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 […]

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 […]

Yet another Bordeaux estate bought by Chinese tycoon

The Chinese taste for buying up French wine estates has not ceased, with news of yet another Chinese businessman buying Chateau Bellefont-Belcier.   More importantly Bellefont-Belcier has Grande Cru Classe status, making it the first one under Chinese ownership.   Herve Olivier, the regional director of SAFER – a government agency that oversees rural land development – believes […]

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 […]

Chateau Margaux focuses its business on high-flying Chinese market

Chateau Margaux has hired Fangyuan Zheng, a business development manager, in Shanghai to overlook the Bordeaux producer’s sales across the region. The esteemed French wine producer is building on its brand and relationships in China – Thibault Pontallier was appointed Margaux’s brand ambassador in Hong Kong in 2010 – in order to take full advantage of the growing […]

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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