Page 24 - Market News
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- December 15, 2015
Billionaire head of China’s Fosun group ‘disappears’ Read more at /media/sureholdings/blog/misc/billionaire-head-of-chinas-fosun-group-disappears-285218 Chinese company Fosun, which also has a 20% stake in Spanish wine and ham firm Osborne, has re-started stock exchange trading after a brief suspension following news that its chairman had ‘disappeared’ and was understood to be involved in a police investigation. Chinese and […]
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- December 11, 2015
St – Emilion classification dispute goes before tribunal Read more at /media/sureholdings/blog/misc/st-emilion-classification-dispute-goes-before-tribunal-284859 A complaint launched by three châteaux demanding the cancellation of the 2012 St-Emilion classification has been heard at Bordeaux’s Administrative Tribunal. Châteaux Croque-Michotte, La Tour du Pin Figeac and Corbin-Michotte launched the St-Emilion classification complaint in January 2013, citing numerous inconsistencies and procedural […]
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- December 10, 2015
Champagne Taittinger to make English sparkling wine with UK vineyard deal Read more at /media/sureholdings/blog/misc/champagne-taittinger-to-make-english-sparkling-wine-with-uk-vineyard-deal-284854 Taittinger has become the first Champagne house to invest in English sparkling wine after joining with investors to buy ‘premium’ vineyard land in England. At a Glance – Champagne Taittinger English sparkling wine deal: Taittinger and partners buy 69ha of […]
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- December 09, 2015
Liv-ex 1000 drops 0.8% in November Read more at http://www.blog.liv-ex.com/2015/12/liv-ex-1000-drops-08-in-november.html The Liv-ex 1000 Index – the broadest measure of the market – dropped 0.8% in November to close on 244.55. The Bordeaux 500 Index also drifted, dipping 0.82%. They join both the Liv-ex 100 and Liv-ex Fine Wine 50 in closing the month down. Of these […]
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- December 08, 2015
Crus Classés de Graves wine auction for Paris victims Read more at /media/sureholdings/blog/misc/crus-classes-de-graves-wine-auction-for-paris-victims-283752 All 14 member châteaux of the Crus Classés de Graves are to auction off double magnums of their wines via iDealwine, with proceeds going to a fund for the victims and families of the 13 November Paris terror attacks. The Graves wine […]
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- December 07, 2015
Castel sells Bordeaux château to China’s Changyu Read more at /media/sureholdings/blog/misc/castel-sells-bordeaux-chateau-to-chinas-changyu-284212 Castel, France’s largest wine family, has sold one of its 22 Bordeaux wine châteaux to Chinese wine giant Changyu. In a second, unrelated deal, Château de La Dauphine in Fronsac has been bought by the Labrune family. Castel sells Bordeaux château Changyu Group has […]
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- December 04, 2015
Bordeaux: beyond the First Growths Read more at http://www.blog.liv-ex.com/2015/11/bordeaux-beyond-the-first-growths.html The headline numbers for Bordeaux have been negative now for several years. The Liv-ex 50 (First Growths) is down 40% since the market’s peak; the Bordeaux 500 is down 20%; the region’s market share has fallen from 95% to 74%. However, as the chart above shows, Bordeaux […]
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- December 02, 2015
An abundance of fizz Read more at http://www.blog.liv-ex.com/2015/11/an-abundance-of-fizz.html Champagne has seen good activity in 2015, taking 6.1% of the year’s trade so far: up from 2.8% in 2014. This has largely been due to a string of releases, including Dom Perigonon 2006, Pol Roger 2004 and Cristal 2007. In July this year Antonio Galloni called the […]
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- December 01, 2015
Global wine stars join Decanter for Shanghai Fine Wine Encounter Read more at /media/sureholdings/blog/misc/global-wine-stars-join-decanter-for-shanghai-fine-wine-encounter-283778 China’s wine lovers were out in force at the Decanter Shanghai Fine Wine Encounter over the weekend, tasting an array of top vintages from some of the world’s best producers in glamorous surroundings. Read our full report of the day […]
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- December 01, 2015
Château Lafite Rothschild technical director Charles Chevallier to step down Read more at /media/sureholdings/blog/misc/chateau-lafite-rothschild-technical-director-charles-chevallier-to-step-down-283706 Charles Chevallier is to step back from his position as technical director at Château Lafite Rothschild, moving into a new advisory role and to be replaced in his current job by Eric Kohler, the Bordeaux first growth estate has announced. […]
