🍾Uncork the latest insights into the 2024 Champagne market! 🥂 Dive into Cru Wine's comprehensive report to see what's bubbling up in the world of fine wines & spirits!
In light of The Economist's recent coverage on the booming Champagne market and the ground breaking Sotheby’s Champagne auction, which saw a record EUR1.35m in sales with an impressive 50% of the lots exceeding the high estimate, it's an opportune moment to re-evaluate Champagne's long-term potential. Our Senior Portfolio Manager Matthew Small examines the current market in detail in our 2024 Champagne Report. Examining the Liv-Ex Champagne 50 index, which monitors the performance of the most recent vintages of the 13 most actively traded Champagnes, presents nuanced picture. Currently trading at a 27% discount to its previous high in October 2022, the index has experienced a correction. Despite this, Champagne remains the highest-performing sub-index in the wine investment universe, with an impressive 40.8% return over 5 years. So, what's next for this effervescent beverage? Click the link below to find out more https://lnkd.in/eXca6v8r