Wine Industry News

  • Flood water engulfs world’s lowest vineyard

    (TheDrinksBusiness) - The exceptionally high water level that has submerged the Lagoon of Venice and the city of Venice over the last few days has also engulfed the world’s lowest vineyard. The Bisol vineyards underwaterThe Bisol vineyard on the island of Mazzorbo has been completely overwhelme...
  • Bulgarian winemaker Domaine Boyar plots Asian expansion

    (DBR) - Bulgaria-based wine producer Domaine Boyar has entered into the growing Asian markets and plans to expand business in the region. The winery produces nine million bottles of wine per year and exports around 80% of them to countries like England, Russia and other European countries. Dom...
  • France: Foncalieu buys Château Haut-Gléon

    (Decanter) - Southern French co-operative union Les Vignobles Foncalieu has acquired well-regarded Corbieres estate Chateau Haut-Gleon for an undisclosed sum.Château Haut-Gléon, which has 40ha of mostly north-facing vines in a 260ha estate, has been run by the Duhamel family since 1991, and produc...
  • FC Barcelona unveils Rioja tie-in

    (TheDrinksBusiness) - Rioja producer Bodegas Altanza has launched an official wine collaboration with FC Barcelona, which aims to tap into the football club’s strong following in Asia. Unveiled at last week’s HKTDC International Wine & Spirits Fair in Hong Kong, the first release features a T...
  • A ‘rare but precious 2012′ for Burgundy

    (TheDrinksBusiness) - Burgundy winegrowers have said this year’s weather has helped to produce a “rare but precious vintage”. Burgundy winegrowers are reporting a rare but precious 2012 vintageFrom the north to the south of the region the report from the Burgundy Wine Board (BIVB) presents...
  • How to Calculate Winery Value

    (Wines&Vines) - Many winery and vineyard owners would like to find out how much their property is worth and present it in the most favorable manner in preparation for a sale. The Seminar Group recently presented a program about that subject in conjunction with another meeting about buying and sellin...
  • Citigroup Former Boss Parsons Eyes Profit in Italian Wine

    (Bloomberg) - Former Citigroup Inc. (C) Chairman Richard Parsons, whose career in banking and media saw him at the helm of the industries’ biggest companies, is betting he can make money in retirement in the wine-rich Tuscan hills. Twelve years after buying Il Palazzone, a Montalcino vineyard p...

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