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…

Wine globalization set to continue

Wine globalization set to continue Read more at http://blog.oup.com/2015/09/wine-globalization-to-continue/ The past two decades have seen globalization of the world’s wine markets proceed like never before, in both speed and comprehensiveness. There was a degree of trade expansion in the five decades to World War I but, until the late 20th century, interactions across continents involved little more…

Talking Trade: 9-15th October

Talking Trade: 9-15th October Read more at http://blog.liv-ex.com/2015/10/talking-trade-9-15th-october.html While the Liv-ex Fine Wine 50 drifted 0.1% this week, Bordeaux’s trade share rose above 80%. Italy had another strong week, while Burgundy’s share continued to wane. The major theme of the week was Bordeaux 2010, which dominated the table of top wines traded by value. Overall, the…

Burger King’s Whopper Wine Is the Height of Sophistication

Burger King’s Whopper Wine Is the Height of Sophistication Read more at http://www.eater.com/2015/9/29/9416537/burger-king-whopper-wine Burger King, maker of such sophisticated products as chicken fries and black-bun burgers, has entered a new sector: wine. To celebrate 40 years of burger-slinging in Spain, BK released Whopper Wine, aged in — what else — “flame-grilled” barrels. One can only assume this classy…

Broken China?

Broken China? Read more at http://www.blog.liv-ex.com/2015/10/broken-china.html The chart below shows a clear correlation between the performances of the Liv-ex Fine Wine 100 Index and the China Producer Price Index (PPI) which measures changes in the price of goods sold by manufacturers. When PPI rises, it is expected that prices for consumers – measured by the Consumer Price…

Bordeaux 2009 and 2010: Where are the price gaps?

Bordeaux 2009 and 2010: Where are the price gaps? Read more at http://www.blog.liv-ex.com/2015/10/bordeaux-2009-and-2010-where-are-the-price-gaps.html Bordeaux 2009 and 2010 are the two back-to-back vintages which are considered amongst the best of this century. Recently, Liv-ex explored the price gap between Montrose 2009 and 2010.  While both have 100 points from Robert Parker and come from these two comparably acclaimed…