BUR­GUNDY ON A ROLL

Hong Kong Tatler - - News -

ACKER MER­RALL & CON­DIT AUC­TIONED MORE BUR­GUNDY THAN BORDEAUX LAST YEAR FOR THE FIRST TIME—41 PER CENT OF ALL WINE SOLD BE­ING THE FOR­MER AND JUST 32 PER CENT THE LAT­TER. A FEW YEARS AGO BUR­GUNDY AC­COUNTED FOR LESS THAN 10 PER CENT, BUT ITS LIMITED PRO­DUC­TION AND GROW­ING POP­U­LAR­ITY, PAR­TIC­U­LARLY IN MAIN­LAND CHINA, HAVE PUSHED SALES THROUGH THE ROOF. “BORDEAUX MIGHT HAVE TO GET USED TO THE TASTE OF THE SIL­VER MEDAL AS OP­POSED TO THE SIL­VER SPOON,” THE FIRM’S JOHN KAPON SAYS. “THE DE­MAND FOR BUR­GUNDY ISN’T GO­ING DOWN.” THE FINE WINE AUC­TION MAR­KET ENDED UP IN 2014, WITH MOST FIRMS POST­ING HIGHER REV­ENUES THAN THE YEAR BE­FORE. ACKER MER­RALL & CON­DIT LED WITH GLOBAL SALES OF US$62 MIL­LION. IT IS THE NO. 1 AUC­TION HOUSE IN HONG KONG AND NEW YORK FOR WINE SALES. THE TOP-SELL­ING BUR­GUNDY BRANDS WERE DO­MAINE DE LA RO­MANÉE-CONTI, COMTE DE VOGÜÉ, LE­FLAIVE AND GE­ORGES ROUMIER.

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