Distinct offerings from names like Pahlmeyer to Gérard Bertrand add flavor to your cellar across white, red, and Champagne categories.
Meet 9 Creative Innovators Who Are Changing Luxury as We Know Itbe in a very confusing place right now. If you follow news at all, you’ve probably read plenty of gloomy assessments: Young consumers are drinking less alcohol than previous generations, and those who do are favoring spirits, ready-to-drink cocktails, hard seltzers—that is to say, almost anything other than fermented grapes.
And yet the top of the market is soaring. In 2023, Sotheby’s Fine Wine and Spirits division had its best year ever, taking in a record $159 million—a million more than in 2022 and representing 73 percent growth in just three years. Nick Pegna, Sotheby’s global head of wine and spirits, says that lower prices due to cyclical course correction in the secondary market created more opportunities for buyers to purchase at auction and that he expects to see strong sales through the end of 2025.
Also buffering the industry are a rash of exciting new releases aimed at collectors and the high end of the market. Take Pierre and Hélène Seillan, the father-daughter duo behind, in Sonoma, Calif., who just launched new wines under the Connaissance label, which focuses on micro-crus within Vérité’s vineyards and will be limited to just 1,500 bottles per variety. Meanwhile, renowned Napa Valley winemaker Chris Carpenter has ventured north, to Walla Walla, Wash.
Another glimmer of hope: In contrast to years of data indicating that younger people are avoiding wine, a new study from theshows that millennials, especially those over 30, are actually drinking more of it—and more expensive bottles than previously believed. After almost a decade of hand- wringing, it seems that maybe the kids are all right.Image Credit: Zen Sekizawa/Styling by Jessie Graham
Made in the first year that the vineyards were converted to biodynamic farming, this Pinot Noir is the second vintage produced from the estate’s walled clos by legendary winemaker Jacques Devauges. Despite a summer heat wave and a harvest that was the earliest in 30 years, Devauges tells Robb Report that 2020 is noted for its freshness and credits the complexity of the vineyard soils for this wine’s “three-dimensional” aromas of fruits, spices, dry herbs, tobacco, and flowers.
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