Is China’s new luxury wine worth $250 a bottle? The makers of a new red blend from China are aiming to lure luxury wine connoisseurs from such established regions as Napa and Bordeaux, betting they’ll spend $250 a bottle on something novel and adventurous I got a sneak preview of the first vintage of the…
World wine trade buoyed by rebound in China demand Wine exporters toasted an upturn in Chinese wine consumption in 2015 after a two-year decline, as a growing taste there for reds helped global wine trade expand, the International Vine and Wine organisation (OIV) said on Monday. Chinese imports jumped 44 percent to 5.5 million hectoliters,…
Are you Leveraging your Fine Wine Portfolio? What makes a good investment? “Something that makes a profit!” Do you agree? Today in a fast paced world, everyone longs for that magic pill, that shortcut, that break. When you think of fine wine as an investment, do you think of it as a product? Or do…
End of an era: Robert Parker relinquishes Bordeaux Robert M. Parker Jr is to relinquish his tasting of Bordeaux to the British-born Neal Martin as of 1 May 2016, according to his PR agency. Martin will take full responsibility for coverage of the wines of Bordeaux, in both the Wine Advocate and at erobertparker.com. The…
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…
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…
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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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…
“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…