Categories
News

La Place 2025: Key fine wine releases beyond Bordeaux

  • The La Place 2025 campaign has continued its expansion with more than 130 wines offered via the historic network.
  • As the campaign unfolds against a backdrop of economic uncertainty, some estates have paused their involvement while others see it as an even more necessary tool to secure sales.
  • We analyse the value and investment potential of some of the most important La Place releases.

The La Place 2025 campaign has continued its expansion with more than 130 wines offered via the historic network.

Firstly, what is La Place? Traditionally, La Place de Bordeaux (as it is called in full) was the centuries-old distribution system through which Bordeaux châteaux released their wines to international merchants. Over the past two decades, it has transformed into a global platform, with leading estates from Tuscany, California, Chile, and beyond joining to tap into its worldwide reach. For investors, La Place matters because it provides access to many of the world’s most sought-after wines at the moment of release – making it a barometer for both pricing trends and collector demand.

As the campaign unfolds against a backdrop of economic uncertainty, some estates have paused their involvement while others see it as an even more necessary tool to secure sales. We analyse the value and investment potential of some of the most important La Place releases.

La Place in 2025: what has changed

This year’s campaign unfolds against a backdrop of economic uncertainty, with the fine wine market still in the grip of a downturn that began in late 2022. Lower release prices have become more of an expectation, with the need to adapt to softer demand more noticeable than ever. Some estates have chosen to step back, pausing their La Place involvement for now, while others have come to view the system as key to securing global recognition and distribution. 

What remains unchanged is the underlying pull of La Place: demand among producers to gain access to this international sales platform continues to grow, ensuring a steady stream of new entrants even as others bow out.

Departures and pauses

Not every name is present this year. Montes Muse, Destiny Bay, and Bibi Graetz’s ultra-limited Balocchi are no longer part of the roster. Certain wines are absent due to production constraints rather than strategy: Penfolds Bin 169 was not made in 2023, while Cloudburst skipped its 2022 Malbec. Within Bibi Graetz’s portfolio, the white Testamatta and Colore were made in such small volumes that they will not be offered via La Place.

Shifting timelines

Another notable trend is the shift in release windows. Several well-known estates have moved from September to March releases, including Hermitage La Chapelle, Napa’s Favia, Chile’s Viñedo Chadwick, and Jackson Family Wines’ Cardinale. This rescheduling might help reduce bottlenecks during the crowded September calendar.

New arrivals

Despite some exits, the list of debutants reinforces La Place’s increasingly diverse profile. New highlights include:

  • Argentina (Mendoza): Zuccardi’s El Camino de las Flores
  • Australia (Clare Valley): Jim Barry Florita
  • Australia (Tasmania): Arras Grand Vintage
  • France (Loire): Vincent Delaporte (Sancerre), Domaine Luneau Papin (Muscadet), Laurent Lebrun (Pouilly-Fumé), Sébastien Brunet (Vouvray)
  • Spain (Ribeira Sacra): Cornamús (F. Algueira)
  • USA (California): Flowers (Pinot Noir & Chardonnay)

Most in-demand La Place releases

Some La Place releases command attention year after year. These include the Super Tuscans, California’s cult labels, and Bordeaux/New World collaborations such as Seña and Almaviva. But where do their latest vintage releases sit in the current market and the overall brand performance?

Masseto

Masseto was the first Italian wine to join La Place de Bordeaux back in 2009, offering its 2006 vintage through the international distribution system. It was also the first wine with no specific Bordeaux ties to join the platform, paving the way for other fine wines from around the world.

Earlier this month saw the release of its latest 2022 vintage at £6,140 per 12×75, down 1% on last year. The wine achieved 95 points from Antonio Galloni (Vinous) – his lowest score since the 2014. Still, he described it as ‘elegant and polished’ and ‘super refined’.

When it comes to value for money, the 100-point 2021 vintage makes a better buy. The lower-priced but higher-scored 2018 and 2017 vintages also offer better value. All of these vintages sit below the average brand price of £7,812 per case. Notably, our Masseto index has risen 67% over the past decade. 

Masseto fine wine prices

Solaia

Another notable Super Tuscan follows a similar trajectory. Solaia 2022 was released at £3,300 per 12×75, flat on the 2021, which has since fallen in value. Comparing critic scores for the two weighs in favour of last year’s release, which earned 100 points from Galloni. The lower-priced 2018 Solaia also looks more attractive.

Over the past decade, our Solaia index has risen an impressive 113%. Even with the current market downturn, Solaia values have held relatively steady – up 3% in the last six months. 

Solaia fine wine prices

Opus One 

Moving past the Super Tuscans, the 2022 vintage of the USA’s most popular wine, Opus One, was released earlier this month at £2,820 per 12×75. The wine received 92+ points from Galloni, 96 points from Jane Anson and 95-97 points from Lisa Perrotti-Brown MW. Higher-rated vintages like 2018 and 2019 look better poised for investment.

The overall performance trajectory of Opus One has been positive: the brand is up 4% in the last six months, 18% in the last five years, and 95% in the last decade.

Opus One Napa Valley fine wine prices

Penfolds Grange 


Penfolds, Australia’s leading wine brand, released its 2021 vintage slightly below 2020 but above most readily-available older vintages. The new release achieved 98 points from Jane Anson and Erin Larkin (Wine Advocate). Still, buyers will find better value in 2015 and 2016 – two of the most sought-after Penfolds Grange vintages.

Penfolds Grange Australian fine wine prices

Seña

The 2023 vintage of Seña, which received 95 points from Joaquin Hidalgo (Vinous) and Jane Anson, was released at £720 per 12×75, down 36% on last year. Still, the 95-point 2018 and 96-point 2019 remain available at lower prices. 

In the last six months, our Seña index has risen 2%; over the past decade, it is up 70%.

Mondavi and Chadwick Sena fine wine prices

Almaviva

Almaviva, the most popular Chilean wine brand, also offered its 2023 vintage via La Place this September, at £924 per 12×75 case. The new vintage was awarded 96 points from Joaquin Hidalgo, placing it on par with the 2021 and 2019 vintages. The 2023 Almaviva has been one of the better value La Place releases, although from its back vintages, 2020 and 2019 look equally or even more attractive.

Almaviva fine wine prices

In terms of overall brand performance, our Almaviva index is up 141% in the last decade. The brand’s average price per case now stands at £1,565.

Almaviva fine wine index

The 2025 La Place campaign inevitably reflects the global economic climate as well as the challenges and the resilience of today’s fine wine market. A cautious economic backdrop and softer demand have prompted some estates to step aside and others to lower prices, yet La Place continues to expand in scope and influence.

The arrival of new producers from Argentina, Australia, the Loire, and California highlights its ongoing globalisation, while established icons like Masseto, Solaia, Opus One, and Almaviva still command worldwide attention. The key for buyers remains having a selective and comparative approach. While new releases carry prestige and immediate buzz, back vintages often provide stronger value and proven performance. 

Want to learn more? See also: Is buying early always the best investment?

WineCap’s independent market analysis showcases the value of portfolio diversification and the stability offered by investing in wine. Speak to one of our wine investment experts and start building your portfolio. Schedule your free consultation today.

 

Categories
News

Beyond Bordeaux releases: why back vintages offer better value

  • This autumn sees the annual beyond Bordeaux campaign via La Place. 
  • Most of the wines have been released at the same price level as last year. 
  • This is not enough to stimulate buyers given the current dip in market prices across all regions. 

This month’s La Place de Bordeaux campaign has seen a mix of notable releases beyond the traditional Bordeaux wines, featuring the latest vintages from esteemed producers like Opus One, Masseto, Solaia, Penfolds, and Viñedo Chadwick. However, as market prices dip across multiple regions, many of these releases have seen limited appeal. The enhanced availability of older vintages at more competitive prices makes back vintages a more attractive investment option.

Super Tuscan releases

The Super Tuscan Masseto 2021 kicked off this autumn’s La Place campaign at the same price as last year’s vintage. It marks one of the last vintages overseen by Alex Heinz, who transitioned to CEO of Château Lascombes in Bordeaux in 2022. 

The wine received a perfect 100-point score from Antonio Galloni (Vinous) who said it was ‘the most exquisite, refined young Masseto’ he had ever tasted. Monica Larner (Wine Advocate), while giving it 95 points, described it as a ‘very rich and elaborate expression’.

However, better value can be found in back vintages such as 2017, 2018, and 2019, where critic scores are more aligned across publications.

Masseto wine prices chart

In contrast, Solaia 2021 from Marchesi Antinori came in at a 15.7% premium over the 2020 vintage, with a recommended price of £3,240 per 12×75. 

Despite strong reviews – 97 points from Larner and a perfect 100 from Galloni – this price positions the 2021 Solaia above several recent vintages. 

Buyers seeking better value might prefer the 2018, 2019, or even the 100-point Solaia 2015, which comes with the added advantage of age.

Solaia wine prices chart

Chile’s iconic wines

Two of Chile’s most iconic wines were also released earlier this month, Seña 2022 and Viñedo Chadwick 2022.

Although Seña 2022 was offered at the same price as last year, it is still the most expensive vintage currently in the market due to a drop in value of the previous vintages. The 2019 and 2018 vintages, for instance, both have higher scores from Wine Advocate and cost less.

Mondavi & Chadwick, Seña wine prices chart

Similarly, Viñedo Chadwick 2022 was released at last year’s price but remains the second most expensive vintage, following the 2015 Joaquín Hidalgo (Vinous) awarded it 98 points, praising its ‘finessed Bordeaux-oriented style with the plush tannins of Maipo’.

From an investment perspective, the 2021 offers a more affordable, higher-scored alternative, while the 2018 and 2019 vintages are also solid options.

Errazuriz Vinedo Chadwick wine prices chart

Other notable releases

Château de Beaucastel Hommage à Jacques Perrin 2022 is another wine released at the same price as last year, which has since fallen in value. This makes it the second most expensive after the 2016. 

It received a range of 96-98 points from Nicolas Greinacher (Vinous), who said it was ‘on track to rank alongside the spectacular 2020’. Still, the 2018, 2017 and 2015 present better value alternatives. 

Beaucastel, Chateauneuf du Pape Hommage J Perrin wine prices chart

With a small increase of 1.3% on last year, Penfolds Grange 2020 was released at £4,740 per 12×75. 

Erin Larkin (Wine Advocate) described it as ‘lighter than the preceding 2019’ and gave it 95 points. It received the same score from Angus Hughson (Vinous) who suggested that it would benefit from a ‘couple more years in the cellar [that] will bring all the pieces together before a two-decade drinking window’.

When it comes to back vintages, the 2012, 2014 and 2015 all look more attractive. The 100-point 2013 vintage is also cheaper and has entered its early drinking window.

Penfolds Grange wine prices chart

Back vintages remain an untapped opportunity

As the latest La Place de Bordeaux campaign reveals, many new releases are being offered at prices that do not necessarily align with current market conditions.

In contrast, back vintages – often with comparable or superior critic scores – can provide better value and greater investment potential. With the market dip creating opportunities for buyers, it is a good time to focus on older, well-regarded vintages that offer both affordability and maturity.

Get in touch to discuss your allocations or to start building your fine wine collection. Schedule a consultation.

Categories
News

What to expect from the 2024 La Place de Bordeaux campaign?

  • La Place de Bordeaux’s autumn campaign continues to expand, with new entries from Germany, France and the rest of the world.
  • The network offers producers logistics expertise and knowledge of the world’s fine wine markets.
  • Some of the top brands that enjoy sustained demand every year include Californian cult wines Opus One and Promontory, and the Super Tuscans Solaia and Masseto.

Following a mixed 2023 Bordeaux En Primeur campaign, which saw many châteaux lowering their prices compared to last year, this autumn will see the annual hors Bordeaux La Place campaign.

As the market for Bordeaux narrows, the system, originally designed purely to sell the wines from the region, continues to expand. However, it’s essential to recognise the challenges that lie ahead.

Current market sentiment

The fine wine market is currently navigating through a period of uncertainty. Economic downturns in key markets like China, where Bordeaux sales have plummeted by two-thirds since their peak in 2017, and the looming threat of a recession in the US, have created a cautious environment. This has significantly impacted confidence in the market, with many stakeholders bracing for a potentially attritional campaign this autumn.

Continued expansion of La Place de Bordeaux

For new producers, the benefits of joining the La Place distribution network are manifold. As Areni put it in a recent article, ‘La Place offers fine wine producers something remarkable: a depth and breadth of fine wine expertise, coupled with a fine-grained knowledge of the world’s fine wine markets and plenty of logistics expertise. La Place also offers prestige, making it highly attractive to many of the world’s fine wine producers’.

According to Mathieu Chadronnier, president of Bordeaux négociant CVBG, ‘We will see more wines from beyond Bordeaux come to La Place. That trend is not going anywhere because the fundamental rationale that fine wine is one single category that embraces regions and countries of origin remains.’

This shift is particularly significant in light of the current market conditions. As Bordeaux faces challenges, the inclusion of international wines has become more crucial, providing a broader range of offerings and catering to an increasingly global market.

New entries on La Place

Ernst Loosen, the renowned Mosel-based producer, is entering La Place for the first time this year with a limited-production wine, Weingut Dr. Loosen, Zach. Bergweiler-Prüm Erben.

Meanwhile, Rheingau Riesling producer Schloss Johannisberg is advancing its strategy to expand the global reach of its premium Rieslings. This autumn, they will introduce Schloss Johannisberg Riesling Goldlack and Schloss Johannisberg Riesling Orangelack Kabinett to a broader international audience using the network’s global reach.

Additionally, Maison Georges Vigouroux will release the first Malbec from Cahors – Château de Haute-Serre Grand Malbec 2022 – through La Place de Bordeaux. This marks the first global ‘icon’ wine from the appellation since phylloxera nearly eradicated the grape variety in France almost 200 years ago.

Top brands to watch

The coming weeks will see the release of the latest vintage from some of the hottest brands, including the Super Tuscans Solaia, Masseto and Bibi Graetz, Californian cult wine Opus One joined by estates such as Inglenook, Joseph Phelps and Promontory, the Chilean Almaviva, Viñedo Chadwick and Viña Seña.

From Australia, Wynns will release the 2021 John Riddoch, Cloudburst its Cabernet Sauvignon, Chardonnay and Malbec 2021, Jim Barry ‘The Armagh’ Shiraz 2021, and Penfolds Bin 169 2022.

France will also see the release of the 2022 vintage of Le Petit Cheval Blanc, Y de Yquem and Château de Beaucastel Hommage à Jacques Perrin, Philipponnat Clos des Goisses 2015, and Latour 2009.

The table below shows the performance and price points of some of the top brands released via La Place de Bordeaux every autumn.

La Place brands

Long-term prospects

Although prices for all these brands have fallen in the last year – creating the so called ‘buyer’s market’ – they remain great long term investments. Moreover, the new releases enjoy sustained demand year after year.

The current downturn in the market presents an opportunity for change. This period of uncertainty has led to more informed decision-making, a focus on quality, and a more selective approach to the new releases.

The 2024 La Place de Bordeaux campaign is set to be a dynamic and expansive event, showcasing a diverse array of global wines alongside the region’s traditional offerings. Despite the current challenges, the long-term prospects for La Place are promising, with the potential for significant growth and continued evolution in the years to come.

WineCap’s independent market analysis showcases the value of portfolio diversification and the stability offered by investing in wine. Speak to one of our wine investment experts and start building your portfolio. Schedule your free consultation today.

Categories
News

New World releases from the autumn La Place de Bordeaux campaign

  • The La Place de Bordeaux campaign is in full swing, with releases from Chile, Italy, USA, France and more.
  • A recurring theme in the campaign has been the price increases for the new releases, compared to their previous vintages.
  • While La Place remains an exciting global marketplace for New and Old World wines, the ultimate value of the releases should be judged in a broader context.

The La Place de Bordeaux autumn campaign has gathered momentum over the past two weeks, with releases from Chile, Italy, USA, France and more.

The campaign kicked off with Paul Jaboulet Aîné’s Hermitage La Chapelle 2021, along with the re-release of some of its library vintages, namely 2013, 2011 and 2006. Napa Valley’s Opus One also re-released its 2018 and 2019 vintages, which led to heightened demand for the brand. Below we take a look at some of the recent New World releases from the campaign so far, examining their pricing and investment potential.

Seña 2021

The newly released 2021 vintage of Mondavi & Chadwick’s Seña is the highest priced wine across recent vintages from the brand.

Seña 2021 was released at €90 per bottle ex-négociant, up 5.9% on the 2020. The wine came with a recommended retail price of £1,344 per 12×75, representing a 30.6% increase on last year.

The 2021 Seña received 98+ points from The Wine Advocate’s Luis Gutiérrez, who described it as ‘one of the finest vintages’. Meanwhile, Joaquín Hidalgo (Vinous) gave it 96-points and said that ‘it will grow in the bottle’.

Other more attractively priced but similarly scored vintages include 2019 and 2018. Over the last ten years, Seña prices have increased 90% on average.

Almaviva 2021

Another release from Chile, Almaviva 2021, was offered via La Place at €122 per bottle ex-négociant, up 5.2% on the 2020. The wine was released internationally for £1,448 per 12×75. It received 96+ points from Luis Gutiérrez, and another 96-points from Joaquín Hidalgo, who praised its ‘enticing nose’ and ‘velvet texture’.

However, some back vintages such as the 2020, 2019 and 2018 offer better value. Our Almaviva index has recorded positive performance both in the short and the long term. Over five years, prices have risen 41%, and over ten – 147%.

Nicolás Catena Zapata 2020

The Argentinian wine Nicolás Catena Zapata 2020 was released at €53.30 per bottle ex-négociant, up 1.5% on the 2019. It has been offered internationally at £720 per 12×75, down 1.6% on the 2019’s opening price.

It received 95-points from Gutiérrez and 96-points from Hidalgo, who observed that this ‘meticulously crafted red achieves perfect balance in a warm vintage’. However, there are plenty of good value buying opportunities in back vintages, notably 2019, 2018 and 2016.

Nicolás Catena Zapata has enjoyed a positive performance over the last five (33%) and ten years (104%).

A recurring theme in the campaign has been the price increases for the new releases, compared to their previous vintages. Similar to the spring Bordeaux 2022 campaign, often back vintages available at a discount hold better investment potential. While La Place continues to showcase the diversity of fine wine, and remains an exciting global marketplace for New and Old World wines, the ultimate value of the releases should be judged in a broader context.

WineCap’s independent market analysis showcases the value of portfolio diversification and the stability offered by investing in wine. Speak to one of our wine investment experts and start building your portfolio. Schedule your free consultation today.