Investors use their vintage wine as collateral

dyquemInvestors who are in desperate need of cash, are pawning bottles of vintage wines, like Château Haut-Brion, Lafite Rothschild, Margaux and Mouton Rothschild, British newspaper The Financial Times writes.

Given the fact that the crisis in the economy lingers, the practice of parting with the vintage wine for several months to ensure you get short-term loans for 100 000 dollars and more, at a rate of 2.5 to 4% per month is gaining momentum, says Paul Aitken, founder and CEO of Borro, a Manhattan-based lender. Continue reading

Pippa Middleton bargained $100 vintage cavalry jacket

pippaPippa Middleton has never been the focus of our website but look what happened. Wherever you go, whatever you do, the Duchess of Cambridge`s sister  is now on the front pages of the tabloids.

When it comes to buying a stylish new outfit, this is already a subject of detailed analysis. But with her latest shopping bargain Pippa surprised the tabloids. The Daily Mail newspaper writes that this time she ignored brands like Sandro, Temperley London, Beauty Bottoms and Tory Burch, at the expense of men’s boutique called An Officer and a Gentleman Continue reading

Voilà: Leading French winemakers will produce vintage wines in China

vineyard_chinaAt a time when China and Europe are fighting a battle in which multiple interests are at stake, including pride, solar panels and wines, leading French winemakers not only have not given up on the local market, but work harder than ever to enter it.

Producers of prestigious brands such as Chateau Lafite-Rothschild and Dom Perignon intend to invest millions of dollars to produce vintage wines which will be offered on the vast Chinese market.

Like any other industry, winemaking in China has its own characteristics. The market is dominated by cheap plonk or relatively mediocre local wines that are highly overpriced. Continue reading

Fashion made its big jump in only few decades, just like tech

vintage20sIf you are looking for an inspiration in vintage fashion, you would probably go back eighty – ninety years ago. 1920s and 1930s were exciting times and each of the two decades brought many changes, which have influenced the culture and the way women are dressed.

In fact, lady’s fashion in the United States experienced a major shift in just five decades – from the beginning of the century to the 1950s.

1900s are still the era where women were dressed conservatively, highlighted in restrictive corsets and petticoats. By 1950s, the change is so great that women wore skirts and pants, and showing the bear legs was not a taboo anymore. Continue reading

Hot weather in Napa valley will help making some great vintage wines this year

napa_valleyThere is no such thing as “normal weather” in the wine region of California and vineyard owners say that this saying this year could mean good news for wine lovers.

After the cooler temperatures slowed the ripening and vines held in recent years until the fall, now the leading wine manufacturing region in the United States is facing a heat wave that will lead to one of the earliest harvest in recent history. Continue reading