Wine Industry News

  • UK: Vinance collapsed 'owing wine worth £5m'

    (Decanter) - Collapsed wine investment company Vinance plc owed £5m-worth of wine to its 1,300 clients when it filed for bankruptcy, according to administrators. However, the business has an estimated deficiency of £2.37m, thanks to a ‘large’ amount of wine owned by Vinance with an estimated ...
  • Inmates Sue Beer, Wine Cos. for $1B

    (ABCNews) - Five Idaho inmates are blaming alcohol for the crimes that put them in prison and are suing some of the nation's top liquor and wine companies for $1 billion. Keith Allen Brown, Steven Thompson, Woodrow Grant, Cory Baugh and Jeremy Brown all claim that alcohol led them to their crimes...
  • US: Vintner Group moves into Georgia with Prestige Wine buy

    (Just-Drinks) - The Vintner Group has bought Atlanta wine distributor Prestige Wine Wholesale for an undisclosed sum. The deal, which closed on 31 December, will give the Virginia-based group its first distribution hub in Georgia, a company spokesperson told just-drinks today (4 January). Prestig...
  • US: Ice wine harvet begins in the Finger Lakes

    (DemocratandChronicle) - In the early hours of Tuesday, people were saluting the new year with Finger Lakes bubbly. But 24 hours later, vineyard workers started harvesting grapes for another type of wine: ice wine. One of the region’s specialties, ice wine is a dessert wine created from the ...
  • JACKSON FAMILY BUYS INTO NEW AVA

    (TheDrinksBusiness) - Jackson Family Vineyards has completed the latest in a series of major acquisitions with the purchase of an 877-acre property in California’s recently created Pine Mountain-Cloverdale Peak AVA. Previously owned by the Seghesio family, no vineyards are currently planted on the...
  • 'Catastrophic' fire risk for South Australia

    (Decanter) - Several parts of South Australia are facing 'catastrophic' fire risks over the next few days as temperatures across the region are expected to hit near-record levels. Dozens of firefighters are already battling to keep a fire under control in the Sevenhill area of the Clare Valley, wh...
  • RUSSIA RESTRICTS BEER SALES

    (TheDrinksBusiness) - The new law, which came into effect on 1 January, was agreed by former president Dmitry Medvedev in July 2011 and now classes beer as a liquor. As with sales of vodka and other spirits, kiosks and beer stalls will be restricted in how much beer they can sell and will not be ...

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