The Winery Alain Perraud of Burgundy

AXA Millésimes has expanded its footprint in California by purchasing Platt Vineyard on the western reaches of Sonoma Coast for an undisclosed sum. The French insurance giant’s wine division made its first foray into the Golden State when it bought Napa Valley winery Outpost back in 2018. Managing director Christian Seely has been on the hunt for a vineyard of similar quality to produce Pinot Noir and Chardonnay ever since. AXA Millésimes jumped at the opportunity to snap up the 111-hectare Plat ...

The latest edition of Liv-ex Power 100, which lists the most powerful fine wine brands, shows that the period between October 2020 and September 2021 experienced a rebalancing of the market, with a number of classic labels returning to prominence. Château Lafite Rothschild re-entered the top 10, moving from 11th to 2nd place, while fellow First Growths Mouton-Rothschild and Margaux have also risen, to 6th and 10th place respectively. Petrus also re-entered the top 10, now at 7th place after a ye ...

Anecdotal evidence suggests that sales decreased significantly compared to the previous year, with volume and value sales down by as much as 60% in a few cases. In some instances, sales of usually bankable wines crashed to almost zero, according to the merchants that Liv-Ex polled. ‘Yet again, many buyers and collectors have had to ask what purpose the time-consuming event serves when it delivers such pitiful revenue, and who precisely it is for when it offers little compelling value,’ said Liv- ...