In praise of wine wankers

In praise of wine wankers Read more at https://www.meininger.de/en/wine-business-international/praise-of-wine-wankers In many areas of criticism, there are reviewers famous for their slashing reviews. There’s the Guardian’s Jay Rayner, who makes a habit of mocking pretentious restaurants, or Terry Eagleton, whose literary smackdowns can go viral on Twitter. In wine, however, it’s the critics who get skewered. Everywhere they…

Paris Attacks Dampen Chinese Tourist Arrivals

Paris Attacks Dampen Chinese Tourist Arrivals Read more at Jing Daily Following the terrorist attacks in Paris last weekend, recent tourism statistics released find that many—but not all—Chinese tourists are canceling and altering their visits to France. The weak euro has made Paris a popular destination with Chinese shoppers this year, even in the wake…

CHINA’S TOP 10 BIGGEST WINE IMPORTERS

CHINA’S TOP 10 BIGGEST WINE IMPORTERS The latest figures on wine sales in China show a market back in growth. We look at the performance of the top 10 importers by country. Read more at http://www.thedrinksbusiness.com/2015/11/chinas-top-10-biggest-wine-importers/ As previously reported by the drinks business, the market for wine in China appears to be experiencing a bounce back, with…

Japan Rises as Asia’s Leader for Chinese Luxury Spending Growth

Japan Rises as Asia’s Leader for Chinese Luxury Spending Growth Read more at http://jingdaily.com/japan-rises-as-asias-leader-for-chinese-luxury-spending-growth/#.VkrsHF7D9Zs As mainland China’s luxury consumers continue to shun one-favorite shopping destination Hong Kong, Japan has emerged as a key locale for Chinese traveler-driven sales growth in 2015. Last week, Hermès reported that Japan was the source of its highest sales growth…

Wine sales soar on China’s Singles’ Day festival

Wine sales soar on China’s Singles’ Day festival China’s Singles’ Day success China’s online wine and spirits retailers have reported strong rises in sales during the 2015 Singles’ Day shopping festival. Read more at https://www.decanterchina.com/en/?article=1230#DsGHTY2JxoPKfyz9.99 Retailer Yesmywine doubled sales on its Tmall.com outlet versus last year to hit CNY 40.5m (£4.2m) during China’s Singles’ Day,…

WINE INVESTMENT OUTPACES STOCKS AND SHARES

WINE INVESTMENT OUTPACES STOCKS AND SHARES Fine wine has been the best performer of all major investment assets since 1988, according to research published this week by wine investment company Vin-X. In that time Fine Wine has appreciated 1474%, nearly twice as much as its nearest rival, the Dow Jones (up 783%). The S&P comes in third with…

Bottle of Lafite Rothschild 1895 sells for $17,000

Bottle of Lafite Rothschild 1895 sells for $17,000 Read more at http://www.decanter.com/wine-news/bottle-of-lafite-rothschild-1895-sells-for-17000-280678/ A single bottle of Château Lafite Rothschild 1895 vintage has been sold for $17,000 at a retailer in Dubai. Retailer Le Clos, based in Dubai International Airport, did not reveal the name of the Lafite Rothschild 1895 buyer, other than to say he or she…

Global wine market 2015 will grow 1.1% annually by 2019

Global wine market 2015 will grow 1.1% annually by 2019 Read more at https://www.whatech.com/market-research/food-beverage/102474-global-wine-market-2015-will-grow-1-1-annually-by-2019 The report package Global Wine Market to 2019 – Market Size, Development, Top 10 Countries, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for wines in the world and in the top 10 global countries.…

Bordeaux 2010: Back to the Future

Bordeaux 2010: Back to the Future Read more at http://www.blog.liv-ex.com/2015/10/bordeaux-2010-back-to-the-future.html If buyers of Bordeaux 2010 En Primeur had hopped into Marty McFly’s DeLorean DMC-12 and landed in 2015, what would they have discovered? For the buyers, the news – overall – would not have been good. Released at the peak of the market in June…