A collection of Krug direct from the house’s cellar was 100% sold at Sotheby’s New York auction this weekend.
There is a burgeoning wine industry in Hong Kong where consumer demand is rising and tastes are changing.
A new electronic version of Jasper Morris MW’s book Inside Burgundy is promising a more flexible, interactive reference resource for the region.
UK fine wine lovers are abandoning Bordeaux in favour of other regions, as high prices and a run of good European vintages encourage them to seek alternatives.
Sales from four major auction houses, starting tomorrow, hope to boost confidence in the Hong Kong and Mainland markets.
The Hospices de Beaune auction enjoyed record sales of €5,909,276 this weekend, with Asian buyers accounting for 12% of value sales.
The bidding for top Bordeaux and Burgundy was as heated as ever in Hong Kong and New York this weekend, but it was white wines from both regions that made some of the biggest impressions.
Reports from Mumm and Perrier-Jouët have described a difficult year in Champagne but one that has left both houses hopeful of good quality.
Acker Merrall & Condit’s CEO, John Kapon, has called Domaine de la Romanée-Conti “the world’s most important producer” following a record-breaking sale in Hong Kong.
Burgundy winegrowers have said this year’s weather has helped to produce a “rare but precious vintage”.
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