Fake wines now account for 20% of global wine sales according to unofficial industry estimates published in regional French newspaper Sud Ouest.
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.
The annual charity auction at the Hospices de Beaune in Burgundy this November will be one of the smallest in years – but the wines show promise.
Key Burgundy estate Domaine Faiveley has acquired Domaine Dupont-Tisserandot in Gevrey-Chambertin.
Some of Australia’s leading properties will top the bill at Bonhams’ fine wine sale in London later this week.
Maison Louis Jadot President Pierre-Henri Gagey has outlined the extent of July’s hail damage in the Côte de Beaune, which has affected a third of his Burgundy vineyards.
Sotheby’s two-day Hong Kong auction last weekend, including the first ex-cellar sale from Domaine Clarence Dillon, was hailed as a resounding success and raised US$12 million.
Terry Kirby picks out a “big, ballsy, rustic wine” that’s “perfect to warm up cold evenings”, while Matthew Jukes recommends “one of the most delicious light reds of the year.”
Maison Louis Jadot president Pierre-Henri Gagey has outlined his initial aims for the Oregon vineyard acquired by his company this summer.
Acker Merrall & Condit’s New York season was off to a flying start last weekend with Burgundy, once again, proving the standout seller as the US grows stronger.
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