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Source: Common Domain

Burgundy Powers Fine Wine Sales

Tuesday 06:59 GMT

That truth was confirmed by Sotheby’s Wine, which is reporting Monday that its total wine and spirits sales rose to more than US$100 million in 2018, up from US$64 million a year earlier.

The Burgundy 150 index created by Liv-ex, a firm that tracks the wine trade, has soared nearly 169% since 2010, while the market share for Burgundy has climbed to 14.5% by value, from 1% in the same time period, Liv-ex said in a recent report on Burgundy.

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