Wine Industry News

  • Yao Ming: Basketball star, wine maker?

    (CNN) – These days, anyone who’s anyone in the entertainment industry has their own clothing line, energy drink, or at the very least, perfume. Chinese basketball superstar Yao Ming is kicking it up a notch, releasing a wine bearing his name. The 2009 Napa Valley cabernet sauvignon is produce...
  • Chinese Bank Loans to Wine Investors Say ‘Drink Now, Pay Later’

    (Bloomberg) - At the 4th Hong Kong International Wine & Spirit Fair, a smiling Wing Lung Bank employee hands me a colorful flyer about its new “Wine Financing Service.” Can’t afford a case of investment-grade Bordeaux? This Hong Kong-based bank will lend you as much as HK$5 million ($641,84...
  • US: Fresno Prof Works to Grow a Later, Tastier Grape

    (AP) - As you contemplate that Thanksgiving wine you relished on Thursday, ponder for a moment a world too hot to grow fine grapes. Dr. Sanliang Gu does every day. For a dozen years his obsession has been to manipulate the growing cycle of grapes around Fresno, California's hottest and therefo...
  • AUS: Wine industry digests unpalatable truths

    (SMH) - AUSTRALIA'S biggest and most well-known family owned wine companies have posted flat revenue and shrinking earnings in the 2011 financial year as the sector faces a maelstrom of external shocks, led by the high Australian dollar, which has decimated exports, as well as a grape glut and compe...
  • US: How to Learn Winemaking in NYC

    (Pursuitist) - Interest in wine is growing in the U.S. – earlier this year the country took the title of largest wine-consuming nation, passing France for the first time. France, however, still reigns when it comes to per-capita consumption. Wine production is also burgeoning in the States. The...
  • Parker smells potential in China's wines

    (Chinadaily) - If you hesitate about choosing from a large selection of wine, what will you do? For many people, the solution is quite simple: choose one with a high score from Robert Parker. The world's most influential wine critic, Parker's million-dollar nose and his 100-score rating system ha...
  • Plovdiv Showcases New Bulgarian Wine

    (Novinite) - Seventeen Bulgarian wineries are organizing over the weekend a wine tasting in the Old Town of the second largest city of Plovdiv. The "Showcase of New Wine" will also include tasting of cheeses and other food products. The event aims at making Bulgarian winemakers and opportuniti...

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