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 […]
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 […]
2012 European harvest worst in 50 years, according to experts
Bad weather across Europe has led to a terrible harvest this year, with wine experts expecting a 20 per cent drop in the grape harvest in France compared to last year. The Champagne and Burgundy regions have been hit particularly badly, with the Chardonnay grape being affected more than most by the inclement weather. These areas […]
Bordeaux concept wines launched
Capital Vintners is excited to hear that four Michelin-starred chefs and Arnaud Christiaens, a French hedge fund manager and oenophile, have joined forces to create a new wine brand from four different Bordeaux appellations. The chefs – Bruno Menard, Frederic Anton, Alain Dutournier and Yannick Alleno – have been working with Gerard Basset, a World Champion Sommelier, […]
Chateau Margaux hires Foster to update cellars
Renowned British architect Sir Norman Foster has been hired to revamp Chateau Margaux. The renovation will include an underground bottle library for past vintages and a new vinification cellar, where reds and whites will be able to be vinified in the same part of the estate for the first time since the 1970s. The estate will also […]
