The Liv-ex Fine Wine 100 index fell slightly in October but the top moving wines were all 2009s – particularly Right Bank and affordable Left Bordeaux.
Fake wines now account for 20% of global wine sales according to unofficial industry estimates published in regional French newspaper Sud Ouest.
The trafficking of false labels of fine wine is apparently soaring on the internet as one such fraudster in Bordeaux was recently jailed for four months.
The world is facing its “deepest” wine shortage in 40 years, according to a report released this week by Morgan Stanley that has raised fears in the industry.
Six hectares of Léoville Las Cases’ vineyards have been accidentally poisoned by its neighbour Léoville Poyferré.
2013 marks a trio of difficult vintages in Bordeaux, but this year was the hardest of the past 30 years believes one château owner.
The 2005 vintage of Haut-Brion has dipped below £5,000 a case on Liv-ex, further strengthening the index’s claim it offers the best value of the first growths.
Wine doesn’t sell itself – especially Bordeaux right now – so it’s time to see some customers.
The 2009 vintages of Lafite and Latour find themselves in very different places four years after their release, with a 30% gap in pricing now separating the two.
A case of 1961 Château Latour à Pomerol from the cellars of its one-time owner, Madame Lacoste-Loubat, was sold for over £100,000 at auction this week.
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