Sotheby’s enters the retail wine market

21 Sep

NEW YORK — Sotheby’s is known for its high-tone auctions of everything from artwork to artisan wines. Now, it hopes to garner good reviews for its new Sotheby’s Wine Store.

The retail shop, located on the first floor of its 1334 York Avenue building on Manhattan’s Upper East Side, opened for business on Monday. Its inventory offers wine ranging in price from $13.95 to $40,000 a bottle.

Sotheby’s also is offering the wines online and will ship them around the world and deliver to New Yorkers.

Besides the cache of the Sotheby’s name, what makes this wine store any different from the others? Says Jamie Ritchie, president and CEO of Sotheby’s Wine, Americas and Asia:

“We have been planning this business for a long time as we often speak to people who would like to buy wine from Sotheby’s but who want more flexibility and immediacy than bidding in our auctions. … We can now offer a complete service to anyone with an interest in wine. Because of our decades of experience working with winemakers and collectors from around the world, we are uniquely placed to help wine lovers get the most out of one of life’s great pleasures. Our team source and taste constantly, so all our wines are of high quality, typical of their region and offer good value for money.”

Check out my New York Drinks Events Calendar, the most comprehensive you’ll find anywhere.

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Posted by on September 21, 2010 in NYC, Opening, Wine


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