The Liv-ex Power 100, produced in conjunction with The Drinks Business Magazine, their annual list of the most powerful brands in the fine wine market. The Power 100 is a snapshot of the ever-changing landscape of the secondary market and this year’s list caught Burgundy at the very height of its latest upswing. For the […]
The Liv-ex “Power 100” 2022 – All About Burgundy Read More »
The Bordeaux Index has reported sales growth of almost 50% year in 2021, to a company record total of US$174m. Increased activity in Asia and the US (where trade tariffs on many French wines were suspended in Q1) has been most significant. The Bordeaux Index has also seen pronounced gains in the UK. Their client
Bordeaux Index records a 47% sales growth in 2021 Read More »
BlockBar, the world’s first direct-to-consumer NFT platform for wine and spirits has just diversified further by launching a gifting capability comprised of 300 bottles of Penfolds. This new initiative lets the BlockBar community gift a highly coveted collectible wine or spirit connect the physical and digital world. In fact, BlockBar says the market for investing
BlockBar NFT Gifting Platform Launches with 300 Bottles of Penfolds Wine Read More »
2021 has been an exciting year…. All previous records set in 2020 have been broken and surpassed in 2021, marking the most successful year ever for the secondary fine wine market. Fine wine trading continually broke new ground in terms of the value of wine traded and the sheer breadth of wines now active in
The 2021 Fine Wine Market Report [Liv-ex] Read More »
According to Liv-ex, Italy has become a ‘dominant force’ on the fine wine market, with the country’s previously under-represented regions rising in importance on the secondary market. Last year Italy’s sub-index increased 12.2%, and the increased trading of Italian wine on the secondary market trade has shown Italy becoming the third most traded category, according
Italy Becomes ‘Dominant Force’ on the Fine Wine Market Read More »
The Italian Wine Crypto Bank (IWCB), the only global wine bank based on blockchain and cryptocurrency launched today (September 21, 2021) what it calls “the first cryptocurrency in the world entirely guaranteed by wine.” The coin used is called IWB and this evolutionary utility token is tradable through LATOKEN Exchange on the secondary market, particularly
The World’s First Wine Bank Launches Cryptocurrency Read More »
New categories of wine are entering the secondary wine market for the first time, with trading up by 70% from 2019. Bordeaux, which once dominated the secondary market, now has a share of trade less than half of what it was a decade ago. But it hasn’t fallen out of favour – rather, its share
The 60th anniversary of the Hospices de Nuits-Saint-Georges Wine Auction takes place this Sunday, March 14th, in Burgundy, France. The event will take place at 2:30 p.m. within the grand cellar of Château du Clos de Vougeot and will be streamed live. ‘The auction is strictly limited to 150 people this year, previous between 300
Burgundy’s Hospices De Nuits-Saint-Georges Wine Auction Takes Place Sunday March 14th Read More »
Despite the headwinds of 2020 – tariffs, Brexit uncertainty and the global pandemic – the wine market has remained robust. Today’s post examines what has changed and offers an explanation as to why we are seeing greater confidence in the market during these exceptional times. Increased liquidity One of the key changes this year is
Why has confidence in fine wine increased in 2020? Read More »
US voters and political animals of all stripes are nervously/eagerly examining every potential outcome of one of the tensest US elections of recent times but what effect could the outcome have on the fine wine market and tariffs placed on European wines? Last year the current incumbent of the Oval Office, President Trump, embarked on
How will the US Election Impact the Fine Wine Industry? Read More »
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