{"id":23832,"date":"2023-08-11T00:00:00","date_gmt":"2023-08-11T00:00:00","guid":{"rendered":"https:\/\/insidelaplace.rcassocies.com\/2023\/08\/11\/inside-la-place-jeff-zacharia-the-story-of-zachys-wine-international\/"},"modified":"2023-08-11T00:00:00","modified_gmt":"2023-08-11T00:00:00","slug":"inside-la-place-jeff-zacharia-the-story-of-zachys-wine-international","status":"publish","type":"post","link":"https:\/\/insidelaplace.rcassocies.com\/en\/2023\/08\/11\/inside-la-place-jeff-zacharia-the-story-of-zachys-wine-international\/","title":{"rendered":"Inside La Place &#8211; Jeff Zacharia: the Story of Zachys Wine International"},"content":{"rendered":"<h2 style=\"font-style: inherit; font-weight: inherit; text-align: center;\"><strong>Jeff Zacharia<\/strong><\/h2>\n<p style=\"font-style: inherit; font-weight: inherit; text-align: center;\"><strong>CEO Zachys Wine International\u00a0<\/strong><\/p>\n<hr \/>\n<h2 style=\"text-align: center;\"><strong>You and your company<\/strong><\/h2>\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>Could you please introduce your personal background and explain what led you to become interested in wine?<\/em><\/strong><\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>Jeff Zacharia<\/strong>: I joined the company in 1983 and I am the 3rd generation in Zachys Wine International. My grandfather started the company in 1944. My son joined last year. He is leading the 4th generation. You can say that I am the true heritage of the wine culture which is a part of the DNA of our family. <\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><em><strong><span style=\"font-weight: inherit; font-style: inherit;\">Gerda: T<\/span>ell us also about your company?\u00a0<span style=\"font-weight: inherit; font-style: inherit;\">F<\/span>or our audience to understand your answers to the following questions, could you please specify to which type of clients you sell?<\/strong><\/em><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia:<\/strong>\u00a0 Zachys is one of the largest and most trusted fine wine merchants in the USA, and the world\u2019s leading wine auction house with offices in New York, Hong Kong, and London. We offer a storage service in New York to our private clients and sell an extensive collection of quality, hand-selected wines at every price point through our website and brick-and-mortar stores. \u00a0<\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\">We sell to individuals who are wine lovers and collectors, ranging from those who are discovering wine to those who are connoisseurs Through our retail activity, we sell mainly to\u00a0consumers in the USA and through our auction houses we sell also in Asia and Europe. The turnover between both activities, retail and auction, is equal.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<h2 style=\"text-align: center;\"><strong>Your market development\u00a0<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>Gerda: <\/strong><\/span><em><strong>What are the main challenges you face in your market: Logistics, competition, regulations, consumption, and others? <\/strong><\/em><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia:<\/strong> The main challenge is that the waterline of expectations around service and delivery continues to rise, and we need to ensure that we are ahead of this. Zachys was built on exceptional customer service and we are on a continuous quest to deliver this.<\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>Gerda: <\/strong><\/span><em><strong>How has the demand for Bordeaux grands crus evolved in recent years in your market and what is its share in your activity?<\/strong><\/em><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia:<\/strong> The Bordeaux Grands Crus business has been strong and more significant in the past while Bordeaux made up 60% of our business in the 1990s, due to the rapid growth of Burgundy and California, it now represents about 35% of our business. With that said, it is among our strongest categories and the biggest for growth at the moment. What is also important is to work to bring in the new generation of consumers.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\" wp-image-9653 aligncenter\" src=\"https:\/\/insidelaplace.rcassocies.com\/wp-content\/uploads\/2025\/05\/zachys-wines.png\" alt='' width=\"425\" height=\"531\" \/><\/p>\n<hr \/>\n<h2 style=\"text-align: center;\"><strong>Your customers<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>Gerda: <\/strong><\/span><strong><em>What are the main buying criteria of your customers when they buy fine wines?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia: <\/strong><\/span><span style=\"font-style: inherit; font-weight: inherit;\">This really depends on where their interests lie and what stage of the wine journey they&#8217;re at. Unique experiences, rare access, critical acclaim, and guidance from a trusted source all factor into their decisions. Our Private Client Services team organizes 3-4 intimate events per month that bring together fine wine lovers with similar interests in wine. Those wine experiences can be one of the opportunities for Bordeaux to regain interest from consumers. Our team of experts is also available via phone and email to provide guidance and recommendations.\u00a0<\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>G:<\/strong> <\/span><strong><em>Which influencers or journalists matter most to your customers?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia:<\/strong><\/span> It&#8217;s amazing how this has changed over the years from a few influential journalists to many. The Wine Advocate will always have a place in the heart of our customers, but James Suckling, Antonio Galloni, Neal Martin, and Jane Anson are now very important in our market.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>G:<\/strong> <\/span><strong><em>Is the scoring system still essential when customers buy wine?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia:<\/strong> It is one of the tools we still use. The scoring system today is less important than during the period when there were just two leading journalists\/magazines: Robert Parker and the Wine Spectator. I am happy about the fact that scores are less important because we play a more important role in the final decision of our customers. <\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>G:<\/strong> <\/span><strong><em>Can technology help producers get closer to consumers and is this a need?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia:<\/strong> I think, yes this is important. Ch\u00e2teaux should try to understand where their consumers are researching and where they are buying and make sure they have a presence there. They have interesting stories waiting to be told and social media is just one of the many places they should communicate more through.\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\" wp-image-9656 aligncenter\" src=\"https:\/\/insidelaplace.rcassocies.com\/wp-content\/uploads\/2025\/05\/zachys-2.png\" alt='' width=\"445\" height=\"451\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<h2 style=\"text-align: center;\"><strong>Bordeaux and you<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>Gerda:<\/strong> <\/span><strong><em>When we say &#8220;Bordeaux&#8221;, what do your customers think of?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia:<\/strong> Some consumers especially the newcomers, think this is the wine their father drank. To some extent Bordeaux has still an old-fashion image. I know it isn\u2019t true, but it might be still the case for some newer collectors. But some people are relooking to Bordeaux where quality\/price ratio is coming back. <\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>G:<\/strong> <\/span><strong><em>Our properties work extensively on the consequences of climate change and the transition to more respectful agriculture. What are the real expectations of your customers in this regard?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia:<\/strong><\/span> I think for collectors it isn\u2019t a big issue in their choice if a wine is organic or biodynamic. But they are happy and certainly support those winery\u2019s that are working for the health of the vineyards in their country and that they contribute to a better world. So yes, they are sensitive to it but the quality of the brand they want to follow is more important.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>G:<\/strong> <\/span><em><strong>For you, without taboo, what are the strengths and weaknesses of Bordeaux today?<\/strong><\/em><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia: <\/strong><\/span><span style=\"font-style: inherit; font-weight: inherit;\">The strength of Bordeaux is that it is the biggest wine region in the world producing wines of exceptional quality.<\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\">As I mentioned earlier, Bordeaux, with some collectors, has an old-fashioned image and it hasn\u2019t enough evolved as much as it could have with time. Bordeaux has to do more about image building which will help to connect with the new generation of consumers. This generation is connected by TikTok, Instagram.etc.. That is the way they learn about the world and not anymore by searching on Google. Ch\u00e2teaux must understand this and being a part of that world.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>G:<\/strong> <\/span><strong><em>Bordeaux has its classifications, are they still essential buying criteria?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia: <\/strong>Yes the classification system is important but equally important, brands, ratings, and recommendations.<\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>G:<\/strong> <\/span><em><strong>Some great wines from Saint-Emilion did not represent themselves in the last classification, is this a problem for your customers?<\/strong><\/em><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia: <\/strong><\/span>No, those brands are very strong so there will be no impact at all.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>G:<\/strong> <\/span><em><strong>In the last ten years, some brands have progressed faster than others. Do you think that there are still possible evolutions in the hierarchy of Bordeaux?<\/strong><\/em><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia: <\/strong>For sure! I think that brands will continue to progress and the main challenges for Bordeaux are coming also from outside. So, it is very important for Bordeaux to continue to make great wines.<\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>G:<\/strong> <em><strong>Why is a label essential in your portfolio?<\/strong><\/em><\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia: <\/strong>There are many reasons why a brand is successful in our portfolio. To mention a few, I think of the consistency of the quality of the brand, and the effort the brand makes to communicate to the clients. When a brand makes the right effort it is much easier for us to get excited about a brand. \u00a0<\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>G:<\/strong> <\/span><strong><em>Is it interesting for the Place de Bordeaux to offer you more wines outside of Bordeaux?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia: <\/strong>For sure, I think that La Place works efficiently, and I can buy what I want.<\/span><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>G:<\/strong> <\/span><em><strong>What should Bordeaux, ch\u00e2teaux, or n\u00e9gociants do that could contribute to improving and developing your market and your business?<\/strong><\/em><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia: <\/strong><\/span>Bordeaux should do more about image building.<\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-weight: inherit; font-style: inherit;\"><strong>G:<\/strong> <\/span><strong><em>Finally, if you had to describe 2022 in one sentence, what would you choose?<\/em><\/strong><\/p>\n<p style=\"font-style: inherit; font-weight: inherit;\"><span style=\"font-style: inherit; font-weight: inherit;\"><strong>Jeff Zacharia: <\/strong>Each year I visit Bordeaux for 10 days to discover the new vintage. I was really impressed with some of the wines based on the difficulty of the vintage. The best wines are concentrated, balanced, and have tension. Those wines are truly exceptional.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: left;\"><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 possesses a 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\u00a0order to bring you, through &#8220;<strong>Inside La PLACE<\/strong>&#8221;\u00a0<\/span><\/em><em>more information about the estate we sell.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inside La Place, discover Jeff Zacharia\u2019s insights on Bordeaux wines, market trends, and the evolving landscape of fine wine distribution. Learn how Zachys Wine International leads with exceptional service, innovation, and a passion for connecting connoisseurs worldwide.<\/p>\n","protected":false},"author":3,"featured_media":16243,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[497],"tags":[],"appellation":[],"profession":[942],"propriete":[1082],"personnalite":[1394],"class_list":["post-23832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personality-profile","profession-wine-professional","propriete-roland-coiffe-associes-en","personnalite-jeff-zacharia-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Inside La Place - Jeff Zacharia on Bordeaux &amp; Wine Trends<\/title>\n<meta name=\"description\" content=\"Explore the world of fine wines with Jeff Zacharia in &quot;Inside La Place.&quot; 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