March is set to be a busy month on the Hong Kong wine scene, with wine lovers torn between two equally famous yet very different wine gurus: Jancis Robinson and Robert Parker. Each of them, coincidentally, has two evenings of dinners in Hong Kong—on the same dates. When Robinson is answering questions from WSET diploma students and graduates on the 5th, Parker will be showcasing iconic French wines and their New Word counterparts to 300 guests. The next evening, Robinson will be lending her support to the charity ‘Room to Read’, with wines sponsored by Watson’s, while Parker will be sharing his ‘legend’ wines with some 200 guests, each paying US$1,000+ for the privilege. Hong Kong is just one of the stops on their Asian tours and luckily it seems their schedules only clash in Hong Kong.
In the last few years there has been no shortage of wine ‘big shots’ staging high profile events in Greater China. Michel Bettane and Thierry Desseauve, two respected French critics, have held tastings under the banners ‘Le Grand Day of Indulgence’ and ‘Wine Experience’ in Hong Kong and Shanghai, and I believe the ticket price of HK$18,000/person in Hong Kong for an intimate whole-day gathering of 50 guests is still the record price. James Suckling, an American wine critic who now spends half his time in Hong Kong, has his ‘Great Wine Tasting of Bordeaux’ and ‘Great Wine Tasting of Italy’ events priced at around HK$2,000/person for VIP tickets.
All these glamour events no doubt create excitement and buzz among Hong Kong’s wine connoisseurs and paint a rosy impression for producers, yet somehow I wonder if they really help expand the Hong Kong wine market. Let’s look at things from the consumer point of view:
Those who sign up for or aware of these events will almost all be wine collectors or serious wine lovers who appreciate and drink wine nearly every day. They won’t drink more because of these VIP events as their livers are pretty much working at capacity already.
For those who hardly drink or are not interested in wine, they won’t know how influential these big shots are and won’t drink more because of them. So these events have little or no impact on them.
That leaves the last group, which is actually the majority of wine consumers in Hong Kong—occasional drinkers who have some interest in wine but don’t know much about it. What is the impact of these events on them (bearing in mind that they won’t attend the events but may hear about them)? Will our VIP presenters inspire them to drink and enjoy more wine, or will they be led down the path of believing that only expensive wines are worth drinking? Sadly, I fear it will be the latter because of the herd mentality. And that is a pity because it means the middle market, which ought to be the core of any mature wine market, is left hollow and undeveloped.
I’m not saying high profile tasting events are bad (we all enjoy them, don’t we?). But I do think that for a still developing market like Hong Kong, perhaps it would be more beneficial—more help in building a solid, sustainable market—if the big shots could, in addition to the lavish tastings, host some simpler, more affordable tastings for new and curious wine consumers, aimed at providing that spark that inspires them to love wine for what it is rather than chasing labels. We can then, over time, nurture them into core wine consumers as opposed to occasional drinkers. In turn, they will inspire other average consumers to give wine a try. And of course some of them will one day grow to become the enthusiasts who sign up as guests of these high-profile exclusive events!
Saturday, 22 February 2014
Saturday, 8 February 2014
Marqués de Riscal - Tradition and Modernity
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| Great afternoon sunshine at the tasting, View 62 |
First the wine: the grapes come only from the Rioja Alavesa region, the best sub-zone in Rioja with vineyards at up to 800m altitude. Apart from the traditional grape varieties of Tempranillo, Graciano and Mazuelo, Marqués de Riscal has also planted Cabernet Sauvignon since 1858 and is one of the very few wineries that are allowed to have Cabernet Sauvignon in the blend. And it was precisely because the quality of its Cabernet Sauvignon so impressed Paul Pontallier, the then technical director and now managing director of Chateau Margaux, that in 1998 he agreed to become a consultant to Marqués de Riscal in charge of blending its top range. The Barón de Chirel 2006 we tasted, with 10% Cabernet Sauvignon in the blend and aged in French barriques, clearly has the footprint of a Bordeaux. It is, according to José, a wine that combines tradition and modernity.
In addition to the Frenchman, the estate has also secured the help of Frank P. Gehry, a renowned Canadian architect who designed the Guggenheim Museum in Bilbao, to design the ‘City of Wine’, a colossal project that combines tradition and innovation in the heartland of Rioja. The wavy titanium roof of pink, gold and silver houses a hotel and the oldest cellars of Marqués de Riscal. On this occasion, it was not Cabernet Sauvignon but a bottle of Marqués de Riscal 1929, the birth year of Frank (probably with some Cabernet in the blend), that charmed him to agree to take on the project.
And the next big plan? José has decided to call on all international help. Marqués de Riscal plans to invite 10 people, one from each of 10 different countries—the US, the UK, Japan, China, Hong Kong, to name a few—for a 3-day vertical tasting of Marqués de Riscal dating back to 1858 (the founding year). The tasting notes and comments of these experts will be made into a book commemorating the estate. The guests are not finalised yet apart from Japan’s. No doubt a few of our friends in Hong Kong and China will be jockeying for an invitation. I wonder who will be the lucky ones.
Marqués de Riscal is certainly far-sighted. It was the first to produce white wine in Rueda, and in 2011 held an auction of 100 vintages in Beijing. Like many big and long-established companies, it had its downs in the 1980s but has since transformed in the 21st century. Let’s hope it will continue to reinvent itself over the next 150 years.
We also had a vertical tasting of Marqués de Riscal Rioja Reserva 1997, 1998 and 1999. The 1998, coincidentally without any Cabernet Sauvignon in the blend, was voted by most as their favourite of the day.
Marqués de Riscal is available from ASC Fine Wines.
Labels:
ASC Fine Wines,
Cabernet Sauvignon,
Graciano,
Mazuelo,
Rioja,
Spain,
Tempranillo
Monday, 27 January 2014
Personal preference
At a recent Cave de Tain l’Hermitage vertical tasting, there were two wines, Hermitage Classic 1996 and 1993 (100% Syrah), that caused a bit of debate and demonstrated how subjective wine tasting can be.
We first tasted the 1996, which I found had an appealing nose of savoury characters of dried seafood and tea leaves. However, to me, it was let down by the palate as it was a bit flat and the length on the short side. The 1993, on the other hand, had a similar bouquet but the palate was more lifted and consistent with the nose. My neighbour shared the same view.
When at the end Jean-Benoît Kelagopian, the Commercial Export Director of Cave de Tain who led the tasting, asked our opinion, all of us except two preferred 1993. The surprising thing was that those who preferred the 1996, including Jean-Benoît, reckoned it was still too young to drink, totally opposite to what I thought.
I later discussed this with Jean-Benoît. He agreed with me that the aftertaste of the 1996 was shorter but said the tannin was still fairly dominant and would need a few years before the wine could shine. In contrast, the 1993 is drinking well now, hence most of us preferred it.
This confirmed, yet again, that wine tasting is highly subjective and there are often spilt opinions in the room. One man's meat is another man's poison, but then this is exactly why wine is so interesting. No one, including wine experts, is in a position to adjudicate on who’s right or wrong. We all have our own palate and preferences.
I would like to urge all wine lovers who don’t dare to disagree with others, or who only drink what the majority drink, to be more relaxed and follow their heart. After all, the world will be too boring if we always have the same view as everybody else’s.
Cave de Tain is available from Amber Wines. Try the 1993 and 1996 yourself and see which one you prefer.
We first tasted the 1996, which I found had an appealing nose of savoury characters of dried seafood and tea leaves. However, to me, it was let down by the palate as it was a bit flat and the length on the short side. The 1993, on the other hand, had a similar bouquet but the palate was more lifted and consistent with the nose. My neighbour shared the same view.
When at the end Jean-Benoît Kelagopian, the Commercial Export Director of Cave de Tain who led the tasting, asked our opinion, all of us except two preferred 1993. The surprising thing was that those who preferred the 1996, including Jean-Benoît, reckoned it was still too young to drink, totally opposite to what I thought.
I later discussed this with Jean-Benoît. He agreed with me that the aftertaste of the 1996 was shorter but said the tannin was still fairly dominant and would need a few years before the wine could shine. In contrast, the 1993 is drinking well now, hence most of us preferred it.
This confirmed, yet again, that wine tasting is highly subjective and there are often spilt opinions in the room. One man's meat is another man's poison, but then this is exactly why wine is so interesting. No one, including wine experts, is in a position to adjudicate on who’s right or wrong. We all have our own palate and preferences.
I would like to urge all wine lovers who don’t dare to disagree with others, or who only drink what the majority drink, to be more relaxed and follow their heart. After all, the world will be too boring if we always have the same view as everybody else’s.
Cave de Tain is available from Amber Wines. Try the 1993 and 1996 yourself and see which one you prefer.
Saturday, 11 January 2014
Anything but Bordeaux?
Recent research I did on the position of Italian wine in Hong Kong revealed some interesting facts about the whole structure of our market at the moment.
Most of us know that France has the biggest market share in Hong Kong both by volume and by value. But did you know that Australia is second and the the US third (both by volume and value)?
In terms of volume, Chile is fourth, followed by Spain and Italy. Given that nearly all wine lists in Hong Kong restaurants feature some Italian wine, I was surprised that Italy was only in 6th place.
Going deeper into the figures, the share of French wine by value is more than double its share by volume (value 70%, 32%). The value also includes England and Switzerland as most wine shipped from these countries to HK is French (they were ranked 2nd and 9th top importers by value but not in terms of volume). Actually, I suspect a good portion of wine from the US to Hong Kong is of French origin as well, implying that real US-origin wine would be in lower than third place.
This is logical when you think of all the super-premium Bordeaux and Burgundy here. But how about Italy? With our love of Barolos, Brunellos and Super Tuscans, perhaps its share by value would also be higher than by volume? Well, at first sight, the reverse seems to be true: its share by value is only 3% while its volume share is 6%. Two possible arguments to explain this are that
super premium Italian wine is not as in demand as the super premium French wine and that the production quantity of top Italian wines is simply lower than the French ones.
But what happens if you exclude the French figures from the picture? Then we see that Germany and the US have higher value share than volume share, with ratios of 1.73 and 1.36 respectively, suggesting these countries have more wine in the premium sector. Italy, Australia and New Zealand are pretty much middle of the road, with value to volume ratios ranging from 1.17 to 0.87. At the other end of the scale are Chile and Spain with more entry level wine than average.
I then looked at Watson’s online store to analyse its stock distribution. Watson’s is the biggest wine retailer in Hong Kong so is pretty much representative of the market as a whole. The findings were even more interesting. Of the 1,850 SKUs (stock keeping units, here indicating the number of different wines), 880 (48%) were French, followed by Australia with 202 SKUs (11%). Then came Italy and the US at about 120 SKUs (6%) each.
So Watson’s figures do seem to be broadly in line with the wider market figures mentioned earlier. But my research did not stop there. Further analysis of Watson's French wine SKUs revealed that a whopping 65% was Bordeaux, while 23% was Burgundy, leaving the remainder (a mere 12%) to cover the whole of the rest of France.
What do these figures tell us? Well, our market is dominated not really by French wine, but by Bordeaux. To me, that is a shame as there are so many wines in the world (and even in other parts of France) waiting to be explored. Hong Kong abolished wine import duties in 2008 and we have all seen the exponential growth in the number of importers since then. What a pity that most of them are still apparently geared towards Bordeaux.
Hong Kong has a bit of a ‘herd’ mentality and it becomes a reinforcing feedback loop that we drink more Bordeaux, importers bring in more Bordeaux and new consumers copy the regulars and drink (surprise, surprise) Bordeaux. I think we should start a movement of drinking a wine from a different region every time, trying not to repeat it until after 10 or 12 wines. That way you soon find out that a life not restricted to Bordeaux is a lot more colourful. For myself, I drink so many different wines that I have actually forgotten when I last had a Bordeaux. Not only would this help us all broaden our horizons, it would also push importers to break out of the comfort zone and look out for other wines. I remember having a hard time finding a Cabernet Franc from Loire a few months ago—a sad state of affairs. Don’t get me wrong, I’m not against Bordeaux, but we should also not allow ourselves to miss all those other wonderful wines as well.
Fortunately, there are some importers/wine clubs specialising in other wines. Feel free to check them out.
Adega Royale: Portuguese
At Style: Australia and New Zealand
BNS (Asia): Italian
Castello del Vino: Italian
Cottage Vineyards: Little known regions
Cytise Distribution: French except Bordeaux
Eccevino: German and Italian
Finessa: Swiss and Spanish
Georgian Valleys: Georgian
Ghvino: Eastern European
Gin Gallery: Italian
Golden Gate: US
Heritage Wines: Mainly Italian
Kobo Wine: New Zealand
Margaret River Wines: Australia, New Zealand and German
Redmill: Lebanon
S&D German Wines: German
Schmidt Vinothek: German, Austrian and Swiss
South Africa World of Wine: well, South African
The Swiss Wine Store: Swiss
Thomas Palmer Fine German Wines: German
Veritas Wine: Hungarian
Vincisive: South African
VinoVeritas: Italian
Wine Connection: Australian and New Zealand
Wine ‘n’ things: Mainly New World
Wines North: Canadian
Wiseville: Hungarian
Happy exploring!
Source: Global Trade Atlas
In terms of volume, Chile is fourth, followed by Spain and Italy. Given that nearly all wine lists in Hong Kong restaurants feature some Italian wine, I was surprised that Italy was only in 6th place.
Going deeper into the figures, the share of French wine by value is more than double its share by volume (value 70%, 32%). The value also includes England and Switzerland as most wine shipped from these countries to HK is French (they were ranked 2nd and 9th top importers by value but not in terms of volume). Actually, I suspect a good portion of wine from the US to Hong Kong is of French origin as well, implying that real US-origin wine would be in lower than third place.
This is logical when you think of all the super-premium Bordeaux and Burgundy here. But how about Italy? With our love of Barolos, Brunellos and Super Tuscans, perhaps its share by value would also be higher than by volume? Well, at first sight, the reverse seems to be true: its share by value is only 3% while its volume share is 6%. Two possible arguments to explain this are that super premium Italian wine is not as in demand as the super premium French wine and that the production quantity of top Italian wines is simply lower than the French ones.
But what happens if you exclude the French figures from the picture? Then we see that Germany and the US have higher value share than volume share, with ratios of 1.73 and 1.36 respectively, suggesting these countries have more wine in the premium sector. Italy, Australia and New Zealand are pretty much middle of the road, with value to volume ratios ranging from 1.17 to 0.87. At the other end of the scale are Chile and Spain with more entry level wine than average.
I then looked at Watson’s online store to analyse its stock distribution. Watson’s is the biggest wine retailer in Hong Kong so is pretty much representative of the market as a whole. The findings were even more interesting. Of the 1,850 SKUs (stock keeping units, here indicating the number of different wines), 880 (48%) were French, followed by Australia with 202 SKUs (11%). Then came Italy and the US at about 120 SKUs (6%) each.
So Watson’s figures do seem to be broadly in line with the wider market figures mentioned earlier. But my research did not stop there. Further analysis of Watson's French wine SKUs revealed that a whopping 65% was Bordeaux, while 23% was Burgundy, leaving the remainder (a mere 12%) to cover the whole of the rest of France.
What do these figures tell us? Well, our market is dominated not really by French wine, but by Bordeaux. To me, that is a shame as there are so many wines in the world (and even in other parts of France) waiting to be explored. Hong Kong abolished wine import duties in 2008 and we have all seen the exponential growth in the number of importers since then. What a pity that most of them are still apparently geared towards Bordeaux.
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| Be adventurous, try aged Cabernet and blends from Stellenbosch, the various shades of rosé from the Douro, or the many little-known wines from Martinborough |
Fortunately, there are some importers/wine clubs specialising in other wines. Feel free to check them out.
Adega Royale: Portuguese
At Style: Australia and New Zealand
BNS (Asia): Italian
Castello del Vino: Italian
Cottage Vineyards: Little known regions
Cytise Distribution: French except Bordeaux
Eccevino: German and Italian
Finessa: Swiss and Spanish
Georgian Valleys: Georgian
Ghvino: Eastern European
Gin Gallery: Italian
Golden Gate: US
Heritage Wines: Mainly Italian
Kobo Wine: New Zealand
Margaret River Wines: Australia, New Zealand and German
Redmill: Lebanon
S&D German Wines: German
Schmidt Vinothek: German, Austrian and Swiss
South Africa World of Wine: well, South African
The Swiss Wine Store: Swiss
Thomas Palmer Fine German Wines: German
Veritas Wine: Hungarian
Vincisive: South African
VinoVeritas: Italian
Wine Connection: Australian and New Zealand
Wine ‘n’ things: Mainly New World
Wines North: Canadian
Wiseville: Hungarian
Happy exploring!
Source: Global Trade Atlas
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