Despite its challenges, the 2013 Burgundy vintage offers wines with “beautiful definition” that are “very precise on terroir”, according to Veronique Drouhin of Joseph Drouhin.
Business students are developing a thirst for wine courses, with careers in the financial sector having lost their sheen due to the recession.
Beaune is the best value wine appellation in Burgundy but has suffered from a “lack of reputation”, according to the president of Louis Jadot, Pierre-Henry Gagey.
Christie’s latest fine wine sale in Hong Kong made in excess of HK$36 million, driven by perennial auction favourite DRC and exceptionally old and rare Yquem.
Heritage Auction’s early December sale will feature over 700 lots of top Burgundy from Dugat to Groffier to the ubiquitous DRC.
Auction house Sotheby’s is to offer the “best of the best” at its next Hong Kong auction next month with over 200 lots of the world’s finest wines up for grabs.
A run of small harvests, strong demand for the top names and soaring vineyard prices is changing the shape of Burgundy’s entire wine model.
The small Burgundy harvests in 2012 and 2013 have contributed to a slump in the region’s Asian markets, but the appetite remains undimmed.
With more foreign investors gaining a toe-hold in Burgundy and tough vintages hitting producers, the region’s vignerons are mulling what the future holds.
US auction house Hart Davis Hart is hoping to see out the year in style with a sale it hopes will net between US$4-$7 million.
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