Wine Industry News

  • US: Coppola’s Wine Joins Low-Alcohol Vampire in Best Pinot Picks

    (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...
  • Constellation Brands: Outlook Leaves Shareholders With A Hangover

    (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...
  • Canada: Wine should flow freely, MP says

    (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...
  • US: Modesto's Gallo adds high-end wines from Tuscany

    (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: Kentucky grapes, wineries building momentum

    (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...

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