Latour 2009 released

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Jeff Leve
Posts: 1873
Joined: August 2nd, 2009, 4:17 pm

Re: Latour 2009 released

#51 Post by Jeff Leve » September 15th, 2020, 4:56 pm

Anton D wrote:
September 15th, 2020, 2:53 pm
Jeff Leve wrote:
September 15th, 2020, 11:49 am
Anton D wrote:
September 14th, 2020, 1:06 pm


The grand vin Chateau Latour normally has an annual production of 18,000 cases. The second wine has an average annual production of 11,000 cases.

Mark posted ex chateau. Around $1230 a bottle. If 800 is closer, still big coin.
Where do you get those numbers from ?

You’re wrong. You’re not even close.

As a matter of fact, 2009 at Latour was quite small. Even less than I first posted. The production was only 8,000 cases of the Grand Vin.

Your numbers are wrong as well. Where did you get those ? Latour only receives 50-60% of retail. Still a lot of money. But as I said earlier, it’s a drop in the bucket against their revenue stream.
Wikipedia...

https://en.wikipedia.org/wiki/Ch%C3%A2t ... te-wd-cl-2

https://www.thewinecellarinsider.com/bo ... ac/latour/

Production of Chateau Latour has been intentionally declining over the years and the quality, concentration and complexity has been increasing, along with the price.

...the 2000 vintage had 15,000 cases were produced.Since that time, production has ranged. For example, in 2003, production was 10,800 cases, 2005 saw 12,000 cases and in 2010 close to 11,000 cases were produced of Chateau Latour."

So, maybe not 18,000.

But, then, 'Wine Investment' says...

Annual Production ​(Grand Vin) 16-18,000 cases

https://www.wineinvestment.com/wine/bor ... au-latour/

Tell you what, you can keep your numbers and we can all chat about the prices. [cheers.gif]
FWIW, you should read my site, not Wine Investment. I am close to accurate. I am not sure Latour ever made 18,000 cases. To do that, all 47 hectares would have to be in production, yields would need to be good and every grape on every vine would have to go into the Grand Vin. That is not the case as Latour.

But 8,000 for 2009 is correct.

All about Latour - https://www.thewinecellarinsider.com/bo ... ac/latour/

We can of course chat about price. Me, I do not care how much a winery charges. The market will accept it or not. I suspect with time, the market buy it slowly.

Jeff Leve
Posts: 1873
Joined: August 2nd, 2009, 4:17 pm

Re: Latour 2009 released

#52 Post by Jeff Leve » September 15th, 2020, 5:02 pm

Mark Golodetz wrote:
September 15th, 2020, 1:02 pm
Jeff,
You always sound a little belligerent when you are disputing facts.

Clearly, Latour is not working on 50-60% of retail. The price is €860 ex negotiant who typically work on a 10% margin. So depending on what you define as retail (I used $1225) it is close to 75% of retail.
I am stating facts, not disputing them, esecially about the number of cases produced. neener

Most of the time, it is suggested that negociants take a 20% margin. Guessing that retailers make on average 20%, and that is for those not in the 3 tier system, that give Latour 60%, give or take.

It is a lot of money to us. But as I said earlier, it is a minor fraction of what all the Pinault owned companies bring in.

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Dale Bowers
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Joined: April 27th, 2010, 9:44 pm
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Re: Latour 2009 released

#53 Post by Dale Bowers » September 15th, 2020, 5:59 pm

Hell, I have some 1990 stored since release I’d sell for that.
Cheers!

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Mark Golodetz
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Joined: May 29th, 2009, 8:49 pm

Re: Latour 2009 released

#54 Post by Mark Golodetz » September 15th, 2020, 6:49 pm

Jeff Leve wrote:
September 15th, 2020, 5:02 pm
Mark Golodetz wrote:
September 15th, 2020, 1:02 pm
Jeff,
You always sound a little belligerent when you are disputing facts.

Clearly, Latour is not working on 50-60% of retail. The price is €860 ex negotiant who typically work on a 10% margin. So depending on what you define as retail (I used $1225) it is close to 75% of retail.
I am stating facts, not disputing them, esecially about the number of cases produced. neener

Most of the time, it is suggested that negociants take a 20% margin. Guessing that retailers make on average 20%, and that is for those not in the 3 tier system, that give Latour 60%, give or take.

It is a lot of money to us. But as I said earlier, it is a minor fraction of what all the Pinault owned companies bring in.
Negotiants dream of 20%. Then they wake to the reality of 10%; occasionally an extra couple of points. That being said, a special sweetheart deal may have been worked out. Jeff, you know Engerer; if there is no upside for him to take money off the table, do you think he would do it?
ITB

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