A case of 2004 Chateau Latour, a first-growth wine estate in Bordeaux’s Pauillac district north of the city, sold for 3,366 pounds ($5,500) on Liv-ex this week, its lowest level for six months amid weakening Bordeaux demand.
Four cases of 2008 Chateau Latour, a Bordeaux first-growth estate, sold for 4,000 pounds ($6,410) a case in three trades on Liv-ex this month, taking the vintage to its lowest level on the London exchange since February 2010.
Thirty bottles of 2000 Chateau Latour, a Bordeaux first-growth estate, sold for the equivalent of more than $13,000 a case in four trades on Liv-ex this month, holding stable near the seven-month low it touched in September.
French billionaire Bernard Arnault and U.S. financier Henry Kravis browsed France’s largest art fair as a Jean-Michel Basquiat painting and a wrecked Ferrari were among early big-ticket sales last night.
Francois Pinault’s Artemis SA holding company, through which he controls PPR and its luxury goods brands including Gucci and Yves Saint Laurent, went back on trial in a $4 billion California junk-bond case.