7/22/2023 0 Comments Rose wine provence![]() ![]() In purchasing Château d’Esclans in 2006, my aim was to produce a rosé in the manner of a fine wine,” Lichine said at the time of the sale.Ĭapping off the recent investments in the region, last month, Château Bas in Aix en Provence was sold to Bordeaux’s Castéja family foran undisclosed sum. “I am delighted by the alliance with Moët Hennessy and the ability, through its backing, to continue to develop the estate in producing excellent Provence rosés. Making headlines around the world, last December, LVMH took a 55% stake in Sacha Lichine’s Château d’Esclans, maker of the wildly successful Whispering Angel brand, along with Garrus, which long held the crown as the world’s most expensive still rosé. LVMH has a 55% stake in Château d’Esclans Last May, luxury goods giant LVMH snapped up Château Galoupet in Côtes de Provence for an undisclosed sum.įive months later, Chanel added to its already enviable wine portfolio, which includes Canon in Saint- Émilion and Rauzan-Ségla in Margaux, with the purchase of Domaine de l’Île on the crescent-shaped island of Porquerolles in Provence, which will be overseen by the group’s head winemaker, Nicolas Audebert. ![]() Proving just how seriously Provence rosé is taken today, in the past year there have been four high profile acquisitions in the region, with a Provence pink now seen as a must-have in any wine portfolio worth its salt. Last year, the US accounted for just under half of Provence’s value sales at export and 46% of volume sales. In the US, Provence rosé’s top export market, value sales are up by 10% to US$138m, though volume sales have slid by 1.6% due to the 25% tariffs on French wine recently imposed by Donald Trump. ![]()
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