Page 6 - Market News
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- March 15, 2016
CAN CHINA’S GOVERNMENT ‘REPATRIATE’ ITS CITIZENS’ LUXURY SPENDING? From duty-free shops to customs crackdowns, the Chinese government has been on a mission over the past year to encourage its luxury shoppers to keep their shopping sprees at home, despite the high prices that are encouraging them to shop abroad. As high tariffs on imported goods […]
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- March 10, 2016
Liv-ex 100 gains 1.2% in February In February the Liv-ex 100 Index saw its biggest increase in over a year, gaining 1.2% to close on 243.7. Although it has seen fluctuations over the past year, it is now up 4.1% since the market’s low in July 2014. The Liv-ex Fine Wine 50 Index gained 0.9% […]
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- March 09, 2016
Asian investor Peter Kwok buys another Bordeaux château Peter Kwok, the Hong Kong businessman regarded as one of the first Asian investors in Bordeaux vineyards, has bought his seventh estate in the region. Peter Kwok, the Vietnam-born, Hong Kong businessman who bought St Emilion’s Château Haut-Brisson in 1997, has purchased Château le Rey in Castillon […]
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- March 05, 2016
War on cash to pump up silver, wine, art, gold: James Saft (James Saft is a Reuters columnist. The opinions expressed are his own) Like it or hate it, the war on large-denomination cash will have an impact on other markets, as investors and crooks alike look for convenient stores of value. In short, if […]
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- March 05, 2016
Westminster Fine Wines Ltd: Director banned for 12 years The sole director and shareholder of Westminster Fine Wines Ltd, 36-year-old Jeff Berrill, has been banned from acting as a UK director for 12 years. The ban will run until March 2028. Wine investment company, Westminster Fine Wines Ltd, was founded in October 2011 and was […]
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- March 03, 2016
Ringing the Changes at Château Angélus After buying out her father, Stéphanie de Boüard promises changes at the illustrious estate. Iconic Saint-Émilion property Château Angélus will make gradual changes to its wine style over the next decade, according to its new sole owner Stéphanie de Boüard. The eighth generation of the family responsible for running […]
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- February 26, 2016
Chinese billionaire, Alibaba founder Jack Ma, buys Bordeaux Château de Sours Jack Ma, China’s second richest person and founder of multi-billion dollar online retailer Alibaba, has become the latest Chinese investor to buy a Bordeaux wine estate with Château de Sours. * China’s Alibaba founder buys Bordeaux château spanning 80 hectares * Ma’s […]
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- February 25, 2016
How to read wine tasting notes Wine tasting notes do not have to be as mysterious as they sometimes seem. Below, Decanter experts talk you through some of the main terms, with the help of a graphic created by Decanter’s design team. Do you ever find it difficult to read wine tasting notes? Wine tasting […]
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- February 24, 2016
The other Mondavi: Charles Krug Winery’s Peter Mondavi turns 96 Peter Mondavi discusses wine, age, the ‘crazy’ prices of premium Napa – and what it was like to be the ‘quiet one’ in the shadow of his big-spending older brother While Robert Mondavi was celebrated as the Father of Napa, his younger brother Peter […]
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- February 24, 2016
Bordeaux 2006: performance of the First Growths As we enter the tenth year since the 2006 vintage, Liv-ex will be examining the performance of the wines in a series of short blog posts. These posts will examine price variations – the highest and lowest Market Prices against the current and release prices – for wines […]
