Wine Industry News

  • US: Beringer mass-market, high-end wines enjoy growth

    (NBBJ) - Luxury-brand sales ‘a real turnaround for the industry'. Even as Treasury Wine Estates’ Napa-based Beringer brand group prepares to launch a mass-market brand this spring targeted at Millennial generation female consumers, the Australian company’s higher-end North Coast brands are enj...
  • Christie's drops Chinese chateau names poster

    (Decanter) - Christie’s China has decided not to go ahead with its controversial poster of chateau names in Chinese. In a short statement from the Hong Kong office of the international auction house, Christie’s said the poster had been designed to strengthen links between Bordeaux and China but ...
  • Lady Gaga wants own wine brand

    (FinancialExpress) - Pop sensation Lady Gaga reportedly wants to make her own wine with boyfriend Taylor Kinney. The 25-year-old singer went on a wine tasting break with Kinney in the Sonoma Valley recently and told fellow guests they wanted to grow their own grapes, reported Sun online. "Gaga i...
  • From Mines to Wines

    (WSJ) - Zdenek Bakala's Odyssey Has Taken Him From Washing Dishes to Being the King of Czech Coal.Build it and they will come could be the motto of Czech-American investment banker Zdenek Bakala. At the start of this winter, New World Resources PLC, the coal-mining company his investment firm BXR...
  • US: Insider Wine Sleuth Rimmerman Seeks Bargains for Online Sales

    (Bloomberg) - Jon Rimmerman, aka the Garagiste, is late. He’s sending out his daily online wine offer from his BlackBerry in his room at New York’s new Hotel Americano. It’s a 2006 Ansata from biodynamic producer Marc Kreydenweiss priced at $6.99. This red usually goes for two to three time...
  • Champagne exports near 'peak' of 2007

    (Decanter) - Champagne exports last year reached their second highest volume in five years – with sales close to the peak of 2007. Exports in 2011 were up by 5.1%, rising to a total of 141.2m bottles, the second largest volume ever achieved behind 2007 and only 9.5m bottles less than this peak, ac...
  • India: Wine makers unhappy over special excise duty

    (Business-standard) - Imposition of special excise duty of Rs 300 per litre by Maharashtra, Karnataka is affecting expansion.The dual excise policy adopted by states like Maharashtra and Karnataka is hampering the growth of the grape wine industry. Both states have imposed a special excise duty of R...

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