Wine Industry News

  • Australia's Strong Dollar Puts a Cork in Its Wine Sales

    (Bloomberg) - A soaring currency hits Aussie winemakers on two fronts: Higher prices hurt their exports, and lower prices on imports shrink sales at home. Cellarbrations, a wine shop in the inner Sydney suburb of Newtown, sells Moët & Chandon Brut Impérial, a popular French Champagne produced by L...
  • Modern Wine Marketing Secrets

    (Wines&Vines) - Mambo Media founder Siouxsie Jennett has been part of the Internet sector nearly since its inception; the past three to four years have spurred levels of change she has not seen since the web’s heady early days. Jennett shared her secrets about online marketing this morning with an...
  • Does a $10,000 Bottle of Wine Taste Like $10,000?

    (FoodNetwork) - When you write about wine, you sometimes get to taste the really expensive stuff. I’m not talking filet mignon or even white-truffle expensive. I’m talking splurging like Diddy-in-a-diamond-hoodie-on-a-yacht expensive. When a collector shares one of these bottles with me, frie...
  • US: Experts predict rebound in wine prices, plantings

    (Recordnet) - The U.S. wine industry is emerging from a decade marked by supply surpluses, low prices and the Great Recession and now sees explosive growth in diverse array of wine products that promises to support higher prices for both wine and grapes. That's the consensus Wednesday from indust...
  • O-I posts $510M loss for 2011

    (ToledoBlade) - Inflation, supply-chain issues, weaker wine and beer markets in Australia, and three one-time charges totaling approximately $868 million all combined to saddle Owens-Illinois Inc. with a net loss in 2011 for the second consecutive year. The Perrysburg-based bottle-making giant re...
  • US: Wine by Joe named No. 1 hot brand

    (Bizjournals) - Wine by Joe has been named the No. 1 Hot Small Brand of 2011 by Wine Business Monthly. Founded by Joe Dobbes, the 10-year-old Dundee-based vineyard is Oregon's third-largest wine producer and employs close to 30 working 214 acres. It produces three brands: Dobbes Family Estate,...
  • US: Wine Demand Outstripping Supply

    (Wines&Vines) - While the great debt load of nations including the United States positions the global economy in a dangerous phase, experts at the Unified Wine & Grape Symposium said today that wine industry indicators are remarkably positive. Mike Veseth, founder of the Wine Economist blog, set the...

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