In one of our previous articles, “Wine investment, what Warren Buffett would do”, we announced we would elaborate on the prevailing uncertainty in the fine wine market and shed some light on short term demand.
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.
Aussino clarifies Bordeaux position.
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
I find it slightly bizarre that the whole wine trade is occupied with Bordeaux En Primeur during nearly 3 months. The tastings were done in April and the last of the reviews (Parker) were released at the end of April. Yet, a month and a half later, we’re all still waiting for the campaign to get serious. Frustration in the trade mounts and customer interest is waning.