Wine Industry News

  • Wine from 170-year-old wreck nets $156,000

    (SFGate) - Number of the day 170 That's how many years 11 bottles of Champagne sat on the bottom of the Baltic Sea before they sold at auction Friday for more than $156,000. The bubbly was perfectly stored horizontally in cold, dark waters between Finland and Sweden. Divers exploring the shipw...
  • US: Fewer Grapes, More Drinkers

    (WSJ) - California's wine industry is getting squeezed by a shortage of grapes. For a decade, grape prices in the nation's dominant wine-producing state were in decline, pressured by big vineyard expansions during the 1990s that flooded the market with product. Faced with price erosion, many farm...
  • US: Redwoods vs. red wine: Lawsuit aims to block vineyard

    (MSNBC) - Drawing a line in California's redwood forests, environmental groups on Thursday sued to block a winery from building on 173 acres, and sent a message to developers of an even larger, nearby 1,600-acre proposed project. The smaller battle is over Artesa Winery's plan to grow pinot noir ...
  • US: Vote promised next week on privatizing Pa. wine, liquor sales

    (Philly) - A top House Republican is promising a vote early next week on a revamped bill to privatize the sale of wine and hard liquor in Pennsylvania. House Majority Leader Mike Turzai (R., Allegheny) said through a spokesman on Friday that he expects a vote on a newly crafted privatization plan...
  • Building Wine Brands In China No Small Task

    (JingDaily) - China’s maturing wine industry is not new news, with wine consumption doubling since 2005 and the country now the world’s seventh-largest wine consumer. As more drinkers trade in bottles of beer or baijiu for glasses of wine, winemakers from around the world continue to look for ne...
  • Canada: Ottawa drops ban on wine transport

    (MontrealGazette) - Private member's bill to 'free the grapes' will replace decades-old prohibition. New federal legislation will soon make it legal to trans-port your favourite wine across Quebec's borders, but fermented grape aficionados aren't popping their corks in celebration just yet. The p...
  • The Fine-Wine World Continues to Look East

    (WSJ) - It was in June 2000 when Greg De'Eb, a diplomat at the South African High Commission in Hong Kong, attended a conference organized by the territory's trade-development council asking whether the region could become the wine-trading center of Asia. It provided, he says, the genesis of an idea...

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