Wine Industry News

  • Wine Sales Drop for Second Year as Bordeaux Demand Wanes

    (Bloomberg) - Wine sales by leading world auction houses declined for the second straight year as muted collector appetite for recent Bordeaux vintages and a clampdown by China on gift-giving sent prices lower. Sales by Acker Merrall & Condit Co., Christie’s International, Sotheby’...
  • Mendocino Winegrowers Weigh Drought Options

    (Wines&Vines) - With its major reservoir water level at a crusty 37% of normal capacity, and most flow from that reservoir diverted to neighboring Sonoma County and the Russian River, Mendocino County Supervisors adopted a resolution declaring “a local emergency and imminent threat of dis...
  • Should Robert Parker Have Listened to Disraeli?

    (Wine-Searcher) - Is the leading wine critic's latest fusillade a storm in a wine glass or a taste of things to come? "Never explain, never complain," said the 19th-century British prime minister Benjamin Disraeli. His words hold true today. Publish an article or wine review and there are readers ...
  • US: Convention brings wine industry to Sacramento

    (KCRA) —Thousands of people from the wine industry are in Sacramento for the 19th annual Wine and Grape Symposium. The event is a significant money maker for Sacramento, as 14,000 people are expected to be in the city for the three day event. And nearly every hotel in downtown Sacramento i...
  • Number of Wineries Grows to 8,391 in North America

    (Wines&Vines) - New data from Wines & Vines magazine confirm solid growth in the North American wine industry during 2013. The number of wineries grew to 8,391, a gain of 4.3%. U.S. wineries showed two other signs of health as their combined production increased 6.3% and the winery average ...
  • GLOBAL: China takes lead in red wine consumption

    (Just-Drinks) - China is now the world’s biggest consumer of red wine after a 136% jump in drinking levels in the last five years, according to latest figures. Consumption  of red wine in mainland China and Hong Kong reached 1.865bn bottles, or 155m nine-litre cases, in 2013, according...
  • Japan: Govt plans to scrap wine tariffs

    (TJN) - The government plans to gradually scrap tariffs on wine from EU nations over the next decade, according to sources close to talks between Japan and the European Union. Japan imposes a tariff of either 15 percent on the price or ¥125 per liter on imported wine. The government’s p...

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