Wine Industry News

  • UK budget 2011 'unhelpful' say wine merchants

    The UK wine industry is more resigned than angry as the Budget confirms the price of wine will rise by around £0.15 a bottle. Many said they would not lose customers, but any sort of tax hike in the current climate was unhelpful. Chancellor George Osborne announced today he will stick with the duty...
  • US: Wineries Raise Money for Japan

    Idaho—When seven Idaho wineries planned a benefit for Japanese earthquake/tsunami relief, they decided to donate a portion of tasting room sales to the American Red Cross. Last week, the Idaho Wine Commission issued a news release to let the public know that weekend purchases from 800-case Bitner ...
  • French wine lures Chinese investors

    LOOKING across the sculptured gardens of his chateau, with its stone nymphs paying tipsy homage to the joy of intoxication, Paul-Henri de Bournazel explained that his ancestors had been making wine here for more than 400 years. ''It gives you strength in the difficult years,'' he said. ''As though y...
  • New 70-year-old malt whisky unveiled

    A 70-year-old whisky costing more £13,000 has been released by distillers Gordon & MacPhail. The Glenlivet 1940 70-year-old is one of the oldest whiskies bottled in the world, the company says. The single malt is part of Gordon & MacPhail’s Generations series, which also includes five single c...
  • Most Wine Stands Alone

    Napa, Calif.—A new survey of top wine drinkers contradicts industry assertions that most wine is drunk with food. The study of high-frequency wine drinkers by Wine Opinions reports that while an average of 41% of wine is consumed with meals, the majority—59% —is not, at least among avid wine d...
  • Wine auctions see booming sales

    (Reuters) - After buoyant wine auctions that saw booming sales, most auctioneers believe the only bubbles in the wine market are in the Champagnes poured during the bidding. Chicago-based wine merchants Hart Davis Hart reaped $4.9 million at its Lafite auction on Saturday, reinforcing its image a...
  • What businesses can learn from Chilean wine

    Yield management involves the strategic control of inventory to sell it to the right customer at the right time for the right price. Book your flight to New York two days before you’re due to fly and you’ll get the idea of purchasing at the top end. Rather than considering late booking as a nega...

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