Page 17 - Market News
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- April 25, 2016
Emirates ups investment in wine as part of long-term strategy Emirates continues to invest heavily in its world-class wine programme. In 2015, the airline purchased a record of over 13 million bottles of wine worth US$140 million – more than twice the value of wine purchases in the previous year. The wines are for customers […]
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- April 25, 2016
Jack Ma plans new Alibaba wine sales day in China Jack Ma confirmed speculation in the trade about a new, annual Alibaba wine sales day on 9 September during a public discussion with Italian prime minister Matteo Renzi at the Vinitaly show in Verona today (11 April), according to a report by Italian press agency […]
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- April 25, 2016
Bordeaux Cité du Vin auction offers Lafite 1945, lunch at Haut-Brion Many of Bordeaux’s most prestigious châteaux are offering a combination of exclusive tours, lunches and fine wines at a special charity auction to help raise funds for Bordeaux’s wine cultural museum, the Cité du Vin. Lunch at Haut-Brion, Lafite-Rothschild 1945, private tour of Angélus […]
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- April 25, 2016
What a shocker to see the UK exit from the Eurozone! Were you expecting that to happen? I thought the polls usually get it right, but not this time. Since the news broke Friday morning, the pound plummeted from 1.5 down to 1.32, then it snapped back up to 1.36. The FTSE opened down 10% and […]
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- April 25, 2016
The London Vintners exchange just published survey results from merchants around the globe with predictions for the Livex 100 Index for 2017 and according to this survey the bulls are in town. What the survey says -Optimists expect the market to increase 31% -Pessimists expect the market to drop 15% -On average, merchants around the globe […]
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- April 21, 2016
Have you ever considered wine as an investment? Have you ever thought about building a fine wine portfolio as part of your investment strategy? I have created an online wine investor course, I have told the story of my last 15 years in the fine wine investment industry and I didn’t hold anything back at […]
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- April 20, 2016
Talking Trade: 8th – 14th April The Liv-ex Fine Wine 50 has maintained its upward momentum this week, reaching 284.05 on Thursday. This is its highest level since late March 2014. Trade by value and volume on the Exchange was also higher. There has been keen interest in Bordeaux 2013 now the vintage has started […]
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- April 20, 2016
“Perfect” Haut Brion performance According to Robert Parker, there are three recent Haut Brion vintages worthy of a ‘perfect’ 100-point score: the “exquisite” 2005, the “extraordinarily complex” 2009 and the “ethereal” 2010. Both the 2009 and 2010 were awarded 100 points in Parker’s first in-bottle reviews, while 2005 was initially scored 98 points in bottle […]
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- April 20, 2016
Liv-ex 50: Sustainable gains for the First Growth market? The Liv-ex Fine Wine 50 index has been on an upward trend for four consecutive months. This is the first time the index has seen a sustained rise since late 2012 and early 2013. In both instances, the index was boosted by Sterling weakness against the […]
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- April 20, 2016
Bordeaux 2015 Médoc: A ‘modern’ vintage full of charm, says Steven Spurrier Bordeaux 2015 wines in the Médoc ‘will have a big place in people’s hearts’ says Decanter consultant editor Steven Spurrier after en primeur tasting week. Spurrier praised the fruit dominant, modern style of many Bordeaux 2015 Médoc wines, in an interview on his […]
