date:May 13, 2014
imeur sales of 2013 wines, before they are bottled and delivered, to give impetus to the Bordeaux market, amid pressure on growers after cold, wet weather hit the crop. The Liv-ex Fine Wine 50 Index has fallen for the past eight months and is down more than 4% since the start of this year.
Prices are too high, Miles Davis, partner at Wine Asset Managers LLP in London, said in an interview. The system as it is, because of the price, is broken. So if they want to fix the system, its up to the cha