Wednesday, 25 July 2012
Tesco to start selling Lafite
Monday, 6 February 2012
LVMH profit boosted by wine and spirits
The world's largest luxury goods group, LVMH, reported a 1% rise in 2011 net profit this week, as the company continues to show strong growth in its wine and spirits division, despite economic uncertainty in Europe. As reported on the drinks business, the group’s net profit topped €3 billion as sales jumped 16% last year, driven mainly by spending in Asia. "I'm going to be a bit repetitive because 2011 was an excellent year like 2010, and like I hope 2012 will be," said chief executive Bernard Arnault.
"After an exceptional 2011, LVMH is well-equipped to continue its growth momentum across all divisions in 2012. Its strategy will remain focused on developing brands through strong innovation, quality and expansion in high potential markets," he added. The French group’s portfolio includes Champagne brands Dom Pérignon, Krug, Veuve Clicquot and Moët & Chandon, Château d’Yquem in Sauternes, and Château Cheval Blanc in St Emilion. It also owns Glenmorangie and Ardbeg whiskies, and Belvedere vodka.
LVMH's robust performance sets high expectations for the luxury goods industry. "It's somewhat of a paradox to say that 2011 was a year of global prosperity, but we are lucky to export most of our products," Arnault said. The company’s latest figures show that the European debt crisis hasn't triggered a slowdown in the US. In the fourth quarter, sales in Europe rose 3%, but the strongest growth came from the US and Asia, excluding Japan.
Arnault doesn't see an end to LVMH's good fortune. "Barring a major accident and despite the difficulties in Europe, the world economy is growing and the world wants more and more of our products," he said. The company’s fashion division, which includes brands such as Louis Vuitton, Bulgari and Dior, also showed strong growth.
Wednesday, 23 November 2011
Cheval des Andes at Villa d'Este
Monday, 14 November 2011
James Martin
Thursday, 17 February 2011
New in town: Chabrot Bistrot dAmis/QV Bar

Wednesday, 16 February 2011
Champagne Mumm lunch at The Ritz
Saturday, 25 September 2010
Cheval des Andes tasting at Ham Polo Club

Wednesday, 13 January 2010
Cheval Blanc and chips
As the snow continues to fall, the fine wine continues to flow at Decanter. This week we hosted a St Emilion Grand Crus Classés 2000 and 20001 tasting. When all our tasters have gone home, I get an apprentice-like call from the tasting room that goes something like: 'Lucy, the wines are ready to see you now', at which point I ping an email round the office, letting everyone know they are ready to be tasted.
Friday, 9 October 2009
Phillip Schofield: My Passion for Wine

I'm in Phillip Schofield’s cellar drinking a 1982 Canon. Our interview has ended and before having his photo taken, he decides it would be a good idea to crack open a claret to enjoy during the shoot. We were given strict instructions by the PR to be in and out of his Henley home in an hour. Two hours on and we haven’t taken a single picture.
Since Decanter last spoke to the 46-year-old presenter of daytime TV’s star turn This Morning a decade ago, he’s been busy amassing a 7,500-bottle cellar of superstars that would quicken the pulse of most wine lovers. Wooden cases are stacked floor to ceiling like Jenga blocks, and at every turn is a big name – Pétrus, Cheval Blanc, Ausone, Angelus, Le Pin, Lafite, DRC, Yquem – it’s hard to think of a top wine that isn’t represented. ‘It’s the only thing I’ve got into that I’m still passionate about,’ Schofield admits. ‘Over the past 10 years it’s become even more of an obsession.’ He couldn’t be more serious about wine; every bottle is logged and he faithfully keeps tasting notes for every wine he drinks. It’s a far cry from the days of presenting children’s TV with furry sidekick Gordon the Gopher.
The country house Schofield shares with his wife, Steff, and two teenage daughters has two cellars: one under the house for ‘everyday drinking’, reached via a staircase that appears out of nowhere from under the floorboards; and a ‘long-haul’ cellar under his garage. He’s going to need a third at this rate. Standing in his impressive garage cellar, it strikes me how at odds his wine obsession is with his fluffy public persona. When it comes to wine, this man means business.
Schofield’s taste leans heavily towards the Old World – ‘there’s nothing finer than a classic Bordeaux or a beautifully elegant Burgundy’ – but he does play a little in the New World. ‘I have a four-bottle allocation of Araujo in California, which I take every year. It took three years to get three bottles. The next year someone died so I got an extra bottle – it’s dead man’s shoes.’
The self-styled ‘silver fox’ has established himself among wine’s movers and shakers, and enjoys invites to the en primeur tastings in Bordeaux and decadent dinners at the likes of Latour. Having previously concurred to save face, Schofield is now confident about stating his opinion at tastings after witnessing mistakes from the top of the wine tree. ‘I took a bottle of the 1962 to Latour, and Frédéric Engerer, the MD, didn’t know what it was. That was great!’
Even though he doesn’t buy to invest – ‘I’ve never bought a bottle I intended to sell’ – Schofield keeps an eye out for bargains. ‘The city boys are all going bust so their wine is flooding the market. They drove us into this mess so we deserve the pickings of their wine.’ And in today’s delicate financial climate, he sees his cellar as his safety net. ‘If my world falls apart, my wine collection will be my pension.’
His wine heartland is Bordeaux, but he dabbles in Burgundy through Rousseau and DRC, favouring Gevrey-Chambertin, and the Rhône – Guigal’s single-vineyard Côte-Rôties are among his favourites. Despite having more than he could possibly drink, Schofield saves his top bottles for special occasions. He’s not the type to kick back and enjoy a Latour 1982 with a movie mid-week. ‘You’ve got to open your best bottles in the right frame of mind. Wine is so emotional. A friend of mine died and I thought, sod it, I’m going to open something amazing. I did and it was dreadful. A Mouton 1982. I may as well have had a coffee.’
Does having to wake up so early for work deter him from midweek drinking? ‘Steff isn’t a red wine drinker, so if I open a bottle during the week it’s going to be me drinking it. I can’t remember the last time I re-corked a bottle and drank it the next day.’ He’s healthily blasé about the Government’s nanny-state stance on drinking. ‘I don’t care what the government says about drinking. I’m fed up of being patrolled by the fun police.’
His most memorable bottle was enjoyed last year with Jancis Robinson MW, whom he cheekily calls ‘her majesty’. Schofield had organised a Cheval Blanc vertical at culinary alchemist Heston Blumenthal’s Bray pub, The Hinds Head. ‘The waiting staff staggered over from The Fat Duck with Riedel glasses’, he recalls. ‘I’d been saving this bottle of 1947 for a decade. I remember bidding for it over the phone in a lay-by in Wolverhampton. I’ve never felt more pressure than I did about opening that bottle. Thank God it performed beautifully.


