Wine investments are flavour of the month

Article Abstract:

The market for fine wines has seen rising prices in the three years to 1997. Imports are cheaper due to a rise in the value of pound sterling, and 1996 vintages can be purchased more cheaply than those of 1995 at opening prices. Robert M. Parker Jr has written 'Wine Advocate' which is very influential in the market. Investors should use reputable wholesalers. Some companies have made unrealistic claims about the possible returns from wine investments and have been wound up after a petition by the United Kingdom Department of Trade and Industry.

Wine & Brandy, Economic aspects, Prices and rates, Collectibles, Collectibles as an investment

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LVMH

Article Abstract:

LVMH is a French luxury goods concern which has a number of premium brands such as Louis Vuitton luggage and Moet and Chandon champagne. The company also owns 20% of Guinness, and some media brands. Earnings have been affected by problems in the Japanese economy, but demand has recovered in other markets. Luggage sales account for half the operating profit of the group. Cost in the wine and champagne business are dropping and this is helping to boost margins.

Effervescent Wines, Table Wines, Luggage Manufacturing, Luggage ex Plastic, Luggage, Sparkling wines, LVMH Moet Hennessy Louis Vuitton S.A., Leather luggage, Luggage industry

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Drinking to the future

Article Abstract:

Fine wines or spirits can be an excellent gift either for immediate enjoyment or to be kept as an investment. Tips are provided on how to invest in fine wine, and which wines to choose.

Wine

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