Fine wine consultancy Wine Lister has today (25 January) launched its new website and logo, consolidating its analysis and marketing services for the world's leading wineries.
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‘Frenzied activity’ characterised the fine wine market during the second half of 2021 and most of 2022 in particular for Champagne and Burgundy, when prices increased by 69% and 58% respectively according to Bordeaux Index. However, things were much more subdued in 2023, with the platform also predicting some return of optimism in 2024.
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The sale of leading specialist importer Hallgarten & Novum Wines from the Pieroth family has been five years in the making, Harpers has learned. Now, as it moves its portfolio of premium on-trade accounts and producers to Coterie Holdings, a new chapter is in store for both businesses as they look to bolster their portfolios and advance their march into the fine wine market, with Coterie, in particular, looking to establish its hold as a key player in the nation’s top restaurants.
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In 2022, fine wine established itself as a powerful alternative amidst times of economic turmoil, a pillar of stability in an otherwise volatile equities market.
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A year into a global decline in fine wine trading the market remains volatile, though with some signs that the decline may be slowing.
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Bibendum Wine, the premium wine specialist, has appointed Valeria Rodriguez as head of its Fine Wine division.
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Cult Wines, which has its finger on the pulse of the fine wine market, reports a -0.83% decline in fine wine markets in June, marking the downturn of a broader market correction following an extended rally which ran from mid-2020 through to 2022.
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Flint Wines has announced the appointment of Katy Keating to lead the company through its next phase of development and expansion, following her departure from Lay & Wheeler.
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A study published by investment firm WineCap has revealed several key trends that continue to shape the fine wine market in 2023, including a relatively lacklustre demand for 2021 Burgundy and expensive bubbly.
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It was a noble, if ultimately inconclusive exercise. Maybe that’s true of anything that involves an indigestible dose of subjectivity. But you can’t fault Areni Global for attempting to define and “rethink” the fine wine market, no less. In a recent white paper, accompanied by an entertaining panel debate and tasting at Sotheby’s in London, the impressive think tank set out to analyse what its chair, Nicole Rolet, calls the “fine wine ecosystem”. Ambitious, as I said.
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Fine wine got off to a slow start in the first month of 2023 at fine wine investment platform Cult Wines, deflating a more encouraging bubble which began towards the end of 2022.
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Jascots Wine Merchants has recorded strong results for 2022, laying growth at the door of new business and an ongoing focus on range premiumisation.
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Fine Wine provided stability amid an increasingly uncertain economic outlook in 2022, a new report from Liv-ex has revealed. However, as renewed investment and speculation pushed prices, analysts have been left wondering whether the ‘Covid era boom’ has run its course.
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Areni Global, a think tank dedicated to the future of fine wine, has released a ground-breaking report examining the major threats, and opportunities, facing the sector today.
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Burgundy emerged as the dominant force in fine wine investment for September, Winecap has revealed in the latest analysis of its fine wine index, Wine Track, as the region grows its reputation as the leading investment area for price performance on the secondary market.
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Globally, we may have not been swinging from the chandeliers much over the past two years. When it comes to the secondary market however, Champagne has undergone a period of intense transformation to become one of the most attractive propositions for fine wine investors.
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Italian specialist Armit Wines unveiled a raft of new wines at its London tasting this autumn, in addition to library vintages and big formats, while billing the ‘New Fine Wines of the Future’ among its new and existing agencies.
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Australia and Spain are at the forefront of an increasing number of ‘rest of the world’ wines that are fuelling new growth on the negociant-driven La Place de Bordeaux marketplace.
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The global fine wine and spirits merchant, Bordeaux Index, generated £80m in revenue in the first half of 2022 – an increase of 37%.
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Societe Jacques Bollinger (SJB), the Family Group behind a portfolio of wines and spirits, including Bollinger Champagne, has increased its minority stake in Bordeaux Index.
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