This collection, valued at an estimated US$50 million, is reputed to be the “largest and most valuable ever to come to the market.” Read More
Fine wine
Singapore Police Force has busted one of the country’s biggest money laundering cases involving about US$750 million worth of properties, luxury watches, bags as well as expensive wines and whiskies. Read More
China's State Council has introduced a new set of rules loosening its tight grip on wine labeling for imported wines as a way to boost high-quality wine imports amid the country's dwindling wine consumption. Read More
Savvy, young and thirsty, millennial buyers are emerging as the new buying force behind Christie’s two latest large wine sales that generated over HK$52.8 million.… Read More
Auction house Christie’s is kicking off its spring auction season with four impressive sales this month to meet the growing demand for top-quality wines amid Asia’s fast expanding fine wine market. Read More
Sotheby’s has appointed Vanessa Conlin MW as its new Global Head of Wine Retail based in New York as part of the auciton house's expansion of the global wine market and continued investment in luxury categories. Read More
While Burgundy and Champagne continuously build on last year’s momentum, 2022 Liv-ex Power 100 ranking saw Bordeaux further losing attractiveness with no single wine from the region on the top 10 list for the first time, says Liv-ex. Read More
Auction house Sotheby's has appointed George Lacey as its new Head of Wine for Asia, replacing Paul Wong, it has announced in a press release. Read More
In one of its grimmer estimates, Liv-ex warned that with China’s sagging economic growth and political uncertainties, its allure for global wine merchants has dimmed and the country “will not be riding to the rescue of the global wine trade in difficult times ahead”. Read More
Tokyo-headquartered Enoteca has reopened its 75 m² wine store in China's eastern Suzhou after months of renovation, as it plans expansion to tap into wine consumption power of the affluent city of 13 million people. Read More