January is a time for new beginnings and fresh starts so it is an appropriate time to taste new releases. Each year the leading UK importers and retailers of Burgundy show their wines to the press, the trade and – increasingly often these days – to private clients.
China is in the mind of many Spanish wineries: it is at the same time an Eldorado, a market where any forecast seems useless, since anything can happen and initial estimates can quickly be out-of-date and a market so culturally distant from Spain that it is often difficult for a Spanish producer to know exactly how to enter this promising market.
With record totals and jaw-dropping prices achieved at auctions, the fine wine market was apparently in rude health in 2011. But the secondary market away from the auction rooms of Kowloon told a different story.
After the global economic downturn of 2009, 2010 was a year that saw fine wine prices continue to rise against a still-turbulent economic background.
American winemaker, Tony Ciccone would seem to be short of advantages. When we think of American wines, we usually think of California, home to 98% of all American wine production. But Mr Ciccone has one advantage no one else has. His daughter, Madonna Ciccone is one of the world’s best known entertainers.