News

May 30, 2015


FINE & RARE WINES FEATURING ESTEEMED CONNOISSEUR MR YAP CHEE MENG'S PRIVATE COLLECTION

Total: HK$25,527,259 / US$3,308,333

“Exceptional wine of the finest provenance drew bidders from all over to compete actively for the single owner collection from Mr Yap Chee Meng and ex-cellar lots of prized Rhône and Chablis from E.Guigal and Domaine Laroche. Collectors were especially keen to acquire vintages aged and ready for drinking and enjoyment. As wine aficionados in Asia mature in their taste palates, buying has also expanded beyond traditional reds to other classic regions by the likes of the Loire Valley and beyond.” said Simon Tam, Head of Christie’s China Wine Department.

 

 

http://www.christies.com/sales/fine-and-rare-wines-hong-kong-may-2015/index.aspx

May 27, 2015


Seppeltsfield 100-year-old port gets a luxury Lalique crystal makeover worth $10,000

WHEN does a fine wine become fine art?

South Australian winery Seppeltsfield has answered the question by stepping into the world of high culture and design with its latest blend of Barossan fortified.

The winery has partnered with luxury French crystal house Lalique to release a rare 100-year blend of tawny “port” in an exclusively crafted decanter to go on sale this week for $10,000.

Only 150 of the pieces have been made worldwide, to be unveiled Wednesday and Thursday in $150 a head tasting events in Melbourne and Sydney.

The association with Lalique puts Seppeltsfield in the same realm as global luxury brands such as Bentley, Salvatore Ferragamo, Hardy Cognac and Macallan, all of which have chosen the French fine crystal maker to collaborate in bespoke releases.

Founded in 1888 by Rene Lalique, regarded as a leading Art Nouveau and Art Deco artist and by many as the creator of modern jewellery design, Lalique is famed for its artisan craftsmanship and distinctive clear and frosted finish glassware.

The Seppeltsfield Decanter design reflects the iconic palm trees surrounding the western Barossa estate, as well as reflecting the winery’s famous tear-shaped Para Liqueur bottle of the 1950s.

The crystal decanter is housed in a case designed by Barossa craftsman Andrew Pywell who has reworked 300 year old Jarrah timbers previously used in wine spirit vats into decahedron-shaped boxes.

 

Supplied Editorial Seppeltsfield Decanter

Fit for a king ... Seppeltsfield’s Lalique decanter. Picture: Supplied Source: Supplied

 

In this package, a typical 30ml sip of the fortified wine will set you back a cool $400.

The wine adds to Seppeltsfield’s portfolio of celebrated 100 year old vintage specific tawnies, the name we now use instead of “Port”, with a rare blended fortified wine stretching over 12 different vintages between 1886 and 1970 assembled by winemaker Fiona Donald and managing director Warren Randall.

“We wanted something that showed the sheer age capability of Seppeltsfield’s Tawny parcels,” Mr Randall said.

The wine is considered to be the first 100 year old average aged Tawny Port of its type in the world.

The history and craftsmanship of Seppeltsfield attracted Lalique chairman Silvio Denz to the partnership.

“Seppeltsfield has heart and soul,” Mr Denz said.

“(The decanter) carries with it the symbolism of our two great histories,” he said.

The decanter will be launched at Circa The Prince in St Kilda on Wednesday and The Stables at Randwick Race Course on Thursday in $150 per head events which include tastings of the rare blend as well as every World War 1 vintage of the famed 100 Year Old Para Liqueur.

Several already have been sold to international wine collectors and Lalique design followers. The decanter is for sale through Seppeltsfield via chad@seppeltsfield.com.au.

Watch the decanter being made: https://vimeo.com/126891746

 

 

 

http://www.news.com.au/lifestyle/food/seppeltsfield-100-year-old-port-gets-a-luxury-lalique-crystal-makeover-worth-10000/story-fneuz92c-1227371189150

May 20, 2015


GLOBAL PROSECCO SHORTAGE COULD HIT THIS SUMMER

With the global thirst for Prosecco showing no sign of slowing, stocks of the Italian sparkler could dry up by the summer one leading producer has warned.

The lush rolling hills of Valdobbiadene

Speaking to the drinks business during the London Wine Fair this week, Roberto Cremonese, export manager of Bisol said: “Last year’s harvest was very poor, and down by up to 50% in some parts, so there is a very real possibility of a global shortage.

“We’ll find out how big the problem is in August when the brokers release their stock. At the moment we don’t know how much Prosecco they’re holding on to.

“Because there is such a demand for Prosecco, the négociants are releasing it onto the market slowly and are taking it as an opportunity to put prices up, in some cases by 50%.

“The négociants hold the power at the moment as they bought all of the stock. It might turn out that some of them have no fizz left but we’ll have to wait and see.”

Cremonese said that grape growers in the region were also capitalising on the demand by upping their prices and holding out on sales.

While the Prosecco DOCG area of Valdobbiadene escaped the 2014 harvest relatively unscathed, grapes grown in the DOC flatlands had a worse time of it.

“A lot of the vines in the DOC area are newly planted and they ended up soaked – the grapes were rotten and yields were down by half in some cases,” he told db.

“Prosecco is like Champagne in that we need to be able to supply everybody, so I have nothing against DOC Prosecco but the vines need to be planted in the right place,” he added.

While Cremonese admits that the recession helped cement Prosecco’s popularity in the UK as consumers traded down from Champagne in order to save pennies, he highlights that Cava failed to take make the most of the same opportunity.

“The recession definitely helped, but there is more to the boom than that as it didn’t have the same effect on Cava. People love Prosecco because it’s uncomplicated and quaffable. You should never take it too seriously,” he said.

“Prosecco is like driving around London in a Mini not a Ferrari – you don’t need a reason to pop a cork,” he added.

May 20, 2015


KRUG TO HOST CHAMPAGNE AND CHIP POP-UP

Champagne house Krug is to launch a gourmet chip and Champagne pop-up bar in partnership with Michelin-starred chef Tom Sellers.

Tom-Sellers-220x330

Chef Tom Sellers

Serving dishes inspired by the humble chip, Krug & Chips will be overseen by chef Tom Sellers, who runs Michelin-starred Restaurant Story. Known for creating dishes that tell a story, Sellers has previously at Denmark’s Noma restaurant, voted this year’s best restaurant in the world.

Dishes on offer will include “fish in chips” – a potato ravioli with fish in tartar sauce – monkfish cheek curry with matchstick fries, and lobster claws wrapped in potato spaghetti with tartar sauce.

Guests will be offered a glass of Krug Grande Cuvée alongside the pop-up’s chip-inspired menu, with a glass of Krug and one of the dishes costing £35 per person.

Earlier this year Krug launched a more conventional Champagne-pairing pop-up opening a crab shack on London’s Southbank. Krug & Krustacean was organised in partnership with the recently launched London restaurant Beast in Marylebone, which specialises in Norwegian red king crab.

 

 

http://www.thedrinksbusiness.com/2015/05/krug-to-host-champagne-and-chip-pop-up/

April 29, 2015


Thirst for luxury: who would pay £250 for a bottle of spirits?

Britain may be known for having a boozy culture, but investors are hoping we have a taste for luxury as well as alcohol. Illva Saronno, the Italian drinks company that makes the liqueurs Tia Maria and Disaronno, this week revealed it will make an audacious new push into the UK with a special blend costing £250 a bottle.

The UK spirits industry is big. In total last year, it made a profit of £721.3m on sales of £4.1bn generated from 122 companies, according to IBISWorld. The research body also forecasts that revenue will increase at a compound annual rate of 1.8 per cent over the five years to 2020.

But what is it that convinces Illva Saronno’s chief executive, Augusto Reina, that now is the time to expand further in Britain? What is it about luxury drinks, many endorsed with a celebrity name, that attracts the public? And which other companies are cashing in?

Reasd more here; http://www.independent.co.uk/news/business/analysis-and-features/thirst-for-luxury-who-would-pay-250-for-a-bottle-of-spirits-10283286.html

Illva Saronno expansion

The luxury drinks brand is launching its new product, Disaronno Riserva, across the world and it will hit British shores in the second half of the year. It is produced by mixing Disaronno with Scotch whisky in oak barrels that previously contained marsala wine reserves.

Pension Reform, Fine Wine and Taking Control

April 2015 brings us a new dawn in the way we look at pensions.

Under the new rules those over this age threshold will have total freedom to access their pensions when reaching retirement. It is now possible to take pension benefits from personal pensions without buying an annuity. 

This means that retirees will be able to withdraw capital from their personal pension and have greater control on how their hard-earned cash benefits them in the future. Now is the time to think hard about the future and be honest about what you want your pension pot to deliver and of course consult a financial adviser.

It is best to think about your goals. Short, medium and long term, and of course your commitments.

Investors are wise to diversify to minimise risk and enhance returns and a rounded portfolio will include traditional investments including equity-based products along with alternative assets and in particular tangible ones with a strong growth performance such as fine wine.

Remember that the Fine Wine market has a track record of providing average compound returns of more than 10% per annum in the medium to long term.

It also has many other benefits like the tax efficiency, which is particularly important for pension investors and generally resistant to the effects of inflation.

Fine wine is now considered by financial advisors as a means to diversify and strengthen investment portfolios.
A recent article published by Knight Frank (Wealth Report 2015) canvased the opinions of 500 wealth managers and the investment practices of their Ultra High Net Worth Clients. The report states that 6.1% of this total investment is in tangible assets including fine wine. They stated that “In our experience UNHWIs are becoming concerned about paper assets such as bonds and equities and are increasingly looking for tangible alternatives. The scarcity of luxury assets and their historic ability to hedge against inflation makes them an appealing investment proposition – it is always possible to commission a new yacht, but nobody can paint another Monet or build a classic Ferrari.” Saeed Patel,Investment Analyst Schroders


In the same respect, no-one can recreate a Lafite 1982 which at release was priced at 25.9 euros a bottle in 1983 en primeur, and at its peak reached £84,300 (1 x12-bottle case) at auction.

There is a finite amount of investment-grade wine globally and the opportunity to acquire wines from super vintages become even rarer over time. This scarcity increases again as wines reach their drinking windows.

For the new pension investor the timing could not be better to enter the fine wine market. The current price trend in Bordeaux offers superb opportunities for long term growth. The market is perfect positioned to adopt the old adage of buy at the bottom and plan to exit at the top.


For more information on the opportunities available right now contact our team on 0800 980 4509 and catch up with news and views in our free newsletter.

Top 10 alternative investment options for 2015

Following ten options will guarantee you’re well placed to maximize your investment potential and agile enough to change tact if required.

Fine wine

Very few people look at fine wine as a good type of investment. That’s probably because the industry is only packed with professionals. Before spending any money on wine, you should understand and get a “feel” of the market. Start small and stick to wines with a proven track record, such s Bordeaux, Burgundy or Mouton Rothschild. Rather than take unnecessary risks and be sorry later on, it’s best to play it safe. There will be plenty of time for taking risks down the road.

 

For the full article use the link below

http://invezz.com/contributed/equities/17318-Top-10-alternative-investment-options-for-2015

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