Wine Industry News

  • Chateau de La Riviere ex-owner's body found in river

    (Decanter) - Police divers have recovered the body of Chateau de La Riviere's ex-owner more than a month after his helicopter crashed into the Dordogne river, but Chinese billionaire Lam Kok is still missing. Several hours of DNA testing have confirmed that the body police pulled from the Dordogne...
  • US fund Wellington buys up Treasury Wine shares as other bail out

    (SMH) - Large US fund manager Wellington Management has ploughed an extra $25 million into buying shares in the ailing wine group Treasury Wine Estates. Boston-based Wellington was buying up shares as other investors were bailing out late last week during the hefty share price slide of 20 per cent...
  • Top 10 hotels for wine lovers

    (TDB) - The wine enthusiast is spoiled for choice when searching for a holiday that combines luxury accommodation with world-class wine tasting. Wine tourism, or enotourism as it is known, has grown massively since the turn of the 21st century with hotels now packaging holidays specifically target...
  • Wine's New Competition: Craft Beer

    (Wines&Vines) - Americans may be buying fewer 12-packs of mass-marketed light beer, but they are buying more six-packs of special-release IPA—and that could be at the expense of bottles of Cabernet. Those who sell craft beer are also taking their cue from some of wine’s strongest ...
  • $13.5 Million Raised For The Love Of Wine And 'The Kids'

    (Forbes) - At first glance the Naples Winter Wine Festival looks like any other luxury wine auction—a curious blend of hipster somms, world-class chefs and the jet set; with sponsors such as Maserati and NetJets, it’s a justifiable impression. Yet, underneath all the luxurious trappings...
  • California Drought Raises Stakes for Water Tunnels

    (Bloomberg) - California’s worsening drought is raising the stakes for a $15 billion plan endorsed by Governor Jerry Brown to build two 30-mile (48-kilometer) water tunnels under an ecologically sensitive river delta east of San Francisco Bay. The tunnels, each as wide as a two-lane intersta...
  • TWE urged to bring back discounts

    (TheLand) - TREASURY Wine Estates (TWE) is under severe pressure to reverse a new strategy of spurning aggressive promotions and discounts with big liquor chains run by Coles and Woolworths because of the risk of further damage to profits in the next few months. TWE, owner of brands including Penf...
  • California: Rack & Riddle moves as Duckhorn expands

    (NBBJ) - As St. Helena-based Duckhorn Wine Co. plans to shift full production of a rapidly growing brand to Mendocino County winery, Rack & Riddle Custom Wine Services is preparing to complete its relocation and expansion from that facility to Sonoma County’s Alexander Valley. An affilia...

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