Tag: uk

8 Keys to understanding how Brexit might affect the wine industry from a Spanish perspective

 TAGS:undefined

Almost a month since the ‘no’ came from the UK to Europe, the most immediate response in consequences on the economy was the low level of the pound.

The time passed since the referendum has inspired one to envision various possible economic scenarios, especially in the field of food and wine, in which the UK has a primary role as a buyer.

Consequences for the export of Spanish and European wine

Following the referendum, it has opened a horizon of difficult questions for the future. The question is how Brexit will affect the economy? The truth is that it is difficult and complicated to try to provide an answer, although we can highlight some keys to try approach the question.

1. Lowering of the purchase power of the British people. If there is a factor that may affect the current export of wine, we are at the lowest concerning consumption capacity of the English as a result from a weak pound. If this trend is maintained in the future, it could ultimately affect the export of wine to the UK.

2. More depreciation of the pound against the dollar than against the euro. According to information published by the Spanish Observatory Wine Market (OEMV), the pound has depreciated more against the dollar than against the euro, so in this sense, could affect the  Americans wine industry more than the European wine industry. And this, a priori, could be positive for the Spanish and European market.

3. Free trade Tradition and raw material shortages. It is unlikely that the United Kingdom decides to impose new tariffs on European products because of its need for raw materials and its pro-free trade political tradition. Thus, given the circumstances, these two factors could facilitate exchange agreements.

4. The time needed for negocación of new trade relations. As pointed out in the article Brexit for wine lovers, published on Jancisrobinson.com, renegotiating agreements with the United Kingdom as a third country could take up to a decade, considering that within two years it will be necessary to determine the legal precepts from the United Kingdom. Therefore, a span this long could ultimately affect exports.

5. A healthy economy in Spanish wine exports. Despite the uncertainty, the current situation regarding Spanish wine exports to the UK is good, especially in terms of value. Thus, while the future is unclear, the Spanish market is in a good position, which can help offset possible negative effects.

In this sense, according to figures OEMV 2015, Spain exported to the UK a total 159.3 million liters of wine worth 343 million euros, representing an increase of 0.1% in terms of volume and 0.5% in terms of value. In fact, over the past 20 years, the average annual growth was 3.3% in volume and 4.9% in value. We can say, therefore, that the UK is buying Spanish wine, and does so with a growing trend of wines with O.D.

6. Competitive advantage in the price of Spanish wine. Although France, Italy, and Portugal top the list of wine suppliers to the UK, the fact is that the prices of Spanish wines are more competitive than those of other countries, a factor that undoubtedly plays a role for them. By contrast, wine of Burgundy which has been more costly since 2012 and that due to the adverse conditions of the current crop, could do even more- it would be most affected by the loss of purchase power of the English population.

Consequences from the English point of view

The consequences of Brexit, however, may not only affect exports, but also domestic business and exports from the United Kingdom.

7. Boost for English wine. For example, according to the analysis of Brexit for Wine lovers, producers of English wine could benefit from a hypothetical increase in the price of European wine, as they could position itself as a cheaper alternative for British consumers. Due to the fact of having more attractive prices, English wines could also gain a better position in the international market.

8. Loss of advantageous agreements for other industries. Although we have spoken mainly of wine, we can not forget that there is another large industry that could be affected in the medium and long term: namely the whiskey industry.

According to the specialized portal The Drinks Business in late June, the Scotch Whisky Association, they conceive the single European market as “a key to the success of Scotch” and for giants like Diageo and Pernod Ricard which voted to stay, the industry has substantially benefited from free trade agreements with South Korea, Vietnam, and Colombia. It is unclear, therefore, what will be the situation of the industry following the departure from the EU.

A lot at stake, a lot to decide

To conclude, if anything is clear, is that with so much at stake, decisions that will be taken at a high level will not be easy. The coming months will be decisive for the future, but the view must be set already and change is coming. Future scenarios, although not catastrophic, still represent a challenge for the wine- and spirit sector.

The sky above English gastronomy is full of Michelin stars

 TAGS:undefinedThe publication of the new Michelin Guide for Great Britain and Ireland is always a highlight for fans of gastronomy, famous chefs and the best restaurants. London is one of the best rated cities world wide for culinary art and year after year is awarded various Michelin stars.

Of the 17 new entries in the Michelin Guide for London 2016, there are 15 restaurants awarded 1 star and 2 new restaurants awarded 2 stars: The Japanese restaurants Araki and Umu both gained 2 stars.

The sushi restaurant Araki, which opened its doors in Mayfair last summer, asks £ 300 per person for its omakase menu. It is supervised by chef Mitsuhiro Araki, who closed a three-Michelin starred restaurant in Tokyo in 2013 to open this one in London.

“It is a big compliment to London, that Sushi master Mitsuhiro Araki closed his three-starred restaurant in Tokyo to go to the United Kingdom and challenge himself in a different culture”, says Rebecca Burr, editor of the Michelin Guide.

Umu is a very different kind of Japanese restaurant. Its chef Yoshinor Ishii has constantly improved his cooking and brought it to a completely new level.”

Four more London restaurants were awarded one star, one of them is the modern British restaurant Lyle’s of James Lowe in Shoreditch, furthermore, Bonhams in Mayfair, The Portland in Regent Park and the restaurant of the Goring hotel in Victoria.

Among the one-star-winning restaurants outside London there are the Carters of Moseley in the West Midlands, the Gravetye Manor in West Sussex, The Man Behind the Curtain in West Yorkshire, John’s House in Leicestershire, Woodpeen in West Berkshire and the House of Tides in Tyne and Wear.

In Scotland The Cellar in Anstruther gained 1 star, just as Eipic and OX in Belfast, The Greenhouse in Dublin and Loam in Galway. 13 restaurants lost their outstanding Michelin-star qualification, among them Gordon Ramsay’s Maze in Mayfair, formerly led by  Jason Atherton, and the Indian restaurant Rasoi in Chelsea.

Be it as it may, London’s cooking is on top of the world and the city’s best restaurants have thrown their hats in the ring for the title of the World’s Best Restaurant, at the moment hold by the great El Celler de Can Roca.

 TAGS:Coto de Imaz Reserva 2010Coto de Imaz Reserva 2010

Coto de Imaz Reserva 2010: a red wine from the Rioja DO with a blend based on tempranillo of 2010 and has a volume of alcohol of 13.5º.

 

 

 TAGS:Castle Of Dracula Marsecco Red Delle Venezie Vino Frizzante SemiseccoCastle Of Dracula Marsecco Red Delle Venezie Vino Frizzante Semisecco

Castle Of Dracula Marsecco Red Delle Venezie Vino Frizzante Semisecco: a sparkling wine from the Veneto DO and with an alcohol content of 10.5º. 

 

 

What will be the best restaurants in the world?

 TAGS:undefined

A new edition of The World’s 50 Best Restaurants, sponsored by S. Pellegrino and Acqua Panna, will return to the historic Guildhall in London for a prestigious ceremony.

The awards provide an annual snapshot of the global gastronomic scene; they are a recognized and respected benchmark which shows the main trends and remarkable culinary treasures from all corners of the Earth.

In 2014, 49 of the 50 restaurants in the list attended the gala event. This time the Noma restaurant in Copenhagen regained the title of S. Pellegrino World’s best restaurant.

This year, for the first time, the top 50 restaurants in the world will be working with professionals in consulting services from Deloitte as an independent official partner. Deloitte will ensure the integrity and authenticity of the voting process and the resulting list of the 50 best restaurants in the world 2015 will become protected.

William Drew, editor of the top 50 restaurants in the world Group, said: “We are very pleased to confirm the date of the awards for the World’s 50 Best Restaurants 2015 on Monday, June 1st”.

“As always, we strive to ensure that the results reflect the current global gastronomic scene, with a system that allows members to vote throughout the world, from small and unknown restaurants in remote areas to some of the best known restaurants in the world”, said Drew.

“This year, we are delighted to introduce the worldwide renowned consulting firm Deloitte as an independent judge to validate the voting process and the resulting list. We believe this is an important step in strengthening the integrity and credibility of The World’s 50 Best Restaurants”, he said finally.

In the ceremony, the top 50 restaurants will be announced, and it will culminate with the coveted award for the S. Pellegrino Best Restaurant in the World. In addition to other awards categories, including Veuve Clicquot World’s Best Female Artist and Diners Club® Life Achievement Award.

The list of the World’s top 50 restaurants will be presented in the company of the best chefs and international media gathered. The list of nominees is created from the votes of the Diners Club® World’s 50 Best Restaurants Academy, an influential group of nearly 1,000 international leaders in the gastronomic community.

The Academy has 27 separate regions around the world. Each region has 36 members, including a president, and each member can cast seven votes. Of the seven, at least 3 votes go to restaurants outside the region of the member itself.

 

 TAGS:M. Chapoutier Bila Haut L'Esquerda 2013M. Chapoutier Bila Haut L’Esquerda 2013

M. Chapoutier Bila Haut L’Esquerda 2013: a red wine from the Côtes du Roussillon Villages DO with the best bunches of 2013 syrah and grenache and presents an alcohol content of 14º.

 

 

 TAGS:Veuve Clicquot BrutVeuve Clicquot Brut

Veuve Clicquot Brut: a sparkling wine with Champagne DO made with pinot Noir and pinot Meunier and with an alcohol proof of 12º. 

 

 

* Picture: Angelo Amboldi (flickr)

The 10 countries that consume more champagne in the world

 TAGS:undefined

Among champagne lovers, there are 10 countries that stand out for their consumption levels of this delicious drink, preferred by many in romantic evenings and toasts.

Despite the difficulties in sales of champagne in some countries for the second consecutive year, half of these 10 countries showed growth in their consumption according to figures provided by the UK Champagne Bureau.

10. Sweden

2,495,188 bottles consumed in 2013, representing a 7.6% growth compared to 2012.

9. Spain

With 3,066,022 bottles consumed in 2013, leaving the lead to their traditional cava, but still showing their passion for a good champagne.

8. Switzerland

With 5,137,664 bottles sold in 2013, champagne imports in this country fell 4.07%.

7. Italy

With 5,359,536 bottles sold, Champagne imports fell 14.18% in 2013.

6. Australia

With 6,023,165 bottles imported to Australia, these figures are gradually growing every year, Australia has the second highest growth in consumption of champagne in 2013 with 11.4%.

5. Belgium

With 9,525,304 bottles consumed in 2013, the margins of sales increased by 14.1%. Despite being a relatively small country, the people of Belgium managed to sell nearly 10 million bottles over last year.

4. Japan

With 9,674,446 bottles in 2013, it is the only Asian market that is part of this count, increasing its imports by 6.7%.

3. Germany

In Germany the champagne had a stable position in 2013, with a fall in imports of only 1.57%.

2. United States

Imports of Champagne to the US continued to grow in 2013, albeit only 0.93%, 160,000 bottles more compared to 2012.

1. UK

Despite Champagne registered imports fell 5.1% in volume and 3.8% in value during 2013. Of a total of 136.6 million bottles, 30.8 million were shipped to Britain.

 

 TAGS:Billecart-Salmon Brut RéserveBillecart-Salmon Brut Réserve

Billecart Salmon produces this Billecart-Salmon Brut Réserve (£26.00) a sparkling wine from the Champagne DO which is made with pinot Noir and pinot Meuniere.

 

 

 TAGS:Mercier Demi SecMercier Demi Sec

Mercier Demi Sec is a sparkling wine from Champagne DO. 3,3 points on 5 is the average score of Mercier Demi Sec according to Uvinum users.

 

 

 TAGS:Pol Roger Brut RéservePol Roger Brut Réserve

Champagne Pol Roger Brut Reserve is a balance between power and finesse. It combines wonderfully structure and vinosity, elegance and freshness.

 

Consumers stay home and drink wine

Good news for the wine industry: a recent survey shows wine has become consumers’ first choice in the US, UK, and Australia when they stay at home, which itself remains a strong trend as people seem reluctant to return to their pre-Crisis levels of spending on eating and drinking out.

The bad news for upper tier wineries is that the wines chosen remain on the lower end of the price scale in the US, Australia, and other countries like Italy and Austria. Only the UK is feeling optimistic- 30% are willing to pay more then $10 per bottle versus the $7 bottles selling in the other countries.

Red wine

What does this mean? In the short term wineries selling wines over $10 are going to continue to struggle for a while and wine flash sales and deals will continue- more of the same we’ve been seeing in the past year. But long term it means drinking habits are shifting from beer and spirits towards wine, which is considered better for your health, adds an additional level of pleasure to food, and has strong associations with sharing good times with family and friends. Even the Crisis has had one major upside, as in their search for values consumers have become more open to experimenting with new regions and varietals. This means once confidence is restored the industry may have its best moment yet- a wide wine drinking population, now open minded and with increased power to move up the price scale and searching for great finds at all levels. And with internet shopping for wine now more widely available, consumers will be able to take advantage of more choices than ever.

I’d Like to Introduce Myself…

My name is Lauren Dickinson, and I’ve recently joined Uvinum to help out with the US and UK markets where the site’s presence is developing very quickly.

Although I currently live in Barcelona, I grew up in the San Francisco Bay Area and worked in the wine industry there for several years before moving to Europe last August.  I am happy to be working with my passion for wine here again, now combined with the excitement of joining a team that’s part of the movement to develop the online world of wine, which I believe offers many chances to bring all kinds of wine drinkers together, from peers to professionals, to share what we know and enjoy and learn from others.

Living here I enjoy tasting all kinds of Spanish wines, particularly the reds from Priorat, and the Cavas from just outside Barcelona, although I have to admit once in a while I get homesick for the Napa Cabs I was raised on (I think my very first taste of wine was thanks to Warren Winiarski’s Stag’s Leap) and the Central Coast Pinots and Dry Creek Zinfandels that I had recently come to love.  But I am always finding new favorites to recommend to friends back home!

I look forward to hearing from you and learning about which wines you’re trying.

Are you ready for Uvinum UK?

We launched Uvinum.es (our Spanish site) on 15th December 2009. We started in Spain for several reasons, but mainly because all 3 co-founders live in Spain and know the wine sector perfectly. After 70 days on-line, the results have been awesome. We have steadily improved the quality of our services and of our platform and we have put our partners’ wine catalogues on-line: (Decantalo, Millesima, Companyia d’Alella, Aporvino and Fansdelvino).
Apart from this, we have been talking with wineries and users, trying to see what we can do to improve and change, so that Uvinum becomes better and better with each passing day. Naturally, we need more time to reach our goals with regards to services, but our feeling is that our wine-lovers are trusting us.
Thank you for having confidence in us and in our project and for helping us to improve it!

We have also got good impact thanks to the Media , being on TV , blogs and some wine medias. And the power of offline Media is still impressive , reaching our major day after our presence during 30 seconds  in TV3 (Catalonia official TV ).

But , in In Internet you can wait. You have to go straight, and grow everyday if you want to be alive. We know that we have to enter in major markets and evidently UK is a huge wine market. And for many reasons:

  • impressive wine consuming (growing every year)
  • a great  internet culture in the country
  • costumers interested in discovering new wines. That’s amazing and Uvinum loves this. Uk is a great country , always looking to se enew trends, new sensations.
  • a country in which you can discover a wine from australia, new zealand, france or argentina and buy it easily. That’s not the case in other countries.

The fact is that the 2 Albert’s and I are working to be able to launch Uvinum.co.uk in the  next days. Be ready, Uvinum is coming!