End of the crisis? Fine wine demand rebounds
End of the crisis? Fine wine demand rebounds
Apr 23, 2010 6
In a possible sign the financial crisis is over - for some people, at least - demand for fine wine is rebounding.
Three cases of 2000 Chateau Lafite Rothschild fetched HK$266,200 ($48,315) each at Sotheby's in Hong Kong this month, about three times the US$11,749 ($16,554) for 12 bottles of the same wine at a New York auction at the height of the financial crisis in October 2008.
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