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Wine Market Showing ‘Positive Signs’ Amid Dollar Strength

The fine wine market is showing some indications of revival after price declines from its peak in 2011, helped by a strengthening dollar, according to Miles Davis, partner at Wine Asset Managers LLP in London.

“We’re beginning to see some positive signs coming through,” Davis said in an interview. “It’s definitely too early to call a turn for sure, three years has been a long time, but obviously this market will turn at some point.”