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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Enotria and Coe has announced that private equity owners BlueGem are to invest £10 million to support the growth of the company in the coming months.
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Serendipity is part of the pleasure of owning a wine cellar. Unless you’re the kind of person who keeps a log of every bottle that’s down there – I’m as organised as the next Virgo, but there are limits – these chance discoveries are wonderful. Well, most of the time. For every bottle of oxidised Condrieu or dried-out claret, there are dozens that are exciting to unearth. I had a bottle of 2006 TMV Swartland Syrah recently, made by Chris and Andrea Mullineux before they set up their own now globally famous winery in South Africa, and it was a revelation.
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The Languedoc is set to become one of the key regions for growing Burgundian varieties over the next decade, according to winemaker Laurent Delaunay of Abbotts and Delauney.
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