My latest in Meininger Wine Business International:
The cost of land in some of the world’s most prestigious regions has now separated from the value of the grapes produced.
L. M. Archer analyses the situation.
What’s the price of success today in France’s prestige wine regions? For Burgundy, about €33m ($40.37m) — the estimated cost per hectare for the recent purchase of 7.53 ha Monopole Grand Cru vineyard Clos de Tart by billionaire François Pinault. Full article available to subscribers here.
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