Wickens & Co were delighted to feature in Tatler HK’s December 2013 line up of premier wine merchants giving particular coverage to our new online store onlinewinehongkong.com and our collection of old and rare wines ( all with excellent provenance )
Wickens & Co blazing a trail to excite the palate
An investment in wine has been one of the best places to put your money of late. The Liv-ex Fine Wine Investables Index has gained 42% in the past year, and purchases by Chinese buyers helped that advance. To find out what’s ahead for the market and how investors large and small can profit, we talked to Stephen Wickens, managing director at Wickens & Co in Hong Kong. The company provides consulting for wine investment and portfolio management…
HK Golfer joined 50 other participants for an extraordinary day of wine tasting and socialising at the Independent Wine Centre’s (IWC) “Le Grand Day of Indulgence”, held at the Grand Hyatt. As detailed in our August issue, the event, which took place on September 18, featured a stunning range of over 30 wines, including a magnificent 1986 Chateau Mouton Rothschild, Chateau d’Yquem (including a 1962 vintage), legendary champagnes and many others.
Asia’s increasing interest in wine is “exponential”, says Stephen Wickens, a Hong Kong-based wine merchant, who recently sold 12 bottles of 1982 Pétrus wine for £50,000 to an Asian businessman. Pétrus, near Saint-Émilion, only produces about 30,000 bottles a year.
“It is sublime, it has an additional layer, it has to do with the richness, the power and the elegance,” Wickens says. As much as an investment, Asian consumers “want to share it”.