Industry News

by Angie Tieling, November 18 2008

Burgundy wine auction hit by economy, weather


Battered by storm damage and the weak global economy, French Burgundy wine prices fell at an annual charity auction held Sunday, experts said. The Beaune Hospices auction, which features the 200-year-old tradition of bidding for the final lot until two candles flicker out, traditionally sets the price trends for the latest vintage.

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