Wine Industry News

  • Sotheby’s Raises $263 Million in Hong Kong Art, Wine Sale

    (BusinessWeek) - Sotheby’s (BID) five-day autumn auction in Hong Kong ended last night with a total sale of HK$2.05 billion ($263 million) as buyers pushed prices of some top lots to records and shunned others. The event’s revenue, with fees, compares with a presale low estimate of HK$1.6 bil...
  • Is Amazon closer to solving the wine-shipping puzzle?

    (WashingtonPost) - Amazon.com, the nation’s largest online retailer, may soon be selling wine. The trade publication Wine Industry Insight reported on its Web site late last month that Amazon is recruiting wineries in California’s Napa and Sonoma counties for a new effort at online wine sales to...
  • Uncorkings: French Wine Production in 2012 to Reach 40-Year Low

    (WineMag) - France’s wine production could see an approximately 20% dip, the lowest French output in at least 40 years, according to Bloomberg BusinessWeek. France’s Ministry of Agriculture reported that production is predicted to decrease to 1.07 billion gallons in 2012 from last year’s 1.34 ...
  • Winegrowers: What to Do With a New AVA

    (Wines&Vines) - It took years of preparation, a name change and somewhere between $50,000 and $100,000, but the Pine Mountain-Cloverdale Peak AVA won TTB approval just about a year ago. Since then, the scant dozen grapegrowers and winemakers in this remote, high-elevation appellation in northeastern...
  • Italy, Spain Wine Prices Seen Rising by Ciatti on Harvest Slide

    (BusinessWeek) - Bulk wine prices in France, Italy and Spain, the world’s largest producers, are climbing after adverse summer weather reduced the European grape harvest, according to wine broker Ciatti Co. Italian pinot grigio from the 2012 vintage has increased to 1.30 to 1.45 euros ($1.69-$1.88...
  • Wine goes with cheese because of something called 'mouthfeel'

    (NBCNews) - Wine goes with cheese. Meat sandwiches go with a pickle. Green tea goes with Asian food. Sushi goes with pickled ginger. Oil goes with vinegar. Soda goes with chips. Many of the world's most beloved food combinations pair an astringent food, which causes the mouth to pucker up, with a fa...
  • Northern Kentucky's wine industry getting better with time

    (Cincinnati) - When Dennis Walter decided to turn his family farm into a vineyard a decade ago, it was a lonely undertaking. The Kentucky winemaking industry was virtually nonexistent: there were just a handful of other wineries and grape growers in the state and not much of a support network. Wh...
  • New parents admit to drinking more

    (TheDrinksBusiness) - Nearly 20% of parents increase their alcohol intake after the birth of their first child, according to a new survey published by a children’s charity. 17% of parents drink more alcohol than usual after their first baby is born,The survey, released on behalf of 4Children, f...

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