Wine In The News

Here are a few items that caught my eye this morning: 

* Wine investments are not necessarily something I have the luxury of doing, but it is still interesting to see how it plays out in the world market. CNBC is reporting that the Liv-ex Fine Wine 100 is down a full 33 percent from its peak. While Bordeaux may be losing value, Burgundy is holding on strong.

* About a year ago, when I first started paying attention to wine, everyone was talking about the influx of Chinese money in Bordeaux and the booming wine market in China. (Go see the Red Obession if you haven’t done so already). Bloomberg reports today that it’s no longer just France: Billionaire South African Family Sells Wine To China Rich.

* Virginia’s RdV Vineyards is now open for public tours, reports Eater DC. I’ve been eager to go down for a visit and try the wines, however getting someone to join me may be tough. At $50 per tour, I quipped over on twitter that Virginia may be thinking of itself as Napa. IMHO, it’s a little too soon, but the optimist in me is hoping the tour will be worth the price.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s