{"id":23805,"date":"2022-12-19T00:00:00","date_gmt":"2022-12-19T00:00:00","guid":{"rendered":"https:\/\/insidelaplace.rcassocies.com\/2022\/12\/19\/inside-la-place-the-wine-entrepreneur\/"},"modified":"2022-12-19T00:00:00","modified_gmt":"2022-12-19T00:00:00","slug":"inside-la-place-the-wine-entrepreneur","status":"publish","type":"post","link":"https:\/\/insidelaplace.rcassocies.com\/en\/2022\/12\/19\/inside-la-place-the-wine-entrepreneur\/","title":{"rendered":"Inside La Place &#8211; The wine entrepreneur"},"content":{"rendered":"<h2 style=\"font-style: inherit; font-weight: inherit; text-align: center;\"><strong>Jean-Guillaume Prats\u00a0<\/strong><\/h2>\n<p style=\"font-style: inherit; font-weight: inherit; text-align: center;\">Pr\u00e9sident of Ch\u00e2teau d&#8217;Estoublon<\/p>\n<p style=\"font-style: inherit; font-weight: inherit; text-align: center;\">Vice-chairmana of Ch\u00e2teau L\u00e9oville Las Cases<\/p>\n<p style=\"font-style: inherit; font-weight: inherit; text-align: center;\">Met by Gerda<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>Gerda: <\/strong><strong><em>Can you introduce your background?<\/em><\/strong><\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>Jean-Guillaume Prats<\/strong>:\u00a0<\/span>I was born in the M\u00e9doc, baptized and married in Saint-Est\u00e8phe, I was President and CEO of Cos d&#8217;Estournel for 14 years. It was a great adventure during which we created Cos Blanc from scratch and brought innovation to the estate, notably with the new vat room creation, which has since been a source of inspiration for many. I left Bordeaux and for more than 5 years I was president of LVMH wines worldwide: 17 estates. An extraordinary adventure during which I revived\u00a0<strong>Cheval des Andes<\/strong> in Argentina and created\u00a0<strong>Ao Yun<\/strong> in China, and among others Chandon in India and China and Te Wahi in Central Otago. Then, I had the great privilege of being President\/CEO of <strong>Domaines Baron de Rothschild (Lafite)<\/strong>.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\">I have always wanted to be an entrepreneur and I have always wanted to develop projects around wine. I joined forces with my friend St\u00e9phane Courbit, our former President Nicolas Sarkozy and his wife Carla Bruni to buy <a style=\"font-style: inherit; font-weight: inherit;\" href=\"https:\/\/chateau-estoublon.com\/\" data-link-type=\"_blank\" data-link-id=\"LzsNzqu7TXSocIfF9fP1vA\" data-link-converted=\"undefined\">Ch\u00e2teau d\u2019Estoublon<\/a>\u00a0in Provence.\u00a0The property has 200 hectares, of which 20 are planted with vines and 120 with olive trees. We produce red, ros\u00e9 and white wines in the Baux-de-Provence appellation. We have also created a Proven\u00e7al ros\u00e9 wine called <strong>Roseblood<\/strong>\u00a0and we produce high-quality olive oil (the only olive oil member of the\u00a0<a style=\"font-style: inherit; font-weight: inherit;\" href=\"https:\/\/www.comitecolbert.com\/\" data-link-type=\"_blank\" data-link-id=\"_BRZ4D82R06pu1zrn4rA5Q\" data-link-converted=\"undefined\">Comit\u00e9 Colbert<\/a>). On the property, there is an 18th-century mansion with ten luxury suites.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\">Nevertheless, I remain in Bordeaux alongside Jean-Hubert Delon, owner of the Domaines Delon: <strong>Ch\u00e2teaux L\u00e9oville Las Cases<\/strong>, <strong>Potensac<\/strong> and <strong>N\u00e9nin<\/strong>. Jean-Hubert has asked me to assist him in preparing the future of his estates.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-8444 aligncenter\" src=\"https:\/\/insidelaplace.rcassocies.com\/wp-content\/uploads\/2025\/05\/estoublon.png\" alt='' width=\"266\" height=\"314\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">(photo credit @morganpalun)<\/p>\n<hr \/>\n<h3 style=\"text-align: center;\"><strong><span style=\"font-style: inherit;\">Terroirs, Vines &amp; Cellar<\/span><\/strong><\/h3>\n<p>&nbsp;<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><strong><em><span style=\"font-weight: inherit; font-style: inherit;\">Gerda<\/span>: In Bordeaux, 2021 was a relatively balanced vintage with humidity. The year 2022 was extremely hot and dry and will undoubtedly have left its mark on Bordeaux winemakers. What are the main technical challenges facing Bordeaux in the coming years?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>Jean-Guillaume Prats<\/strong><\/span>: It is very simple. We have two different challenges: on the one hand, the need to adapt plant material and viticultural techniques, and on the other, the problem of water management. I am not worried at all because Bordeaux and its vineyards have always been able to adapt. In Bordeaux, we have some of the greatest scientists and academics\/researchers in the wine world. Our vineyards are also an exceptional breeding ground for a wide variety of talents from everywhere in the world.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><strong><em><span style=\"font-weight: inherit; font-style: inherit;\">G<\/span>: In Europe in particular, climate change is at the heart of the conversation. How do you think the most prestigious wine estates should take these new concerns into account?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>Jean-Guillaume Prats<\/strong><\/span>: The subject is not climate change for me. It is about how to be part of the profound changes that are affecting the world. There are now 8 billion people on earth. The most prestigious estates are just tiny parts of it. The following question is more important in my opinion: how agriculture will succeed in adapting? How will it include climate, geopolitics, and macroeconomic changes in its organization? The subject is not only climate, it goes beyond that.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><strong><em><span style=\"font-weight: inherit; font-style: inherit;\">G<\/span>: For the fine wines, is organic farming mandatory? Or does everyone do as they please?\u00a0<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>Jean-Guillaume Prats<\/strong><\/span>: I don&#8217;t know what &#8220;organic&#8221; means. It is necessary to respect the soil and the generations to come. On that, we all agree.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><strong><em><span style=\"font-weight: inherit; font-style: inherit;\">G<\/span>: In 1982, 1990, or even more recently 2009, 2010, the chateaux were making big yields and exceptional wines. Lately, the predominant feeling is that this is no longer possible. To produce exceptional wines, are the properties doomed to produce small crops?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>Jean-Guillaume Prats<\/strong><\/span>: Viticulture must protect its environment and by producing higher yields, the risk of developing diseases is higher. Two other parameters encourage a drastic selection:<\/p>\n<ul style=\"font-style: inherit; font-weight: inherit;\">\n<li>We are in a worldwide contest of Fine Wines, and Bordeaux must be very selective about what is put in the bottle, the competition is very intense,<\/li>\n<li>When prices are high, the risk of being challenged for quality is simply not an option.<\/li>\n<\/ul>\n<p style=\"font-style: inherit; font-weight: inherit;\">So there are a few alternative options.<\/p>\n<p><img decoding=\"async\" class=\" wp-image-8453 aligncenter\" src=\"https:\/\/insidelaplace.rcassocies.com\/wp-content\/uploads\/2025\/05\/LEOVILLE-LAS-CASES-9-scaled.jpg\" alt='' width=\"669\" height=\"446\" \/><\/p>\n<p style=\"font-style: inherit; font-weight: inherit; text-align: center;\">Ch\u00e2teau L\u00e9oville Las Cases<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3 style=\"text-align: center;\" data-wp-editing=\"1\"><strong><span style=\"font-style: inherit;\">Wine estates &amp; Brands <\/span><\/strong><\/h3>\n<p>&nbsp;<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><strong><span style=\"font-style: inherit;\">Gerd<\/span><\/strong><span style=\"font-style: inherit; font-weight: inherit;\"><strong><span style=\"font-style: inherit;\">a<\/span><\/strong><\/span><span style=\"font-style: inherit; font-weight: inherit;\"><strong><span style=\"font-style: inherit;\">: <em>You are specialized in high-end wines, but is there still a future in Bordeaux for &#8220;petits ch\u00e2teaux&#8221; and entry-level Bordeaux?<\/em><\/span><\/strong><\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jean-Guillaume Prats<\/strong>: The subject is societal and political. I would like to compare it with the evolution of the textile industry in the North of France and the current situation of the wine industry in Bordeaux. We produce 5 million hectoliters per year and we sell 3.5 million hectoliters. It is therefore necessary to go towards a social and economic reconversion, because we will not be able to create demand for this surplus production. Unfortunately, for the general viticulture of Bordeaux, our politicians have not yet found the right solution. These reconversion steps are complicated and tedious. I am not an elected official and I do not want to criticize those who are doing their best in a terrible context.<\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><strong><em><span style=\"font-style: inherit;\">G<\/span>: You have traveled the world and its vineyards during your career, does Bordeaux still have many assets?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jean-Guillaume Prats<\/strong><\/span>:\u00a0Yes, Bordeaux still has many remarkable assets such as:<\/p>\n<ul style=\"font-style: inherit; font-weight: inherit;\">\n<li>Its terroir, its magic, its ch\u00e2teaux, its simplicity,<\/li>\n<li>Its ecosystem with <em>La Place de Bordeaux<\/em>, which is extraordinary\u00a0to talk about the brands and their wines around the world,<\/li>\n<li>Its skills centers for research and training are at a very high level and recognized worldwide.<\/li>\n<\/ul>\n<p style=\"font-style: inherit; font-weight: inherit;\">I will add one last important point: the prosperity of Bordeaux Fine Wines through time. We can quantify this through investments made at different times (old and recent) in the cellars, it is unique in the world.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\">My career has taken me all over the world, including Australia, New Zealand, Argentina, California, Italy, China and recently Provence. I can tell you that there is no other place in the world where all these elements are brought together. It&#8217;s amazing.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><strong><em><span style=\"font-style: inherit;\">G<\/span>: What do you think of today&#8217;s wine rating systems?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jean-Guillaume Prats<\/strong><\/span>: I wonder if this system for the greatest wines in the world still speaks to consumers and therefore if it is desirable. Maybe collectively (media and producers) needs to find new ways of talking and transmitting dreams and desirability? Personally, I have no dogmatic approach on that question.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><strong style=\"font-style: inherit;\"><em><strong><span style=\"font-style: inherit;\">G<\/span><\/strong>: Do you think that the hierarchy of &#8220;quality, desirability and price&#8221; between Grands Crus in Bordeaux is still open to change today?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jean-Guillaume Prats<\/strong><\/span>: No one is able to say what price an amateur is ready to put in a bottle that will be consumed and therefore destroyed. When we see the prices of watches or luxury cars today, no one would have predicted such an increase 10 years ago. This is perhaps an indication of our wines. There is one certainty: the product must be exceptional; mediocrity cannot exist at such price levels.<\/p>\n<hr \/>\n<h3 style=\"font-style: inherit; font-weight: inherit; text-align: center;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong><span style=\"font-style: inherit;\">The distribution today and tomorrow<\/span><\/strong><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><strong><span style=\"font-style: inherit;\">Gerd<span style=\"font-style: inherit; font-weight: inherit;\">a<\/span>: <em>In the past, ch\u00e2teaux used to sell almost all their production en-primeur. Is this trend over?<\/em><\/span><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jean-Guillaume Prats<\/strong>: It seems to me yes, because consumers want access to wines that are quickly ready to drink, without having to store them for 10 years. When an estate keeps wines, it is able to offer later, bottles that are perfectly ready to drink, at their &#8220;pl\u00e9nitude&#8221;. For the estates, it is also not a problem to store the wines in their cellar, since it finances them on the basis of their cost of production<\/span>.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><em><strong><span style=\"font-style: inherit;\">G<\/span>: How do you see the price inflation of the greatest wines in recent years?<\/strong><\/em><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jean-Guillaume Prats<\/strong><\/span>: This will continue and concern all the fine wines on the planet, from California, through Tuscany, like here in Bordeaux. It&#8217;s like an apartment on Central Park in New York. These are exceptional places that are priceless.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><strong><em><span style=\"font-style: inherit;\">G<\/span>: <\/em><\/strong><em><strong>In Bordeaux, we have a very particular system of &#8220;La Place&#8221;. Is this open distribution system an advantage for the importers and distributors who are dealing with the negoce?<\/strong><\/em><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jean-Guillaume Prats<\/strong><\/span>: This is an exceptional advantage, as it allows importers and distributors to acquire great bottles, and have access to a perfect logistic and consolidation service at a lower cost. In addition, this system allows buying only what the importer or distributor needs.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><em><strong><span style=\"font-style: inherit;\">G<\/span>:\u00a0In recent years, we have seen an interest from the market in selling wines from outside Bordeaux via La Place. How do you explain this trend?<\/strong><\/em><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jean-Guillaume Prats<\/strong><\/span>: In two ways: first, wine lovers are becoming more and more eclectic. On Monday, they drink Bordeaux, on Tuesday, a Spanish wine, etc. It&#8217;s the new way of consuming. Secondly, La Place de Bordeaux is a great and efficient platform. It is of great added value for distribution, brands and therefore the consumer. Negociants generate new margins that they can invest in their company, the quality of their teams, all of this in return for the benefit of the Crus Bordelais.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3 style=\"text-align: center;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong><span style=\"font-style: inherit;\">Conclusion<\/span><\/strong><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><strong><em><span style=\"font-style: inherit;\">G<\/span>: In your opinion, what characterizes an exceptional bottle?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jean-Guillaume Prats<\/strong><\/span>: The ability to provide a moment of serenity and a timeless pause. When an exceptional bottle is opened, you must have the feeling that the outside world&#8217;s aggressions disappear. You are in a bubble of peacefulness. It is an extremely complex alchemy: taste, perception, history and a little bit of magic. It is the beauty of the moment.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><strong><em><span style=\"font-style: inherit; font-weight: inherit;\">Gerda<\/span>: Finally, do you have a memory of a wine that has marked your life? Could you describe your emotion?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jean-Guillaume Prats<\/strong><\/span>: <strong>Cos d&#8217;Estournel 1870<\/strong> which I have tasted on several occasions at Chateau Lafite, in London, and at Cos. In all the blind tastings I have done of this wine, I have always thought it was the 1982 vintage. It is a testimony that Bordeaux makes timeless wines.<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\" wp-image-8140 aligncenter\" src=\"https:\/\/insidelaplace.rcassocies.com\/wp-content\/uploads\/2025\/05\/Gerda-2022.png\" alt='' width=\"147\" height=\"147\" \/><\/p>\n<p><em><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Gerda BEZIADE<\/strong> has an incredible passion for wine and perfect knowledge of Bordeaux acquired within prestigious wine merchants for 25 years. Gerda joins \u00a0<strong><a style=\"font-style: inherit; font-weight: inherit;\" href=\"https:\/\/www.rcassocies.com\" data-link-type=\"_blank\" data-link-id=\"Bb9vINGrQNOpItazYHNfUg\" data-link-converted=\"undefined\">Roland Coiffe &amp; Associ\u00e9s<\/a>\u00a0<\/strong>in order to bring you through\u00a0 &#8220;<strong>Inside La PLACE<\/strong>&#8221; more information about the esates we sell.\u00a0<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inside la Place, discover the insights of wine expert Jean-Guillaume Prats on Bordeaux&#8217;s resilience, innovation, and the future of fine wines. Explore how iconic estates adapt to climate change and market trends, ensuring timeless quality and extraordinary experiences.<\/p>\n","protected":false},"author":3,"featured_media":16017,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[497],"tags":[],"appellation":[],"profession":[942],"propriete":[],"personnalite":[1430],"class_list":["post-23805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personality-profile","profession-wine-professional","personnalite-jean-guillaume-prats-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Inside La Place - Insights on Bordeaux&#039;s Wine Innovation<\/title>\n<meta name=\"description\" content=\"Discover the insights of wine entrepreneur Jean-Guillaume Prats in &quot;Inside La Place.&quot; Explore Bordeaux&#039;s resilience, innovation, and how iconic estates adapt to climate change while ensuring extraordinary wine experiences.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidelaplace.rcassocies.com\/en\/2022\/12\/19\/inside-la-place-the-wine-entrepreneur\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inside La Place - Insights on Bordeaux&#039;s Wine Innovation\" \/>\n<meta property=\"og:description\" content=\"Discover the insights of wine entrepreneur Jean-Guillaume Prats in &quot;Inside La Place.&quot; 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