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Wine Industry News

  • The Timeline: Wine production

    April, 10, 2011
    5000BC - Iran was the world's first major wine producer. Wine presses and amphora – large vase-like pottery wine flasks – with the preserved residue of tannin and tartrate chemicals, both found in wine, have been found on digs in the Hajji Firuz Tepe region of the country. Carbon dating suggests...

  • Italy winemakers eye BRIC countries to boost sales

    April, 09, 2011
    (Reuters Life!) - China, Russia and Brazil, where consumers are discovering the pleasure of wine, will power the growth of Italy's wine exports while the core U.S. market recovers, industry experts say. Wine exports from Italy, which competes with France for the position of the world's biggest pr...

  • AUS: Over a barrel

    April, 09, 2011
    Extreme weather, poor prices and a lingering grape glut make for cheap wine, but the industry is close to breaking point, writes Mark Russell.WINE prices could remain at record lows for another five years despite the industry's latest efforts to tackle Australia's six-year grape glut.A report on the...

  • US: Beer Is Still King, but Wine Gaining With Millennials

    April, 08, 2011
    Here's more good news for the wine industry, which is counting on millennials to fuel a new wine boom. A new poll shows vino is the drink of choice for 24% of 21-34 year-olds. The generation still prefers beer (at 37%), but more prefer wine compared with older Generation X drinkers (aged 35-46), who...

  • US: New Mexico Opens Direct Wine Shipping

    April, 08, 2011
    New Mexico, last of the so-called “reciprocal” shipping states, will open its doors to direct-to-consumer (DtC) shipments from wineries starting July 1. Gov. Susana Martinez signed into law Senate Bill 445, which will allow wineries from throughout the United States to ship their products to adu...

  • US: Billionaire Donald Trump Buys Virginia Winery

    April, 08, 2011
    VA. - Billionaire Donald Trump has bought the Kluge Estate Winery and Vineyards in Charlottesville. Media outlets report that representatives for Trump bought the winery at a foreclosure auction Thursday. Trump officials say he's interested in making wines and is in talks with former owners William ...

  • Vinitaly Draws Wine Lovers to Verona

    April, 08, 2011
    Vinitaly, one of the largest international events showcasing wine and spirits, began in Verona yesterday. The 5-day exhibition has drawn 4,500 producers from all over the world. The purveyors of fine wines will be holding tastings and discuss trends with an expected crowd of over 150,000 visitors...

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