Stability returns but Bordeaux loses share, says Liv-ex

Stability returns but Bordeaux loses share, says Liv-ex Read more at http://www.decanter.com/wine-news/st-emilion-classification-dispute-goes-before-tribunal-284859/#XKt8YKAeScwQucct.99 Bordeaux lost more ground to Burgundy and Italy in 2015, but the overall fine wine market has shown greater stability, says a review of the past 12 months from the Liv-ex trading exchange.     Bordeaux‘s market share on Liv-ex has dropped to…

Hundreds of Rudy Kurniawan counterfeit wines destroyed

Hundreds of Rudy Kurniawan counterfeit wines destroyed Read more at http://www.decanter.com/wine-news/hundreds-of-rudy-kurniawan-counterfeit-wines-destroyed-285397/#pYPF2K2tXlTsWHlH.99 More than 500 counterfeits of the some of the world’s finest wines have been crushed at a Texas waste disposal site almost exactly two years after their maker, Rudy Kurniawan, was convicted of wine fraud in a US court.  A Container of smashed bottles…

Billionaire head of China’s Fosun group ‘disappears’

Billionaire head of China’s Fosun group ‘disappears’ Read more at http://www.decanter.com/wine-news/billionaire-head-of-chinas-fosun-group-disappears-285218/#XqWCZfFL01ieRKJS.99 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…

St – Emilion classification dispute goes before tribunal

St – Emilion classification dispute goes before tribunal Read more at http://www.decanter.com/wine-news/st-emilion-classification-dispute-goes-before-tribunal-284859/#XKt8YKAeScwQucct.99 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…

Champagne Taittinger to make English sparkling wine with UK vineyard deal

Champagne Taittinger to make English sparkling wine with UK vineyard deal Read more at http://www.decanter.com/wine-news/champagne-taittinger-to-make-english-sparkling-wine-with-uk-vineyard-deal-284854/#Cez5j3QQzxa0LWvX.99 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…

Liv-ex 1000 drops 0.8% in November

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…

Crus Classés de Graves wine auction for Paris victims

Crus Classés de Graves wine auction for Paris victims Read more at http://www.decanter.com/wine-news/crus-classes-de-graves-wine-auction-for-paris-victims-283752/#HQ9O4TlMs3chgkdL.99 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…

Castel sells Bordeaux château to China’s Changyu

Castel sells Bordeaux château to China’s Changyu Read more at http://www.decanter.com/wine-news/castel-sells-bordeaux-chateau-to-chinas-changyu-284212/#Fw7egOo6Oq3srEkX.99 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…