Wine Industry News

  • Chateau Latour uncorks shock for Bordeaux wines

    (AFP) - Bordeaux winegrower Chateau Latour will pull out of the traditional "en primeur" or futures market, a vital part of the region's commercial strategy, in a move geared to Asian markets, industry sources said on Monday. Some traders expressed dismay at the decision, which they fear could he...
  • Why We Should Love Natural Wines

    (TheDailyBeast) - Natural wine, which strives to use only one of 200 additives approved by the Federal Drug Administration—i.e., grapes—is increasingly popular. But wine writers everywhere see problems with it. They argue that without sulfur the wines will spoil. Others say that the wines are �...
  • Bordeaux’s Sunburned New Vintage Needs Price Drop to Star

    (Bloomberg) - At 10 o’clock on a sunny Bordeaux Monday morning, tall, slim Christian Moueix places his palms prayerfully together as he intones the tale of 2011’s difficult weather in a smooth baritone. “The problem factors were very serious drought, a June heat spike, some green merlot, and ...
  • US: Packers ex-teammates start wine label

    (GreenBayHub) - Evenings filled with food, wine and friends tend to produce ideas that seem great at the time, but often are as appealing the next day as dirty plates left in the sink. Occasionally, though, an idea survives the night, as perky and shiny in the morning as the minute it was born. S...
  • Bankers quit Wall Street to find $US50 million for wine

    (SMH) - Brian Mota didn't find it easy to give up the familiar turf of private equity for wine investing. Mota, 38, had been evaluating more conventional investment opportunities at WallerSutton Capital in Greenwich, Connecticut, after leaving JPMorgan Chase & Co.'s investment-banking unit. Then he...
  • Korea: LG abandons wine import business

    (KoreaJoongAngDaily) -LG International Corporation, a trading arm of LG Group, will pull out of its in-the-red wine importing business and instead focus on the company’s major business segment of natural resources development, the company said Friday. Twin Wine currently imports 3,000 different...
  • China gets a taste of world's best wine

    (ChinaDaily) - Bolgheri, a small village in the province of Livorno, Tuscany, Italy, was once a sleepy fishing village. Fast forward 40 to 50 years, it is now better known as the place producing one of the best red wines in Italy - the Ornellaia. The village's wine is often compared to Bordeaux in ...

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