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“The wealthy we see buying fine wines today are buying them to drink [now],” says Nick Pegna, global head of wine & spirits at Sotheby’s. “They are interested in wine and the experience. They are ...
Fine wine has had a compound annual growth rate of 10% over the last 30 years, according to the Liv-Ex investables index, which tracks the going rates for fine wines.
Read Cult Wines' entire 2022 market outlook here. Fine wine can continue to post healthy performance and carry over a fantastic 2021 campaign into 2022.
The global market for premium wines and fine dining continues to show strength and resilience. Now, the eyes of the industry ...
Fine wines fit this demand well. Although it already features in 45% of HNW portfolios, with average allocations of 13%, I think fine wine looks set to become even more popular.
CLEVELAND, Ohio – Royal Park Fine Wines is holding its first tasting of the year Saturday, Feb. 11. The tasting, which is 3 to 5 p.m., will be guided by sommelier Mike Frantz of Banfi Vintners ...
The stream of clients entering Lincoln Fine Wines in Venice on Monday offered a sense of “normalcy” for owner Nazmul Haque two days after a thief broke in and made off with roughly $600,000 ...
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