Wine Industry News

  • Pricey counterfeit labels proliferate as China wine market booms

    (LATimes) - Reporting from Beijing— The lamb chops were cooked to perfection. Fine wines flowed. Then came the piece de resistance: a 1997 Chateau Petrus Pomerol that can fetch about $2,000 a bottle. Wine consultant Frankie Zhao was dining with a group of well-to-do Chinese businessmen at an ex...
  • Sotheby's wine auction 'disappoints

    (AFP) - Sotheby's hotly anticipated first wine auction of the year fetched HK$44 million ($5.6 million), falling short of its HK$50-70 million estimate, the auctioneer said in a statement. The sale -- called Finest and Rarest Wines -- trailed 983 lots including the Bordeaux Winebank Collection, but...
  • AUS: Wine trade secrets

    (ABC) - Tasmanian wine producers hope a three year study will help them add value to the state's globally renowned sparkling wine and pinot noir. The industry has spent $1.8 million from producers and the federal government to improve the quality of the wine. It is unveiling the results at thi...
  • Red Wine Researcher Accused of Falsifying Data

    (SciTechToday) - Dr. Dipak Das is coming under fire, accused of falsifying his data in studies of resveratrol, an ingredient in red wine that has shown potential for promoting health. But don't worry, that glass of Cabernet is still good: Experts say the allegations don't affect previous research t...
  • France: Yannick Evenou buys Chateau Réaut via Facebook share offer

    Part of a 12-strong consortium, Evenou bought the 26ha Chateau Réaut (formerly Chateau Réaut la Gravière) in Cotes de Bordeaux from Champagne Roederer. The deal was completed via the creation of a property sharing group or GFA (Groupe Foncier Agricole), with 400 members of the public taking shar...
  • China: A domestic wine industry starts to take root

    (LATimes) - A few months before the 2008 Beijing Olympics, I read a blog post by an Atlantic Monthly correspondent about Chinese wine. Chinese what? I grew up outside New York City, where I ate hundreds of pounds of lo mein and pork-fried rice but didn't see, taste or hear of Chinese wine. Even wh...
  • US: Olympia Tries to Cut Wine Red Tape

    (Wines&Vines) - Washington state legislators returned to work in Olympia this week and revived a bill that could provide welcome relief to smaller wineries grappling with the state’s liquor tax-reporting requirements. Existing rules require wineries that do business in the state, regardless of siz...

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