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    South Africa fine wine buyers break auction record
    South Africa has continued to build its reputation for fine wine after the country’s second record-breaking auction within two months raised more than ZAR8.4m (US$843, 000). The 14.5% increase in the price paid per litre at the 29th Nedbank Cape Winemakers Guild Auction was more modest than the 91% surge seen at the annual Nederburg auction […]
    Europe drags on Moet Hennessy Champagne sales
    New figures show weaker demand for Champagne in Europe has weighed on Moet Hennessy and its owner, LVMH, in the firms’ financial year-to-date, but the groups are optimistic for the 2013 harvest. (Dom Perignon is growing strongly in Japan and the US) The pace of Champagne sales growth at Moet Hennessy has slowed in 2013, […]
    Bordeaux 2013: Medoc chateaux lifted by Cabernet harvest
    Several Medoc wine chateaux are upbeat on the state of their 2013 Cabernet Sauvignon harvest, as picking draws to a close earlier than expected. The last chateaux to bring in their Cabernet Sauvignon and Petit Verdot include Chateaux Montrose, Lafite Rothschild, Prieuré Lichine and Léoville Las Cases. All are due to finish by 16 October. […]