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  • Truett Hurst Goes Public at Reduced Value

    June, 27, 2013
    (Wines&Vines) - Truett Hurst Inc. wine company sold 2.7 million shares of its Class A common stock to the public at $6 per share June 20, then saw the stock price dip as low as $5.30 before settling around $5.80. The stock is traded on the Nasdaq Capital Market under the symbol “THST.&...

  • Canada adds icy weather to icewine rules

    June, 27, 2013
    (Reuters) - Canada is tightening the rules for producing its popular icewine, a sweet dessert wine that is only made in cold climates, to crack down on fraudsters who sell mislabeled bottles that don't make the grade.  In regulations published this week, the Canadian government said any bot...

  • Portugal: Fladgate buys Wiese & Krohn

    June, 27, 2013
    (Decanter) - The Fladgate Partnership, the owner of Taylor's Port, has continued the trend of consolidation in the industry by buying tawny specialist Wiese & Krohn. The deal includes the company’s brand, stocks and vineyard holdings, including what Fladgate described as ‘exc...

  • UK: Ramsay and Beckham to open a restaurant in Borough Market

    June, 27, 2013
    (TheDrinksBusiness) - Tempestuous chef Gordon Ramsay and retired footballer David Beckham are to open a restaurant together in a converted warehouse in London’s Borough Market. Named the Union Street Café, the joint venture, funded by Beckham, is set to open this September. &ldqu...

  • How wine counterfeiting impacts everyone

    June, 27, 2013
    (FoxNews) - Counterfeit wine is becoming a big, expensive issue in the wine world.  Most recently a federal jury in New York handed a legal victory to U.S. billionaire William Koch, the founder of Oxbow Group energy company.  He was awarded $380,000 to cover the cost of the wine, plus ...

  • France: World’s first cola-flavoured wine launched

    June, 26, 2013
    (TheDrinksBusiness) - French wine company Haussmann Famille has launched the world’s first cola-flavoured wine onto the market. Named Rouge Sucette (meaning red lollipop in French), the 9% abv wine, designed to be served chilled, is made from 75% grapes and 25% water, sugar and cola flav...

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