Sotheby’s News: Brand Publishes List of World’s Best Wine Producers

Sotheby's Wine, Sotheby's Auction House, Sotheby's International Realty, Sotheby's Brand
Sotheby’s has just released their
Inaugural List of the Top Wine Producers

The Sothebys brand is so diverse in its practice, so
revolutionary in our approach. From a remarkable world-renowned
auction house to the constantly growing and evolving Sothebys
International Realty division, there is much to look forward to for
those affiliated with this extraordinary brand. From featuring the
rarest art and most exclusive real estate that can be found
worldwide, Sothebys is also known for being pioneers in some of the
finest wine that can be produced across the globe, the Sothebys
brand has now just published their inaugural rankings of the best
global wine producers.

Domaine de la Romanee-Conti tops the list for this
first ever ranking system that Sothebys has ever produced, all
referencing wine producers over the past year of 2013. The top ten
list goes over the best selling wine producers for 2013 based both
on retail sales as well as at auction. The top selling wine markets
according to various regions are also highlighted in the
report.

As a whole, Sothebys sold $57.9 Million worth of
superb wine at auction in 2013, with a splendid $19.8 Million of
that, or 34%, being sold as single-owner sales. Throughout 2013,
the top lot that sold occurred at the auction house in London for a
case of Chateau Latour a Pomerol 1961 that acquired $167,508 upon
its sale. The next significant sale was from an auction in New York
City at our auction house where Opus One Vertical traded for
$165,000.

With regards to fine wine, Sothebys now has a rapidly
expansive presence in the United States, Asia, and all throughout
Europe. Ultimately, the brands progression in the pricing and
selling of wines has invigorated this niche market as the sales
figures have offered a reliable and constantly changing barometer
of the worlds most sought after wines.

Jamie Ritchie, the CEO and President of Americas and
Asia Sothebys Wine, recently commented on this inaugural ranking
and stated that, “The story of the 2013 Sotheby’s Ranking is the
dominance of Domaine de la Romanee-Conti. Despite very limited
production, strong demand led to high prices, making DRC our
biggest seller globally in 2013 with sales of $7.2 million.
Bordeaux was also heavily in demand making up 60 per cent of
auction sales, Champagne led retail sales, and the $165,000 Opus
One Vertical was only narrowly beaten to the top of our list of
highest prices.”

When one considers what is luxury, there are not many better
brands that epitomize exactly what it is all about. Every facet of
the luxurious lifestyle is catered to by Sothebys, and our
willingness to push the envelope and expand our avenues even
further is brilliant. The diversity of this brand is unrivaled, and
the publishing of such data on their wine auctions will go a long
way to transforming the market due to these valuable high-level
snapshots of global wine demand. This indeed is the evolution of
the extraordinary, this is who we are at Sothebys.

More Information: The Economic
Times

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