What the Future Holds for Fine Wine Secondary Market: In Conversation with James Miles and Justin Gibbs
Description
Welcome to the Areni Global podcast. Today’s episode What the Future Holds for Fine Wine Secondary Market: In Conversation with James Miles and Justin Gibbs explores the world of fine wine through the lens of Liv-ex—the London International Vintners Exchange. ARENI Global hosts’ Pauline Vicard and Felicity Carter sit down in conversation with Miles and Gibbs, discussing the growth of Liv-ex, the logistics, hurdles, technology, the expected growth of the Exchange, and so much more.
More about Liv-ex
Liv-ex was founded by two stockbrokers, James Miles and Justin Gibbs, who had the idea to build an online stock exchange for wine. They took their vision to the London Wine Trade Fair in 2000, along with an eye-catching Jeroboam of Mouton Rothschild, and launched the business.
The introduction of the Internet made an electronic marketplace viable for a niche market like fine wine, bringing a fragmented industry together in one place and offering the potential to make wine trading significantly more transparent, efficient and safe for everyone’s benefit.
More about today’s guests:
James Miles is the Chairman and Chief Executive Officer at Liv-ex. Miles was born and raised in Hong Kong and attended university in the UK. He started his career with Jardine Fleming Investment Management in Hong Kong in 1991, before becoming an equities analyst and strategist with Asia Equity (which later became Banque Paribas and then BNP Paribas). He moved to London in 1997 and left banking in March 2000 to set up Liv-ex.
Justin Gibbs is the Deputy Chairman and Exchange Director at Liv Ex. Born in Melbourne, he attended school in Australia and the UK and then university in Australia (BEc). He started his banking career with Asia Equity in London in 1994 as an institutional salesman, eventually running the UK Asian-facing client base for BNP Paribas. He left banking in March 2000 to set up Liv-ex with James Miles.
Learn more about Liv-Ex:
Website: https://liv-ex.com/
Facebook: @ Liv-ex
Twitter: @Livex
Linkedin: https://www.linkedin.com/company/liv-ex/
More about today’s hosts:
Felicity Carter is Editorial Director of ARENI Global, and also writes for numerous wine publications. Previously she was founding Executive Editor of The Drop; an editorial consultant to Liv-ex, and Editor-in-Chief of Meininger’s Wine Business International, published by Meininger Verlag in Germany, which she built into a magazine read in 38 countries. A noted speaker, she has given keynote addresses at top industry conferences in Hong Kong, New York, Sydney, London, and Verona, among others.
Before her arrival in Europe, she wrote for major outlets in Australia, including the Sydney Morning Herald and The Age. She has also written extensively about science and medicine, and has written for The Guardian USA.
Pauline Vicard is the Co-Founder and Executive Director of Areni Global. She was born and raised into a winemaking family in Burgundy, and she has been working in the wine sector for the last 15 years both in Europe and Internationally, in the market research department of the Burgundy wine office and the French Embassy, before creating her own corporate wine events and education company in Lille, France. She moved to London in 2015 to spearhead the Wine Library of the unique and acclaimed Clerkenwell London, a multi-space design destination, before developing the concept of Fine Minds 4 Fine Wines with Nicole Rolet that led to the creation of Areni Global.
Pauline now directs all Areni’s activities, when she is not studying for the Master of Wine exam or playing ultimate frisbee.
Learn more about Areni Global:
Website: https://areni.global/
Facebook: @FM4FW
Twitter: @areniglobal
Instagram: @areniglobal
Linkedin: https://www.linkedin.com/company/areni-global/
If you want to read the cliff notes on today’s interview, just head to https://areni.global/research/podcasts/
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