Wine Industry News

  • 14 Hands wine gets own winery in Prosser

    (BH) - Winemaker Keith Kenison never dreamed 14 Hands would hit the top 10 list of U.S. premium wines. But less than a decade after Ste. Michelle Wine Estates introduced the brand at restaurants, the approachable, fruity wines have won over the taste buds of wine novices and connoisseurs. It ...
  • What's Driving Altria's Wine Sales?

    (Forbes) - Altria entered the wine business with the acquisition of UST Inc. in January 2009. UST’s principal subsidiaries included U.S. Smokeless Tobacco Company and International Wine & Spirits Ltd. Altria primarily acquired UST for its smokeless tobacco portfolio, as it wanted to parti...
  • MEGADETH WINE SELLS OUT IN 72 HOURS

    (Decanter) - A California Cabernet from the frontman of American thrash metal group Megadeth has sold out within 72 hours of release. The Wine Spectator reports that Mustaine Vineyards Symphony Interrupted Select Cabernet Sauvignon 2012, priced as US$40 a bottle, sold its entire production of 59...
  • CANADA: Wine steals market share from beer - figures

    (Just-Drinks) - The wine category continued to grow its market share in Canada last year as sales outpaced a flat beer market, latest official figures have revealed. Sales of wine in wineries, liquor stores and agencies in the 12 months to the end of March rose by 4.9% to CAD6.8bn (US$6.2bn), go...
  • China splurges 430% more on ‘expensive wine’

    (TDB) - China is now the world’s second biggest consumer of high-priced wines, following the US, according to a report prepared ahead of international wine show, Vinexpo. The Chinese, including buyers in Hong Kong, were second only to the US for their willingness to spend US$10 or more on a ...
  • Number of Texas wineries skyrockets

    (Chron) - Texas wine may not have the best reputation across  the country, but that has not stopped dozens of wineries and grape growers from setting up shop across the state in recent years. A January 2010 press release highlights growth in the wine industry and reports that Texas had fallen...
  • Paper wine bottle maker folds

    (TDB) - GreenBottle, maker of the world’s first paper wine bottle, has gone into administration just five months after debuting its first line in the US. The Merseyside-based company officially went into administration on 28 February. Speaking to the drinks business, the company’s for...
  • Russia set to invest $1bn in Crimean wine

    (Decanter) - The Russian government is considering investing up to RUB30bn (US$1bn) to develop winemaking in the recently annexed Crimean Peninsula over the next several years. The funding is set to be approved at a forthcoming meeting of the Russian government under the leadership of Russia&rsquo...

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