What was the step up?
Interesting re Leflaive. Had a 2021 Clavaillon the other night that was smoking!
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Low single digit %. Just directionally I was hoping for flat/ decline given state of market one year on. No negativity aimed at quality and am sympathetic to producers rising costs plus up coming low vol 2024 vintage. Just hope from me for sharper 2023 EP pricing than what I have seen from this first 2023 EP release. Maybe I have to reset my own expectations. Am interested if others have any additional 2023 EP data points to see whether price increases will be a trend?
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Leflaive certainly isn’t the broader market. They have made substantial cellar door price increases the past several years. Low single digit increase this year is a welcome relief TBH after double digit plus.
2017 EP for Chevy was £1500/3, now it’s £3500. They obviously see what their wines are going for on the secondary market and have raised prices to capture more of the margin.
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Some of their most prized 2022 lines has been selling at a discount to EP release prices in some markets recently. Would agree most 2023 EP prices are fair versus what 2022’s are now trading at. Issue is probably my own misplaced expectations as a historic Leflaive EP buyer. The recent vintage wines are great. Interesting to see where secondary prices settle at for this vintage
For the cuvees I got PYCM had stayed flat y/y.
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UK pricing on Leflaive could be much, much lower, the agents are taking a huge margin.
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Depends on how high tariffs go. Makes no difference to vintages in the future, as they will all be charged, but if you are backfilling, an additional 10% would be annoying, 20% and shipping etc would take out most of the difference.
You should post in the thread about Burgundies for people 60 and older (even if you are younger). We don’t remember if we have posted the same thing before and neither does anyone who reads it.
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Saw the pricing for this in France from a guy i buy a lot from who usually has very fair prices. 1050€. I think the cellar price is high here…
^ Correct. I’ve seen this producer on several of the few online shops I check regularly, and prices are very high across their offering. IIRC, the domaine is owned by AXA or Crédit Agricole’s or some other investment fund.
The domaine presentation is more or less a copy/paste of any other new bio or bio-D producer: focus on field work to get the best fruits and then low intervention approach to let each terroir blablabla. Nothing new or that stands apart. Little info on where their plots are. So we’ll see if the hype created by their asking prices is worth it.
In any case, I’m not in their customer range so ymmv.
Alain
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Interesting tidbit on the ownership.
That would explain the BBR agency as they typically are not an outfit for small, “geeky” new producers.
I know that eg. their Meursault Charmes plot is based on 90 y/old vines. Should be interesting. But the pricing is absurd for the Charlie GC.
I think the ownership is Lyon based investment fund SOLEXIA + Pierre Vincent himself. And he does have quite the resumé
Another data point from an email offer I just saw with the full lineup. The Meursault Charmes is $239 and the CC is $1399. US pricing
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New one for me.
Chantereves - Corton Charlemagne 2022 Going for a mere $700. Apparently relatively new, and doing all the right things but with no real history, seems excessive.
I mean they make some lovely Aligotes, but yes that seems a little excessive. You can find the Corton Charlemagne occasionally on Idealwine for 250-300€…
Napa gets away with this all the time, and it looks like Burgundy prodigies are taking notes.
Primary market?
I got the BR from this producer a few years ago and it was loaded with VA and almost undrinkable to me. Some guy on CT recently reviewed it with praise, but based on his language, he seems like a natty wine guy.
Chantereves is more on the natty side so there can be a ton of bottle variation. I’ve had some very good wines from them but also some bad ones.
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