Exel Wines Warn Against Wine Investment
Tuesday, March 1st, 2011
on behalf of Project Work and Other Clients
Exel Wines has been featured in The Herald after offering expert advice on how to achieve the best return on wine investment.
Under the heading, Wine investment market to lose sparkle claim experts, the article explains that those with wine collections should sell now to avoid disappointing sales.
Russell Wallace, Exel Wines operations manager, is quoted in the piece, backing up the claims with evidence from the current market. He explains that the growth is unsustainable and prices are decreasing.
From what initially started as a collectors hobby based at central Perth restuarant Exel Dining, Exel Wines grew into a successful business after the restaurant closed due to the economic downturn and the team were able to focus their efforts on the growing wine merchants business.