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Wine Industry News

  • How Not to Serve Wine

    July, 16, 2013
    (WineSpectator) - Why is it so difficult for some restaurants to get it right? So there we were in a very fancy, high-end restaurant in the Palanco district of Mexico City, the swankiest precinct of one of the world's largest cities. Although Mexico City is hardly awash in fine wine, it's not...

  • For Vintner, $145 Million of Wine Down the Drain

    July, 16, 2013
    (WSJ) - One of the world's biggest vintners has a roaring hangover from poor U.S. sales, leading it to destroy thousands of gallons of wine past its prime. Treasury Wine Estates Ltd.— whose brands range from the mass-market, U.S.-made Beringer up to $1,000-a-bottle Penfolds Grange from Aus...

  • U.S. Beats Imports in Table Wine Growth

    July, 16, 2013
    (Wines&Vines) - Growth in off-premise sales of domestic table outpaced the growth of imports, and other key wine industry metrics remained positive through June. Strong domestic wine sales numbers are one of the highlights of WinesVinesDATA’s regular industry metrics report released to...

  • Manufacturing Awards 2013: Truett-Hurst wine company grows rapidly

    July, 15, 2013
    (NBBJ) - Since its inception six years ago, Truett-Hurst, LLC, has established itself as a fast-growing wine company focusing on the $7 to $14 per bottle (superpremium) and over-$14 (ultrapremium) per bottle categories. Based in the Dry Creek and Russian River Valleys of Sonoma County, with comp...

  • Wine consumption rises in the U.S. in 2012

    July, 15, 2013
    (BizJournals) - Despite a slow-to-rebound economy and constraints in supply, American wine consumption increased in 2012, according to data just released by Technomic, a Chicago-based research and consulting firm for the food industry. But beyond the increased imbibing of wine, new research indi...

  • Germany eyes next stage of wine revival

    July, 15, 2013
    (TheDrinksBusiness) - Despite the reinvigoration of the German wine industry by a younger generation, producers have highlighted a number of key problem areas that still need addressing. Peter Winter, who bought Rheingau estate Weingut Georg Müller from the town of Eltville in 2003 is clea...

  • UK minimum alcohol pricing plan 'to be dropped'

    July, 15, 2013
    (Decanter) - Plans to introduce minimum alcohol pricing in England and Wales are set to be abandoned this week – to the delight of the drinks industry and the dismay of health campaigners. Reports suggest that Home Secretary Theresa May will tell MPs that the Government has decided no...

  • AUS: Dropping dollar has little effect on wine industry

    July, 14, 2013
    (ABC) - The drop in the Australian dollar has done very little to reduce the woes of the wine industry. In commodity markets, the exchange rate influences prices significantly, but that's not the case in the wine industry. The Australian dollar has dropped to below 90 US cents, with expectati...

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