A buyer smells a wine's bouquet during a tasting in Saint Emilion in the Bordeaux region of France.

Bordeaux wines a luxury barometer

One weather vane of luxury spending is the pricing of Bordeaux wines. Every northern spring, the top chateaux present their latest vintages for review, later pricing them for early buyers in the en primeur market. But values are also swung around considerably by the quality of a given vintage.