Wine Spectator: The Case of the Counterfeit Krug ChampagneJuly 19, 2017
On July 6, luxury goods conglomerate LVMH issued a statement announcing that a Hong Kong court had settled a case between it and international auction house Acker Merrall & Condit over a counterfeit bottle of Krug Champagne.
While both parties expressed satisfaction at settling the matter, the spat over the bubbly was a rare public battle between a winery and an auction house. And it may be a sign that wine producers are pushing more forcefully on rare wine merchants when it comes to fighting counterfeits. “In the final ruling, Acker Merrall & Condit acknowledges and admits that it infringed upon Moët Hennessy registered trademarks, and passed off a product not the genuine Krug Champagne as and for such a Champagne,” read the statement.
The roots of the claim stretch back five years to a blockbuster auction by Acker in Hong Kong. On Sept. 21 and 22, 2012, at the Grand Hyatt Hong Kong, a single bottle of Krug Collection 1947 sold for more than $13,500. Wine Spectator has the full story.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.