Page 8 - Rupert Millar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

HDH caps off year with ‘record-shattering’ sale 23rd December, 2020 by Rupert Millar US auctioneer Hart Davis Hart has finished its 2020 season with a “record shattering” two-day sale featuring the wines from the cellar of the late Joseph Phelps. The entire collection was 100% sold for a total of US$10.4 million – nearly $2m above the pre-sale high estimate – with 82% of the lots offered selling above their high estimates as well. The first session last Friday featured the wine cella...

Fine wine in 2021: Reasons to be cheerful? 23rd December, 2020 by Rupert Millar Despite the overall headwinds of 2020 the fine wine market has held steady, thrived even, and while this should give confidence going into 2021 there remains a sizeable question mark hanging over the still unaddressed issues arising from Brexit. the drinks business, the broadening of fine wine in the years prior to 2020 has placed the market in a strong position to weather the battering Covid-19 has wrought upon the ...

Sotheby’s fine wine and spirits sales top US$92m 22nd December, 2020 by Rupert Millar Auction house Sotheby’s has announced that its total sales of fine wines and spirits in 2020 totalled US$92 million, with online sales and younger buyers driving demand. Sales in Hong Kong and New York were particularly strong, Asia continued to lead sales overall and the region was the leading market for the third consecutive year. The auctioneer’s “ability to adopt a very rapid digital transformation�...

Piccini sees e-commerce grow 300% in 2020 22nd December, 2020 by Rupert Millar Italian producer Tenute Piccini has recorded a growth in turnover of 6.5% this year thanks in part to e-commerce sales which rose 300% as a result of Covid-19. The company’s year began with the inauguration of a new, €13 million headquarters in Casole d’Elsa alongside an on-going reorganisation of its production processes to improve efficiency and sustainability. The impact of Covd-19 on Italy was a setback but ...

Cristobal Undurraga: Chile can be ‘world leader’ in organic viticulture 21st December, 2020 by Rupert Millar Chile has the potential to be a world leader in sustainable, organic and biodynamic viticulture thinks Cristóbal Undurraga, technical director of Viña Koyle. With Chile’s climate providing low disease pressure and with a low number of serious pests – including phylloxera – Undurraga said he believes, “Chile can be and has the potential to be a world leader not just in sustai...