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The annual Sunday Times Rich list was published yesterday and as ever threw the spotlight on some interesting new entries. With regards to the wine trade the emergence of the Perrodo family was the biggest and highest new entry whilst lower down the scale Laithwaite’s, Majestic and Berry Brothers and Rudd all emerged as generators […]
By common consent the 2013 Bordeaux vintage has been far from their best, yet they still made reasonable wine thanks to modern winemaking technology. However the Bordelais have shot themselves in the foot because of their mishandling of their en primeur campaign. En Primeur is a French wine trade term for wine sold as a […]
Is it a coincidence that Yquem, owned by LVMH, decided on Monday to mimic Latour, also owned by another luxury brand, Kering and not release their wine during en primeur season? For the 3rd year in a row no new vintage of Yquem will be released during the traditional en primeur season. Latour famously withdrew […]
Trade magazine, Harpers, interviewed Liv-ex director, Justin Gibbs, this month wherein he acknowledged the fact that the en primeur system has priced out average collectors and investors over the past few years. The original rationale of en primeur pricing by the chateaux was to reward the payment for wine two years in advance of receipt […]
Marks and Spencer have become the first European supermarket to stock wine from Japan, specifically the Yamanashi region near Mount Fuji. The wine, called Sol Lucet and produced by Kurambon, is made with Japan’s native Koshu grape, and will be released to M&S with its own special bottle and label. Is this further evidence of […]
Duncan Sterling, head of New York Wine Auctions at Sotheby’s said: “North America reasserted itself in the auction market today accounting for 15 out of the top 20 buyers in our sale. This, coupled with continued demand from Brazil and Mexico drove the sale total comfortably over the high estimate”. The auction highlights included top […]
The Bordeaux 2013 campaign has been a perfect example of why a fine wine broker makes more sense than buying en primeur in an off-vintage. As evinced by the Drinks Business article on the release of the Haut-Brion range of wines it is commendable on the face of it that they have cut their prices […]
In a continuation of the strategy which has led to the acquisition of Château d’Yquem and Dom Perignon, luxury goods giant LVMH have added 8.66 hectares of Clos de Lambrays, one of the largest grand cru vineyards in Burgundy’s Cote de Nuits region. The company’s continued expansion into wine is clear evidence of a wider […]
Peter and the team at Vin-X wish to extend our congratulations to wine collector and Vin-X client Curtis Davies. Curtis led his team, Hull City AFC, to the first FA Cup Final of their 110 year history. Curtis, we hear you gave the hairdryer treatment at half time, which we believed after the first half […]
Liv-ex, the fine wine market's premier exchange, has a number of indices to measure performance and the broadest of these is the Liv-ex 1000 which is composed of a number of sub indices. It would seem that since the market peak in May 2011 the best performer has been the humble Rest of the World […]