A recent survey commissioned by fine wine merchant Bordeaux Index suggests that the pandemic has led to a surge of interest in fine wine buying – either for immediate consumption or longer term investment.
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BI, the fine wine and spirits merchant, has reported something of a boom in its fine wine sales during the era of coronavirus, with sales of both US and Italian wine leading the pack.
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Wine tariffs introduced as part of a transatlantic dispute on aeronautics have provided something of a boost for Italy on the secondary market, with the value of the country’s top wines increasing by an average of 12.5% during 2019 on a leading UK platform.
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Fine wine and spirits merchant BI has reported an 8% increase in annual turnover to £95 million boosted by a hike in sales to UK buyers.
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Fine wine and rare spirits merchant BI has reported a 6.1% hike in turnover to £51 million for the first half of 2018.
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Fine wine trader BI has reported a 43% uplift in turnover to £50m for the first half of 2017, marking the strongest period of sales for the company for several years.
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