British consumers are turning their backs on Bordeaux after losing faith in both producers in the region and the en primeur system, according to two key fine wine merchants.
An ex-cellar collection of Cheval Blanc made over HK$11 million when it was auctioned by Sotheby’s in Hong Kong last weekend.
Stephanie de Boüard, of Château Angélus, believes it is her duty to shake things up a bit and make some changes at the St Emilion estate.
Enterprising young winemaker Caroline Frey of Château La Lagune and Jaboulet is reviving the tradition of blending Bordeaux with Rhône via a new release.
Bordeaux third growth Château La Lagune may not release a 2013 grand vin as winemaker Caroline Frey is unsure that the quality is up to her standards.
Two London-based wine firms that worked together to cheat defrauded wine investors out of more money by claiming they could help recover their losses have been shut down.
Giants of the international brewing, distilling and wine business appeared among other titans of UK industry in The Sunday Times Rich List 2014.
Bonhams’ next London fine wine sale will feature collections from a selection of European cellars spanning top flight Bordeaux, Burgundy, Italian and mature Rioja.
Respected Sauternes producer, Alexandre de Lur-Saluces, has warned Bordeaux is heading for “collective suicide”, if it continues with its current pricing strategy.
The latest Cellar Watch Market Report brings more miserable news for the fine wine world as Liv-ex’s indices continued to slide in April following a torrid en primeur campaign.
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