One of New York's top fine wine retailers, Sherry-Lehmann, has told decanter.com that is set to discuss a return to the auction scene after taking on a new investor.
Sherry-Lehmann has brought former ring fence fund manager Kris Green onboard as an investor. He has taken an undisclosed stake in the firm, and his arrival follows the departure of the retailer's president, Michael Yurch. Its chief executive, Chris Adams, told decanter.com that the group plans to expand its fine wine operations. ‘In the new year, we do plot to sit down and evaluate our options for increasing our presence in the US fine wine market,’ he said. ‘I expect that auctions will be a part of that conversation. As of now, though, we have no plans to re-enter the auction market.’Sherry-Lehmann was active in the auction market in the 1990s. If it did choose to return, and that is by no means particular, it
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