Krug has listened to Krug Lovers, who love to share and appreciate their favourite champagne in unexpected places, and has created the Krug Flânerie.

The House has played with the codes of luxury leatherwork to create this practical and ingenious “must have” article.

Bearing the Krug stamp, its adjustable shoulder strap gives the option of carrying it slung across the shoulder or held in the hand.

In a sign of the wine times, one of the world’s most authoritative wine publications, Decanter, said it plans to launch a Chinese version of its website.

The move comes after another top wine publication, described as the wine bible for the French, La Revue du Vin de France, launched a Chinese version of its magazine last year.

French luxury crystal glassmaker Baccarat is hoping to revolutionise the experience of drinking wine with a new design that promises to settle the age-old argument between alcohol and the grape.

The tulip-shaped glass, with a wide flat base and a vertical “chimney”, will prevent the alcohol from overpowering the aroma of wine when the glass is swirled.

A bottle of French wine dating back to 1774 and dubbed “the wine of kings and the king of wines” fetched $49,200 at auction in Geneva on Tuesday.

Sotheby’s has launched its own private-label champagne, the first from an auction house. A bottle costs $29.99 and a magnum $69.95.

The bubbly is being produced by sixth-generation French champagne house R & L Legras, which supplies many Michelin-starred restaurants such as Guy Savoy, La Tour d’Argent and Ledoyen.

The in-house brand will also be served at Sotheby’s events around the world including New York, London, and Hong Kong.

Scottish whisky supplier Whyte & Mackay has released a collection of whiskies from The Dalmore distillery, which has been produced between 1964 and 1992.

The range initially consists of 21 whiskies, with the company intending to release around 20,000 bottles – 4,000 a year – under the Constellation Collection banner.