Burgundy and Italy lead fine wine in November

Burgundian and Italian labels performed well in November but the benchmark Liv-ex index declined yet again.

The Fine Wine 100 index, which tracks the 100 most widely traded fine labels on the Exchange, closed November 0.18% down from its October level.

Sassicaia was the month’s best-performing label last month, its 2015 vintage seeing its mid-price rise 27% to £1,690 per dozen.

Armand Rousseau’s 2015 Chambertin was up 20% but none of the other top performers (Masseto 2014, Ponsot’s 2015 Clos de la Roche and Domaine de la Romanée-Conti’s 2014 Romanée-Conti) broke into double digit rises – just over 6% for the first two and over 5% for the DRC.

On the downturn meanwhile were a couple of first growths: 2012 Haut-Brion (-4.4%) and 2000 Latour (-5.4%), some Rhône labels; Beaucastel’s 2015 Chateauneuf du Pape (-4.9%) and Chave’s 2015 Hermitage (-5.1%).

The worst performer though was another Italian label, Tignanello’s 2015 which declined 6.5% to a mid price of £735.

Leave your reply

Most Recent Stories

Amuse-bouches: The latest restaurant news bites

In restaurant news this week: one third of hospitality businesses in the UK fear collapse, chef Sven-Hanson Britt unveils his new project in east London and Tommy Banks teams up with Lord's on a new venture. 

Digital edition of Wine List Confidential 2020 launches

We are delighted to launch the online edition of this year's Wine List Confidential guide, profiling London's top 100 wine-focused eateries you need to visit when restrictions are lifted. 

Deli vision: how restaurants are changing shape

With England still in the grips of a second national lockdown, many London restaurateurs are soldiering on undeterred, turning their venues from dining rooms to delis in order to keep their businesses going during the pandemic.

Pubs in parts of Scotland to close from Friday

Restaurants, pubs and bars in 11 council areas in Scotland, including Glasgow, will be required to close from 6pm on Friday, the Scottish government has announced. 

Giant Italian food hall Eataly to open in London

Eataly, a 40,000 square foot Italian food and wine hall, will open in London’s Liverpool Street next year, marking the UK debut of the popular Italian brand.

Most Recent Stories

Amuse-bouches: The latest restaurant news bites

In restaurant news this week: one third of hospitality businesses in the UK fear collapse, chef Sven-Hanson Britt unveils his new project in east London and Tommy Banks teams up with Lord's on a new venture. 

Digital edition of Wine List Confidential 2020 launches

We are delighted to launch the online edition of this year's Wine List Confidential guide, profiling London's top 100 wine-focused eateries you need to visit when restrictions are lifted. 

Deli vision: how restaurants are changing shape

With England still in the grips of a second national lockdown, many London restaurateurs are soldiering on undeterred, turning their venues from dining rooms to delis in order to keep their businesses going during the pandemic.

Pubs in parts of Scotland to close from Friday

Restaurants, pubs and bars in 11 council areas in Scotland, including Glasgow, will be required to close from 6pm on Friday, the Scottish government has announced. 

Giant Italian food hall Eataly to open in London

Eataly, a 40,000 square foot Italian food and wine hall, will open in London’s Liverpool Street next year, marking the UK debut of the popular Italian brand.