Capital Vintners

Capital Vintners

Capital Vintners: Eye on Asia

We all know that the Chinese wine market has boomed over the last few years, but recently there has been rumours abounding that demand has been decreasing after the boom of 2009-11. Let’s investigate the data.According to International Wine and Spirit Research (IWSR), the Chinese drank 160 million cases of wine in 2011, a 142 […]

Eye On Asia (Part 1): Bordeaux Still Top of China’s List

In the last five years there can be no denying that China has been pushing the fine wine market skyward almost single-handedly. No one could have predicted the demand from the Far East which has seen prices for certain wines skyrocket. In 2012 Christie’s sold over £23 million worth of fine wine at just nine […]

CAPITAL VINTNERS: EYE ON ASIA

A Hong Kong auction at Sotheby’s last weekend may have signified a further string to the Asian fine wine market’s bow being added as Rhône Valley wines fared very well. On December 8 the auction’s highlights included a 1961 Hermitage La Chapelle from Rhône, which sold for £13,700 a bottle, 165 per cent higher than the […]

Parker steps down as editor-in-chief of Wine Advocate

Robert Parker Jr – the world’s most renowned wine critic – has stepped down as editor-in-chief of the influential publication, the Wine Advocate. A percentage of the magazine has been sold to three Asian investors (unnamed so far). The Wine Advocate headquarters will remain in America, but a large office will be set up in Singapore, […]

Capital Vintners: Eye on Asia

Burgundies ended the year strongly in a Hong Kong auction this weekend. Domaine de la Romanee-Conti. Remember this wine estate because it is breaking records right now. Three 2005 bottles were sold at a record-breaking price of £14,800 a bottle at an auction in Hong Kong over the weekend. £3.8 million of wine was sold at […]

Fifth Hong Kong Wine Fair opens

Hong Kong’s financial secretary announced that the total value of wine imports to the region in 2011 was around £750 million. Speaking at the opening of the fair, John Tsang Chun-Wah was enthusiastic about the future of the wine market in Hong Kong. He said that the city is now the largest auction centre in […]

Capital Vintners: Eye on China

Here at Capital Vintners we like to keep as up to date as possible on movements in the global fine wine market. China is currently importing a significant amount of Bordeaux wine. No longer are the Chinese only buying the top wines; they have started to diversity their portfolios, further increasing imports and diversifying Chinese tastes for […]

White Burgundies and Bordeaux excel over the weekend at auction

Once again Burgundies steal the show and top the auction lists. This weekend auctions at Sotheby’s in New York and Zachys’ in Hong Kong both saw high figures, especially for white Bordeaux and Burgundies. Highlights of the New York auction included a 10-bottle case of 1988 Domaine de la Romanee-Conti Montrachet for £29,000 and three […]

Burgundy wines soaring in value

Christie’s have reported that Burgundies are performing incredibly well right now. In particular Domaine de la Romanee-Conti has performed well. Although Bordeaux wines are still top dog, Burgundies are gaining notoriety in the market, especially Asia. Capital Vintners not only offers a wide collection of fine wines, but also the very best Burgundies: http://www.capitalvintners.com/wines/8/burgundy As production in Burgundy is smaller […]

China set to become second largest luxury market by 2017

China is due to become the world’s second largest market for luxury goods in the space of five years. Luxury goods sales could reach $302 billion worldwide this year, up four per cent from 2011.  Fine wine, especially Bordeaux wine, dominates the luxury goods landscape.Most of the large UK merchants report between a third and a […]

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