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 Europe
EU wine regions lobby against vineyard extension plans The European Commission (EC) expects to see a freeing up of planning rights across European vineyards starting in January 2016. This could completely change the landscape of the European wine industry. So far 15 EU countries – including France, Italy, Spain and Portugal – have formally objected to proposals […]
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 […]
Capital Vintners: Brazil to double fine wine consumption in next four years
The Brazilian Wine Institute and the Brazilian Association of Supermarkets want to double the total consumption of fine wine in the next four years to forty million litres. The Brazilian government has ignored calls to put quotas on imported wine and allowed a more worldwide wine market to thrive in the country. The BRIC – Brazil, Russia, […]
Bordeaux 2009 classics
A couple of fantastic Robert Parker-endorsed Bordeaux 2009 wines are making a splash right now. Here at Capital Vintners we know that Bordeaux wines are always a great investment opportunity, with two wines in particular proving to be successful right now. The Chateau Angelus 2009 and the Chateau Cos D’Estournel 2009 both featured in Robert Parker’s ‘Magical 20’. Parker […]
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 […]
