Latest from Westgarth

Liv-ex March Recap

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The Liv-ex 100 index dipped slightly in March, dropping 0.4%, matching February’s decline. The Liv-ex Fine Wine 50 held relatively steady until the last week of the month when it drifted, eventually closing March on 268.17, down 0.6%.

Are Bordeaux Primeurs Dead?

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Citing overpriced poor vintages, Robert Parker believes that Bordeaux has destroyed its futures market and that buying en primeur has lost all appeal for collectors. Parker believes classed growth chateau owners have set release prices at such a high level, no advantage was to be had by purchasing the wine before bottling.

Lower Prices Unlikely For 2014 Bordeaux

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Despite pleas from Bordeaux customers to keep 2014 prices down, producers have indicated that the request is highly unlikely.

Bordeaux 2014: U.S. Buyers Back on Track?

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After four years of not buying, U.S. Bordeaux buyers appear to be back on track according to Philippe Larche, sales director for Bordeaux negociant Vintex. The growing reputation of the 2014 vintage is helping fuel the return, along with a stronger U.S. dollar.

Burgundy Leading Auctions Ahead Of En Primeur Campaigns

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Photo: Zachys Wine Auctions

Château Latour Announces Next Releases

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2012 was the last time Château Latour participated in the en primeur system and has since moved to an annual re-release of recent vintages ahead of the en primeur campaigns, as well as a small release of older vintages in September. Latour’s pullout of the en primeur system was to allow them to release wines when it considered them “ready”.

Robert Parker Will No Longer Taste Bordeaux en primeur

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After more than three decades of reviewing en primeur, Robert Parker has announced that he is handing over en primeur tasting responsibilities to British reviewer, Neal Martin. While Parker has stated it is not a retirement, he will still cover the region’s wines from bottle.

Optimism Grows From Positive Momentum of Liv-ex Bordeaux 500

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If you bought Château Haut Bailly 2009 six months ago, your investment would have already grown 62.4% in value. Robert Parker’s decision to upgrade his score to 100 points has helped fuel the massive rise in value, but beyond Château Haut Bailly 2009, the top twenty performers on the Liv-ex Bordeaux 500 are up 15% or more since July 2014.

Investor Revival for Bordeaux?

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After three years of declining Bordeaux prices, signs are emerging that point to a revival of interest among investors.

Chateau Mouton Rothschild auction brings in HK$32 million

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The first ever ex-chateau auction of Mouton Rothschild last week at Sotheby’s Hong Kong gallery brought in HK$32 million (US$4.1 million), more than double the pre-sale estimate of HK$13 – 20 million / US$1.6 – 2.5 million.

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