Page 15 - Market News
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- June 09, 2016
The Liv-ex Fine Wine 100 Index has risen for the sixth consecutive month, the first time it has done so since March 2011. It closed May on 254.31, up 1.56 points (0.62%) on April’s closing level of 252.75. The index’s gain bucked the trend of recent years where the Liv-ex 100 has dipped during the […]
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- June 09, 2016
French president François Hollande has officially opened Bordeaux’s 80-million-euro Cité du Vin wine centre, despite a backdrop of national strikes plus protests at the venue from campaigners against pesticide use in vineyards. Hollande took to the stage alongside one of his main political enemies, Bordeaux mayor Alain Juppé, to officially open the Bordeaux […]
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- June 09, 2016
Another rash of releases this week has seen some of the biggest names of Bordeaux show their hands, as price rises continue to mark the 2015 en primeur campaign. Among the most significant Bordeaux en primeur rise has been Chateau Canon 2015 from St-Emilion, up 55% to €60 ex-Bordeaux from its 2014 price of […]
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- June 01, 2016
A secret stash of rare wines worth 1m euros has been found in a Czech castle that once belonged to suspected Nazi sympthasisers, according to Coravin, which has offered its wine access system to assess the cellar’s quality. Château d’Yquem and Corton Charlemagne from 1892 were just two of the 133 bottles of fine […]
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- June 01, 2016
José Mourinho will have the chance to renew his fine wine friendship with Sir Alex Ferguson after being appointed Manchester United manager. José Mourinho was pictured buying wine from Hedonism in central London yesterday, just hours before Manchester United confirmed today (27 May) that he would be the club’s new manager on a three-year deal. […]
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- May 27, 2016
An auction of nearly 1,500 wines from Burgundy’s exclusive Domaine de la Romanée-Conti estate has been overshadowed by concerns raised over the authenticity of a small number of wines sourced for the sale. Baghera Wines removed ‘five or six lots’ before its Geneva auction over the weekend, according to a report by The Independent newspaper, […]
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- May 27, 2016
Andrew Jefford delves back three decades to find out if Châteauneuf du Pape both needs and merits age. How much Châteauneuf du Pape do you have in your cellar? In the 1997 revision of his outstanding book on the Rhône (Wines of the Rhône Valley), Robert Parker said he drank “more Châteauneuf du Pape than […]
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- May 27, 2016
Sotheby’s claims to have set ‘a new benchmark’ for wine auctions after its sale from billionaire collector Bill Koch’s cellar hit nearly $22m. All 2,730 lots were sold in the New York auction, named Wines from the Cellar of William I Koch, which lasted for 27 hours over three days. Total sales hit $21.9m for […]
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- May 23, 2016
Krug’s chef de cave Eric Lebel has said he is fully in favour of writing the flute out of Champagne drinking history, and he hinted that the house may launch a new glass for its rosé. Eric Lebel told Decanter.com during the Krug World Festival that the LVMH-owned producer may launch a rosé Champagne glass […]
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- May 23, 2016
The MD of the Antique Wine Company has said the firm is set to enter liquidation after efforts to revitalise its finances have failed. Antique Wine Co (AWC) has been left in an untenable position following a drop-off in Bordeaux trading and in the aftermath of a failed lawsuit against the group over alleged fake […]
