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About Cru

Our Mission

Cru World Wine is today the world's largest fine wine marketplace.  Our mission is to connect the world's US$ 300 billion in fine wine stock to the world's best digital marketplace, and hence to increase liquidity and to make is much easier for everyone to buy and sell fine wine.  

Our Values

We are defined and guided by our four core values

Assurance

Trust & Security Guaranteed
Our primary responsibility (with over US$150 million of fine wine/spirits under custody) is to provide trusted and secure infrastructure for the safe management and delivery of fine wine and spirits. This we do through our network of top-quality warehouses, transporters and couriers; and through a large team of trained and professional account managers and operations personnel.

Commitment

To Put our Clients First
Many companies pay lip service to putting ‘clients first’ - but few walk the walk. Cru World Wine has repeatedly lowered its fees, removed charges and reduced its prices; whilst simultaneously adding new functionality and services for clients (without charge). We are not prisoners to agency contracts, so we can always provide dispassionate advice on what is best for you to buy (not what we are obliged to sell). 

Fairness

In price competitiveness & customer service
Fine wine is expensive enough as it is. It doesn’t need unjustifiable extra margins and charges layered on top. We always strive to offer our products at the lowest possible price.  Our 'marketplace' approach means we have the widest selection of products at the lowest possible prices.  

Our History

Cru World Wine is today the world's largest fine wine marketplace.  We were founded in 2013 and our platform represents the vision of co-founders Simon Farr (Chairman) and Jeremy Howard (Chief Executive), who both share the desire to harness new technology to improve the experience of fine wine collectors.
With investment from a European investment firm, we initially acquired two existing businesses (with great teams and allocations). In the UK we acquired Bibendum Fine Wines (a traditional fine wine merchant founded in 1982) and the many of our blue-chip supply of Burgundy and Bordeaux can be traced back to sellers acquired via this acquisition.
Our second acquisition was an established business in Hong Kong (Slurp.asia). In August 2014 we opened an office and warehouse in Singapore.
We have steadily opened new local platforms over the years. In addition to our traditional markets of the United Kingdom, Hong Kong and Singapore, we have added the EU, USA and UAE to our network over recent years.
Since our first day, we have prioritised technical development - and we maintain an in-house development team which continues to build our proprietary marketplace platform.
Cru has grown its client base rapidly, and today we have almost 50,000 client accounts. We operate six transactional websites (USA, UK, EU, Hong Kong, Singapore and UAE), all with prices and payments in local currencies.

Our Team

Cru is led by Jeremy Howard (co-founder and CEO) and by co-founder and Chairman Simon Farr. Simon is a 50-year industry veteran who was heavily involved in setting up both Majestic Wine and Bibendum in the late 1970s and early 1980s. Jeremy had a long and distinguished career in investment banking (Goldman Sachs and Deutsche Bank) before becoming an investor and entrepreneur in the fine wine/spirits sector in 2006.
Working with Jeremy and Simon are a large team of experienced account managers, operations experts, promotional managers, and finance professionals located in the United Kingdom, France, Hong Kong, China, Singapore, Thailand and the USA. In addition, we have a fine whisky expert (George Stewart), who is responsible for sourcing our fabulous range of rare fine whisky (in bottle and cask formats).
Many of our team have WSET qualifications, and all are great lovers of fine wine and spirits.
Simon Farr Chairman & Co-Founder
Jeremy Howard CEO & Co-Founder

Our Milestones

2013
2013
  • June
    Cru is conceived and funded, Jeremy Howard joins as co-founder and CEO
  • November
    Bibendum Fine Wines acquired
2014
  • January
    Slurp.asia (Hong Kong) is acquired
  • August
    Cru opens office in Singapore
2014
2017
2017
  • November
    Cru is named Best Online Retailer 2017 by Drinks Business magazine
2018
  • November
    Cru is named Best Online Retailer 2018 by Drinks Business magazine
  • September
    Cru launches world’s first fine wine trading App
  • October
    Cru formally exits B2B business to focus solely on private clients
2018
2019
2019
  • September
    Cru publishes fine wine’s first comprehensive Sustainability Plan
2020
  • June
    Cru passes 30,000 client accounts
  • November
    Cru launches dedicated YouTube channel for investment education
  • December
    Cru launches ‘Managed Portfolios’ product for high-net-worth clients
2020
2021
2021
  • May
    Cru opens office in China
  • November
    Cru mourns the loss of its longest serving team member Ben Collins.
    Cru signs lease on office in San Francisco
2022
  • February
    Cru exceeds US$100 million under management on our online platforms
  • April
    Cru opens U.A.E. office (Dubai)
    Cru Community goes live via a Discord Channel
  • June
    Cru introduces market maker/trading team
    Cru Markets (Beta) trading platform goes live
  • August
    Cru passes 36,000 client accounts
  • October
    Instant bank transfer added for UK customers
2022
2023
2023
  • July
    Big celebration as Cru World Wine reaches 10 years old. Special video released featuring the company’s development since 2013.
    Cru passes 39,000 global clients.
    Cru launches new process to enable clients to ‘verify’ products transferred to Cru custody.
  • August
    New mobile App launched. Huge upgrade to previous App with comprehensive functionality replicating the desktop experience on mobile App for the first time.
    Assets under custody on Cru platform exceeds US$130 million.
2024
  • January
    Cru World Wine officially opens USA warehouse in American Canyon close to San Francisco.
  • June
    Clients able to upload portfolios of wine & wines held outside Cru Marketplace for first time.
  • September
    Assets stored on platform rise to over US$ 150 million, comprising over 155,000 units.
2024
2025
2025
  • March
    Cru Marketplace launch sees huge jump in platform liquidity. Several major Bordeaux négociants join marketplace.
  • June
    Total liquidity on Cru Marketplace jumps to US$ 350 million, making Cru Marketplace comfortably the world’s largest and most liquid platform for buying and selling fine wine.

Our Partnerships

Cru has built what we believe to be the most comprehensive global infrastructure for owning, trading and managing fine wine and spirits.
Our network includes over 1,000 different producers and suppliers (all over the world), some connected to Cru through state-of-the-art APIs. In addition, we have 12 different warehouse partners - in America, Europe and Asia (most networked to Cru through EDI technology).
We have numerous transporter and delivery company relationships, which enable us to deliver wine and spirits across the globe.
Our payment processing partnerships allow us to accept payments in US Dollars, British Pounds, Chinese Renminbi, Hong Kong Dollars, Singapore Dollars and Euros.
We have an integration with the Liv-ex.com exchange in London to connect our clients to a major liquidity centre.

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