December was a tough month for the fine wine trade. Signs were starting to point in the right direction and most economists and financial analysts became more optimistic on the Euro surviving.
In this latest piece we look at the emergence of new actors in fine wine markets, by way of wine funds and the increased prominence of fine wine auctions.
In a series of questions and answers Ella Lister, the Auctions and Secondary Market Correspondent for the World of Fine Wine Magazine (WFW) provides critical insight.
There’s always loads of noise and comments on blogs, websites and Twitter when Fine Wine prices are going up, often amounting to plugging one’s own business. As of the last month or 2 though, I have not seen many comments on the current state of affairs in the fine wine market, whilst there’s more need for that than ever. So we thought to have a stab at explaining the market and provide readers with some transparant, meaningful information.
Now that what seems to have been a very long summer break is over, it’s time to catch up.
Bordeaux, not unlike other Old World wine regions, is often perceived as a conservative place. However, what remains the world’s foremost wine region is in fact in constant change. The 2010 campaign confirmed the re-structuring of production in Bordeaux among the First Growths and their peers.
Decanter magazine has published an article examining the decision by Aussino Cellars, a leading retailer in mainland China that maintains 200 wine stores in 100 cities, to abruptly cancel its annual meeting with the Union de Grands Crus while stating that it intends to stop buying Left Bank and instead will inv
Eyebrows rose yet again at further new records set for fine wine prices of Bordeaux first growths led by the Hong Kong offices of the major fine wine auction houses.