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Sotheby’s Furthers Hong Kong’s Clout

October 5, 2009 in China by BurgundyStreet

SothebyPowered by two Sotheby’s auctions, Hong Kong gained further clout in the international auction market last weekend.

Sotheby’s sold 100% of two American collections, generating US$7,889,340, far above the pre-sale high estimate of US$6,130,436.

Ninety-nine percent of buyers were Asians, and 79% of the lots brought prices above the top estimates.

The high point was the record-setting US$93,077 paid for an Imperial (six-litre bottle) of 1982 Château Pétrus.

Serena Sutcliffe MW, who heads Sotheby’s international wine department, said Asian buyers represented 99% of buyers in the 3-4 October sale.

‘Hong Kong has become Sotheby’s most important wine centre, ahead of very successful auctions in New York and London,’ Sutcliffe said.

Sotheby’s introduced live online bidding with a live video and audio feed in its Hong Kong this season; online bidders sought 56% of consignments offered.

The house’s opening autumn auction in New York mirrored the comeback of the blue-chip American market, which experienced low prices during the economic downturn much of the year.

That Aulden Cellars/Sotheby’s sale, on 25-26 September, brought $3,347,798, just beyond the $3.2m projection.

Again 1982 Château Pétrus led the way, with a case fetching $54,450 ($35,000 high estimate).

Zachys realized $4,179,636, a hair over the high estimate, in its 12 September auction. This sum, reflecting 99.3% of lots sold, was the most it has generated in its US auctions since May 2008.

The biggest earner was six bottles of 2005 Romanée-Conti, Domaine de la Romanée-Conti (high-estimated at $40,000), which fetched $52,800.

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Wine.com Partners With Wineries

September 25, 2009 in United States by BurgundyStreet

wine_comlogoSAN FRANCISCO, June 17 /PRNewswire/ –

Wine.com, the leading online wine store, has launched a new division, Wine.com Logistics, offering direct-to-consumer fulfillment services to wineries. The business, which will operate out of Wine.com’s Berkeley, CA warehouse, will leverage Wine.com’s scale, service capabilities and eleven year history delivering wine by-the-bottle to the end consumer.
Wine.com was founded in 1998 as eVineyard.com and in 2001 purchased the Wine.com name out of foreclosure from another business. Since then, the company has built its business by providing value to its consumers: great selection, low prices, convenient delivery and information that’s impossible to replicate in a store. Wine.com Logistics will provide value to winery clients by offering high levels of service at competitive rates.
“We’ve been looking at this for some time,” said Rich Bergsund, Wine.com CEO. “We already have warehouses and call centers, we’ve shipped millions of orders direct-to-consumer and we understand the importance of a great customer experience. Wine.com Logistics is a natural extension of our core business.”
The company will provide warehousing, pick/pack/ship and call center support for winery wine clubs and daily orders placed by consumers with wineries. Inventory will be owned by the wineries and segregated from inventory owned by Wine.com for its retail business. Wine.com maintains a California ABC Type 14 public storage license in support of these services.
Leading the effort will be Mike Osborn, Wine.com Founder and VP Merchandising, as well as David Do, VP Operations. Wine.com Logistics will be filling positions in sales and service as the business demands.

Thieves Target Napa Solar Panels

September 25, 2009 in United States by BurgundyStreet

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RUTHERFORD, Calif. — Napa Valley is in the grip of a green crime wave. Somebody is stealing solar panels by the dozens.
The latest theft occurred at a winery in the picturesque town of Rutherford.
Capt. Tracey Stuart of the Napa County Sheriff’s Department said it was discovered on Monday. “Employees showing up at a Rutherford area winery about seven in the morning discovered that someone had driven across their field, knocking out a couple trees and broke into their solar panel field.”
The sheriff’s department said the 25 panels stolen are worth about $25,000.

And this wasn’t the first time.  Officials said in the past 15 months, thieves have stolen solar panels from 14 Napa County businesses.  Vineyard owner Jody Harris of Harris Ranch was one of the victims. “We could see where they had jumped over and then also we could see some car tracks where they pulled their car up along the road and loaded up the solar panels,” said Harris.
Across the valley, ZD Winery has been hit twice. “The first time was in December 2008. They stole 20 panels and we got hit the second time in April of this year and they took 43 panels,” said ZD Wines CEO Robert Deleuze.  Deleuze said the thefts should not be a deterrent for anyone thinking of getting solar panels, but he also said it’s important to add security measures at the time of installation. “Whether it’s wire, whether it’s cameras, whether it’s security bolts, there’s a whole number of things that can be done,” explained Deleuze.  Many people also say stamping identification on the panels can also deter thieves.  “If they are stolen, our names, our phone number and the fact they are our property is on them. So it’s going to be difficult for them to sell,” Deleuze added.
Other steps include attaching cables and alarms to each panel.  Right now, officials believe these crimes are being committed by separate groups. The thieves most likely are reselling the panels for profit, so authorities said anyone considering buying solar panels should be careful and call authorities if they notice anything suspicious from prospective sellers.

Japanese “Sideways” Doesn’t Beat Up Merlot

September 23, 2009 in United States by BurgundyStreet

3F23D1SIDEWAYSJ.xlgraphic.prod_affiliate.4.JPGWhen the makers of the Japanese version of “Sideways” approached Napa Valley wineries about location shoots, the response wasn’t always positive.

“We had people hang up on us,” said Cellin Gluck, director of the Japanese-language remake, showing Sunday at the Wine Country Film Festival in Napa in advance of its October premiere in Japan.
The problem, Gluck discovered, lay with the famous line shouted by Paul Giamatti’s character, Miles, in the original 2004 film. This line expressed wine snob Miles’ disdain for merlot – a variety grown widely in the Napa Valley – in no uncertain terms.

Several Napa Valley wineries eventually came aboard after assurances that this “Sideways,” gentler in many respects than its predecessor, would not disparage merlot or any other varietal.

“It didn’t make any sense to bash any wine,” said Gluck, a multilingual director raised in Japan who led a Japanese cast and an American crew during a shoot in Los Angeles and the Napa Valley. “Miles felt it necessary to be denigrating. Michio (the equivalent character in the new film) only cares about the finer points of things.”

If the remake becomes a hit in Japan, it might benefit the wineries highlighted in the film. After all, the impact of the original “Sideways” was great enough to cut into sales of merlot, elevate sales of pinot noir (Miles’ preferred red) and increase tourism in the Santa Ynez Valley, the setting of the first film.

The new “Sideways,” made by Fox International and Fuji Television for less than $4 million (roughly a quarter of what the original cost), lacked time and money to redo the signage outside the wineries and other businesses used as locations. Thus, the movie’s plugs for Beringer, Frog’s Leap, Newton Vineyard and others.

“Japan is by far our biggest export market,” Lara Abbott, public relations manager for Newton Vineyard, said in explaining Newton’s participation in the film.

Abbott has seen the movie and likes the way it showcases the winery’s interior and grounds. She’s also pleased with the screen time she was granted.

“My big thing is that I didn’t get cut!” Abbott said of her bit role as a winery hospitality specialist. She’s so excited about the film, she said, that “I’m personally taking myself to the premiere in Tokyo.”

Part of Hollywood studios’ nascent efforts to move beyond subtitles in attracting foreign audiences, “Sideways” will open widely in Japan. So it’s no surprise that the remake takes a more mainstream approach than the original film, which began its run in art houses.

Michio (Japanese comic actor Fumiyo Kohinata) is still a cranky, struggling writer, but without the self-loathing of Giamatti’s Miles.

Michio’s actor buddy (Katsuhisa Namase) is out for a few last sexual hurrahs on the eve of his wedding, just like the pal in the first film. But in the new “Sideways,” this character comes off as less pathological (à la Thomas Haden Church’s portrayal) than simply cheeky.

“We didn’t want it to be too dark,” Gluck said of the remake. “It was enough that it was a midlife crisis movie … we wanted it to be fun.”

For American audiences, the most recognizable name in the cast might be Rinko Kikuchi, nominated for a supporting-actress Oscar a few years ago for her performance in “Babel.” She plays the free-spirited young woman (Sandra Oh in the original) romantically duped by the actor.

Kikuchi “is probably the least known” in Japan, Gluck says of his cast, which features Japanese TV veteran Kyoka Suzuki as a winery worker tentatively romanced by Michio. Like Virginia Madsen in the original, Suzuki convinces as a luminous beauty who develops an unlikely attraction to a shlub.

Though the filmmakers based the Japanese “Sideways” on the original script, they moved the setting from the Santa Ynez Valley to the Napa Valley because they believed Japanese viewers would be more likely to connect California winemaking to Calistoga than to Solvang.

“We wanted it to be unfamiliar to Japanese audiences, yet familiar,” Gluck said. “They would not relate to it as much if it is an unknown little town that has a windmill.”

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