BI, the fine wine and spirits merchant, has reported something of a boom in its fine wine sales during the era of coronavirus, with sales of both US and Italian wine leading the pack.
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Global trader BI Fine Wine & Spirits has reported that its volume sales of high-end wine and rare whisky to Asia jumped 25% in March as Chinese buyers returned to the market.
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British merchant Berry Bros & Rudd was among the winning bidders at the annual Premiere Napa Valley Auction on Saturday, which raised $3.9m in support of Napa Valley Vintners.
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Off-Piste Wines has appointed former Waitrose and Co-op buyer Maria Elener as sourcing and supplier manager for Europe.
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Private equity fund Saphir Capital has taken a majority stake in international fine-wine supplier Wine Source Group.
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I recently received an invitation to invest in the BIB Wine Company. They are crowdfunding on the Seedrs platform, one of the UK’s major players in this market. BIB summarise their pitch as:
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Jo Gilbert digs deep into the vinous roots of southern Portugal to discover how three decades of investment continues to unearth indigenous gems.
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Sogrape is ramping up its investment in Liberty Wines, in a move that will increase its 2017 investment to a majority share in the business.
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Fine wine is a less volatile investment than all other major alternative assets, according to a new report released today by fine wine investment management specialist Cult Wines.
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Tasmania’s vineyard area has grown by 25% over the past two growing seasons, with plans for another 15% increase in the pipeline, as both local and mainland Australian producers invest in the island’s viticultural scene.
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Liverpool-based wine and spirit producer Halewood Wines & Spirits has denied it is slowing down its wine business after several moves this year to boost its international spirits profile and selling off its “loss making” Romanian wine arm.
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Burgundy thrived, Bordeaux consolidated and wine investment proved more stable than gold, according to the Liv-ex annual summary of the 2018 market, described as “a record breaking year”.
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New research has unveiled winemaking areas in the UK that could rival Champagne – and they’re not necessarily what you might expect.
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Two prominent South African wine estates are adding to the roster of overseas interest in English winemaking with plans to produce sparkling wine in the UK, Harpers has learned.
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Vagabond has secured a £3.5 million investment from UK leisure and hospitality investor Imbiba.
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Is marriage a matter of the head or the heart? Driving back from my godson’s wedding in Nottingham recently, I heard an interview with Baroness Fiona Shackleton, Britain’s leading divorce lawyer, on BBC Radio 4’s Today programme, about this very conundrum.
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Gonzalez Byass UK has become the distributor for premium Austrian producer Domäne Wachau, taking over from Alliance Wine.
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Store closures and profit warnings have become death knells for retailers on struggling high streets, and there was concern last week when Waitrose announced it is shutting five of its 353 stores.
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Champagne Nicolas Feuillatte is looking to the UK to replicate its success in penetrating the US on-trade with the launch of channel-specific labels, backed by major ongoing investment, promising to deliver “Champagne for the many, not the few”.
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Majestic has announced it intends to accelerate growth by increasing investment in acquisitions for its Naked Wines arm.
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