Bordeaux 2014: Lower Prices Ahead?
The last few vintage in Bordeaux have been challenging. Weather has played a part, but the market for Bordeaux has also taken its toll. The Bordeaux bubble may have burst as collectors have become more interested in other regions. To remedy slow sales, the seventh generation wine merchant and Chairman of London's Berry Bros. & Rudd, Simon Berry, has put the call out for growers to cut 2014 prices. If you enjoy fine wine and buy premium wine, this may be your year to stock up! Time will tell if Bordeaux heeds Berry's advice.
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Bloomberg