Wine Industry News

  • Wine.com Hosts Second Annual Industry Summit

    (Marketwire) - Wine.com, the nation's number one online wine retailer, hosted its second annual Wine Industry Summit on Tuesday. Attendees included 230 wine industry executives, a 40 percent increase in participation from the 2011 inaugural event, composed of leading winery, import supplier and whol...
  • India: 'Free wine industry from 'clutches' of excise dept'

    (IBNLive) - Agriculture Minister Umesh Katti today urged Excise Minister M P Renukacharya to free the wine industry from the 'clutches' of the excise department in order to popularise wine consumption in the state. Freeing the industry from excise department would help boost wine consumption, reduce...
  • Austria: Wine cellars disappear into the deep

    (Austriantimes) - Two historic wine pressing houses disappeared into the ground during the night yesterday (Thurs/Fri) in Austria. A local resident noticed the partly collapsed wineries in the early hours of this morning (Friday). The ground beneath the old buildings had been weakened as a result of...
  • Is Now the Time to Invest in Fine Wine?

    (CNBC) - 2012 is the best time to invest in fine wine since 2009, according to wine broker Vin-X’s Jeremy Peacock.“We’ve just come off the back of a correction, the third in 25 years, making the market very stable. But like anything, when you have a correction prices are going to drop, it beco...
  • Penfolds outrages merchants with 'slap in the face' price hikes

    (Decanter) - Wine merchants are turning their backs on Penfolds' Bin wines - whose annual release is today - following price increases that have been labelled a 'slap in the face'. eff Poole, managing director of New Zealand's Fine Wine Delivery Company, and a former employee of Penfolds, who said h...
  • Alcohol Helps Prevent Type-2 Diabetes, Especially for the Overweight

    (WineSpectator) - Several studies have found that moderate alcohol consumption helps prevent type-2 diabetes. A new report from a team of European researchers supports that but also finds that the benefits depend on a lot of factors, including the gender of the wine drinker and their weight. For ...

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