5.8 wine investment companies / retail sector Flashcards

1
Q
  1. ) What are investment grade wines?
  2. ) Name 3 examples!
  3. ) Why are they so expensive?
A

the most sought after & expensive wines in the branch

  1. ) e.g. Bordeaux premier cru classé
    e. g. Burgundy grand cru
    e. g. top Napa valley wines

3.) rarely to get

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2
Q
  1. ) Who sells this rare bottles?
  2. ) Where does these guys buy these wines?
  3. ) to who they are going to sell them?
A
  1. ) a few specialist wine retailers & companies (brokers)
  2. ) direct from producer or merchant
  3. ) customers who bought them before or expressed interest
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3
Q

How does a broker act if it comes to rare wines?

A
  • customer is searching special wines
  • a broker often act on the behalf of the customers
  • put them in touch with producer or merchant
  • will get a commission
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