On 6 and 7 December, Sotheby’s last New York sale of Finest & Rarest Wines achieved $4.6 million (auction estimate $3.5/5 million). The sale brought the 2019 total for Sotheby’s live New York auctions to $30.7 million.

The annual total for wine and spirits sales in London reached $28.4 million, an increase of 55% from 2018. Global wine sales season drew to a close on 11 December in London with a $1.9 million total for Finest & Rarest Wines Featuring the Great Vandermeulen Collection.

RETAIL ACHIEVEMENTS

October 2019 saw the launch of Sotheby’s Own Label Collection, an affordable range of wines with prices ranging from $16.95 to $39.95. The collection is now available for sale exclusively at the brand’s retail store in New York and on Sotheby’s Wine’s e-commerce platform. A continuation of the brand’s expansion into the retail wine business, the Sotheby’s Own Label Collection was expertly sourced by Sotheby’s Wine specialists with the goal of celebrating the truest expressions of some of the world’s most famed appellations. Two years in the making, the collection was created with the intent of presenting excellent wines available at attractive prices, opening up the word of wine expertise to a wider consumer base. Separate release available