spots annually, or 5 or 6%, which is no small feat considering that Oregon accounts for far less than 1% of global wine production.

But in 2020, the number of Oregon wines set a new record in Wine Spectator’s Top 100 list with seven Oregon Pinot noirs earning their way on to this list. Put another way, this means 7% of the most exciting wines in the entire world are made in Oregon.

How hard is it to get onto Wine Spectator’s Top 100 list?
The magazine receives about 11,000 wines each year for evaluation, so the odds of getting on this list are more than 100 to 1.

According to Wine Spectator, “Our selection prioritizes quality (based on score), value (based on price) and availability (based on the number of cases either made or imported into the United States). These criteria are applied to the wines that rated outstanding (90 points or higher on Wine Spectator’s 100-point scale) each year to determine our Top 100…These wines are a diverse group—ranging from emerging labels and regions to traditional estates exploring new directions—and all generate the excitement we call the “X-factor.”

Winners this year include a top ten entry, Beaux Freres Pinot Noir Ribbon Ridge The Beaux Frères Vineyard 2018 with a score of 95, (the Beaux Frères Vineyard pictured above, photo by Carey Critchlow). Senior Editor Tim Fish described this wine as “A wine of presence and expression, impeccably structured yet elegantly layered, with evocative raspberry, rose petal and brown baking spice notes that pick up richness and tension toward fine-grained tannins.”

The other six winners and their respective spots on the list plus ratings are below. According to the magazine, a rating of 95-100 is deemed as a “Classic.” and a wine rated with a 90-94 is “Outstanding.”

#19: Résonance Pinot Noir Willamette Valley 2017, 93

#29: The Four Graces Pinot Noir Dundee Hills Reserve, 2017, 94

#33: Ken Wright Pinot Noir Willamette Valley, 2017, 91

#37: Bergström Pinot Noir Willamette Valley Cumberland Reserve, 2018, 94

#64: La Crema Pinot Noir Willamette Valley 2018, 92

#79: Stoller Pinot Noir Willamette Valley 2018, 90

“Placing a record seven Oregon wines among the world’s Top 100, and five in the top 40, is welcome recognition for Oregon and a reflection of the exceptional fruit and winemaking talent here,” notes Oregon Wine Board President Tom Danowski.

Stoller Family Estate appeared for the first time on this list in 2020, and the designation is not lost on founder and owner Bill Stoller. “Wine Spectator is one of the most influential publications in our industry, and it’s an incredible honor to earn a spot on its Top 100 list,” he said. “Our Vice President of Winemaking, Melissa Burr, has been honing her craft over the last 15 years. She created an everyday Pinot Noir that embodies the spirit and complexity of our region. To have our 2018 Willamette Valley Pinot Noir place alongside some of the best in the world is a testament to Melissa and her team’s dedication.”