It is expected that 2024 will be one of the smallest vintages in recent history for renowned wine regions like Burgundy, Champagne, and Bordeaux, while the impact on Burgundy prices remains uncertain. Read More
France
Joe Tsai, chairman and co-founder of Alibaba Group, has reportedly purchased vineyard plots in Burgundy’s prestigious Gevrey-Chambertin, located in the renowned Côte de Nuits wine region. Read More
Leading French alcohol industry associations have voiced strong protest over the "unjustifiable" duties on EU brandies and urged European and French authorities to resolve the issue within two months. Read More
LVMH dominated the top 10 list, while China's Changyu came in fifth on the world's top 10 most valuable Champagne and Wine brand list. Read More
The Liv-ex Fine Wine 100 index, a key measure of fine wine trading on the London-based Liv-ex exchange, dropped 3.4% in the first half of 2024, highlighting a broader slowdown in the high-end wine market that mirrors similar trends in China. Read More
Chinese customs officials have seized 670 bottles of top Bordeaux, including Lafite, Latour, and Margaux, in a smuggling case valued at more than RMB 3 million (about $410,000). Read More
A former executive of a Singapore-based wine investment company has been arrested after evading authorities for 13 years, accused of defrauding over S$12 million from wine buyers. Read More
Louis Roederer has launched the second series of its "Solar Panel" art project, featuring close-up photographs of Chardonnay vine leaves. Read More
As the Paris Olympics are in full swing, French wine sales are skyrocketing in China. Read More
Jeanne Delaunay, the sixth generation appointed to steward her family’s legacy in Languedoc and Burgundy, talks to us about often fraught generational transition of wine business and goals for Abbotts & Delaunay. Read More