Wine Industry News
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(NBBJ) - Wine consumption is growing worldwide and particularly in the world’s new largest wine market, the U.S. Trouble is, shocks to the global economy and to the wine business in particular over the past several years along with tough growing seasons have dramatically limited the supply of grap... -
(Businessweek) - If I wanted to get drunk fast, I need not knock back jiggers of whiskey. A couple of glasses of high-alcohol California pinot noirs do the job quite nicely. But that’s no reason to share the enthusiasm of my fellow American wine writers for the high-octane pinots from some of N...US: Coppola’s Wine Joins Low-Alcohol Vampire in Best Pinot Picks
April, 08, 2012 -
(Seekingalpha) - Shares of wine producer Constellation Brands (STZ) fell 12.5% on Thursday after the outlook for its fiscal year of 2013 came in below analyst expectations. Fourth Quarter Results The company reported fourth quarter revenues of $628 million, down 12% on the year. Net income fel...Constellation Brands: Outlook Leaves Shareholders With A Hangover
April, 08, 2012 -
(IrishTimes) - THE GLASS is half-empty for Bordeaux estates and wine buffs this year – but may bring more cheer to investors, for whom the “fantastic” vintages of 2009 and 2010 proved a damp squib. Wine merchants, fresh from tasting the year’s first Bordeaux, are warning that it falls short ...Wine buyers warn prices must fall as Bordeaux fails to tickle palates
April, 08, 2012 -
(TheProvince) - Canadians are still living with a 1928 law that often makes foreign wines easier to find and cheaper to purchase than a bottle of wine produced in another province. Conservative MP Dan Albas, whose Okanagan-Coquihalla riding is in the heart of B.C.'s winemaking region, wants to ch...Canada: Wine should flow freely, MP says
April, 08, 2012 -
(SMH) - Heavy rain and flooding in some wine regions came too late to completely ruin the 2012 harvest, growers say, and there are early signs the oversupply of grapes may be easing. According to early estimates from the Wine Grape Growers Association, produced in response to last month's wet wea...AUS: They may not have turned water into wine but the vintage is good
April, 08, 2012 -
(MODBEE) - E.&J. Gallo Winery has added to its Italian offerings with an agreement to distribute high-end Brancaia wines from the Tuscany region. The Modesto-based company acquired exclusive rights to U.S. marketing of the four wines as of April 1. "This is a great addition to our luxury portf...US: Modesto's Gallo adds high-end wines from Tuscany
April, 08, 2012 -
(AP) - Homegrown grapes and small wineries are returning to Kentucky and bringing back a tradition that made the Bluegrass State the country's third largest grape- and wine-producing state before Prohibition. In 1998, there were only 40 acres of wine grapes in commercial vineyards in Kentucky, bu...US: Kentucky grapes, wineries building momentum
April, 08, 2012

