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Private clients invited to bid at Hospices de Nuits sale 6th January, 2021 by Rupert Millar Burgundian producer Maison Edouard Delaunay is allowing a limited number of private clients the chance to bid at this spring’s 60th Hospices de Nuits auction. The Hospices de Nuits owns the monopole of premier cru ‘Les Didiers’ Taking place on 14 March, the sale is normally open to trade buyers only but this year it has been agreed that the négociant can allow a number of private collectors to bid ...

Fine wine stays stable to see out 2020 6th January, 2021 by Rupert Millar Liv-ex’s main indices, the Fine Wine 100 and Fine Wine 1000 both ended the year with positive gains in December after a robust year for the secondary market. The Fine Wine 100 rose 0.75% in December and the Fine Wine 1000 0.71%, both indices finishing the year in positive territory, up 5.4% and 2% respectively. With the coming of the pandemic bringing widespread disruption, especially to the on-trade, the first half of 2...

Chinese tycoon Jack Ma lays low 6th January, 2021 by Rupert Millar The Chinese billionaire and château owner Jack Ma has not been seen since October and is thought to be laying low following his public criticism of China’s national financial regulators. In October last year Ma delivered a speech at a summit in Shanghai criticising government policies and state run banks, which apparently infuriated president Xi Jinping. National regulators, the very body Ma had condemned, then called Ma and o...

Zachys sales top US$85m in 2020 6th January, 2021 by Rupert Millar Fine wine auctioneer Zachys saw total sales of just over US$85 million in 2020 across 40 sales, which included the company’s first sales in London and a full barrel of Burgundy. The auction house sold 173,847 bottles in total across 30,204 lots and 40 sales. Out of that total, 10,217 lots were Burgundy which realised $36.4m overall, including the year’s top lot, a 228-litre barrel of Domaine Fourrier’s 2019 Chambolle Musign...

Marston’s to take over 150 Welsh pubs 23rd December, 2020 by Rupert Millar UK brewer and pub operator Marston’s is to take over the running of the entire portfolio of Wales-based brewer Brains after the business was put under “significant pressure” by Covid-19 restrictions. The Welsh brewer was forced to shutter 100 pubs earlier this month as the Welsh government put in place a fresh raft of stringent measures in a bid to control the spread of Covid-19. The disruptions of the last lockdo...