Drinks Business: Bordeaux slump hits auction figures

| July 5, 2012

The Drinks Business website has this news item:

The world’s five biggest auction houses have reported a 25% slump during the first half of 2012 as investors adopted a cautious approach to the big names and Chinese buyers shifted their focus towards Burgundy.

Despite upbeat reports from many houses, Bloomberg reported that the big five – Acker Merrall & Condit, Zachys, Christie’s, Sotheby’s and Hart Davis Hart – saw wine sales slip to £160 million during the first six months of 2012.

Read more.

Category: News, Wine News

About the Author ()

Berry Crawford's day job is in the web techology field but his off hours are largely spent thinking about or trying food and wine. His is blessed with a beautiful wife and two wounderful daughters. You can reach him at bcrawford [at] wineberserkers.com.

Comments are closed.