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  • Hong Kong Wine Auction Expected to Raise $10 million

    March, 22, 2011
    HONG KONG — A sale of fine wines in Hong Kong in April will fetch up to a record $10 million as Asia enjoys a boom in wine collecting, auctioneer Sotheby's said Tuesday. The sale of almost 11,000 bottles of French wine on April 2 and 3 from a single, anonymous collector, will be the highest-val...

  • The Most Expensive Wine in Australia

    March, 21, 2011
    Australia’s most expensive wine — a recently released Shiraz with a perfect score from an influential wine publication — costs a hefty 700 Australian dollars to 800 Australian dollars (US$700 to US$800) a bottle. But nobody seems deterred by it. All 400 cases of the wine, called the Laird, ...

  • Fortune Brands buys Skinnygirl spirits brand

    March, 21, 2011
    (Reuters) - Fortune Brands Inc (FO.N) said on Monday that it bought the Skinnygirl spirits brand created by reality TV star Bethenny Frankel and plans to expand its distribution as it sees demand for low-calorie cocktails. Fortune's Beam Global Spirits & Wine unit bought the brand for undisclosed...

  • US: More Silk, Less Slurp, Alcohol as Vintners Class Up Pinot Noir

    March, 20, 2011
    I’ve had it with prune-colored California pinots that taste like over-oaked top-heavy syrahs. I give them a sniff, two sips just to be fair, then a groan and a thumbs-down score. I’m not merely disappointed. I think they’re a wine crime. Why? Because when pinot is made to caress the tong...

  • Wine sensory gardens an experience for the nose

    March, 20, 2011
    FULTON, Calif. — Imagine a garden where melon, peach, apple, lemon, pear and gardenias bloom. Then imagine holding all that in a glass. That’s the theory behind wine sensory gardens, featuring plants commonly smelled and tasted in wine. Take a stroll through the neatly laid out cabernet-me...

  • The battles of a Californian wine producer

    March, 19, 2011
    LIKE most Australian and US farmers, Mike Wackman, a fifth generation producer from Elk Grove, California, faces a constant challenge to remain profitable and stay ahead of rising input costs and falling profit margins. But a highly successful vertical integration strategy, mostly in wine product...

  • US: Winery Exchange expands in Europe

    March, 19, 2011
    NOVATO — Winery Exchange has expanded its international reach with a new office in London to serve U.K. and European markets. The U.K. alcoholic beverage market works quite differently from that of the U.S., according to Dan Irving, managing director of international operations. “These sig...

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