Fine wine got off to a slow start in the first month of 2023 at fine wine investment platform Cult Wines, deflating a more encouraging bubble which began towards the end of 2022.
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Leading fine wine and spirits merchant Bordeaux Index posted a record sales value of $174m (£128m)in 2021, with turnover rising by almost 50% year on year.
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Wine Australia has recently announced a partnership between its own Australian Wine Connect platform and industry events organiser Vinexpo’s digital platform Vinexposium.
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A new platform that allows consumers to invest in wine is being launched by Cult Wines, the global fine wine collection management and investment company.
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Ferovinum, the company that provides capital against wine and spirits inventories, has unveiled a new funding facility with BCI Finance that will enable it to increase the scale of its support.
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An ambitious new wine discovery platform is soon to launch with the aim of becoming the “biggest wine platform in the world,” according to its creators.
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Wines of South Africa (WoSA) has launched a new digital marketplace — Wines of South Africa Gateway — pitched as a single tool for the country’s producers to interact with the trade globally.
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My Wine Society has launched a new app it has dubbed “Facebook for wine”.
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