Wine auction sales top $350 mln; Champagne anyone?
Wine auction sales top $350 mln; Champagne anyone?
Dec 28, 2010 6
(Reuters) - Auction houses sold more than $350 million worth of wine worldwide in 2010, an amount roughly in line with or exceeding their pre-recession levels of 2007. And all of them credited their sales in Hong Kong or Asian buyers for the spike in sales figures.Sales in Asia were "particularly robust" said John Kapon, president and auction director of Acker Merrall & Condit, which reported total sales of $98.5 million for 2010.
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