Wine Industry News

  • Chinese consumers develops a taste for French wine

    Chinese consumers have developed a taste for French wines in recent years but there are threats ahead that could put the trend in jeopardy.The Chinese wine market has boomed in recent years and shows little sign of slowing down. Statistics from the International Wine and Spirit Research (IWSR) put t...
  • Wine, Grape Pros Gather In Sacramento

    What’s billed as the nation’s largest annual wine and grape industry trade show opens today in Sacramento.Thousands of grape growers and wine makers from around the world will be meeting for the Unified Wine and Grape Symposium. Ken Freeze is with the conference. He says the wine industry has fa...
  • New Life for Wine Bottles in Michigan

    Traverse City, Mich.—Despite concerted efforts from the glass industry to encourage the recycling of bottles and other glass packaging, a sizeable proportion still ends up in landfills instead. Lisa Carlson, a nurse and entrepreneur in Traverse City, Mich., believes that only 30%-40% of wine, beer...
  • Asia’s Thirst for Fine Wine Continues

    Wine auctions in Hong Kong over the weekend proved that the thirst for pricey bottles remains at a high. Two major auction houses posted better-than-expected sales, in a sign that the city’s buoyant wine scene is continuing its bullish run. The most-buzzed about was Sotheby’s auction of French w...
  • Foster's shares jump amid report SABMiller has cleared bid

    (Reuters) - Shares in Australia's Foster's Group (FGL.AX) rose more than 4 percent on Monday following a report that brewer SABMiller Plc (SAB.L) may have cleared some operational hurdles it faced if it decided to bid for the brewer's $10 billion beer business. Foster's, which plans to split its ...
  • Austrian wine industry announces record value

    The Austrian wine industry has announced a positive year in 2010, despite difficult market conditions. Although the low harvest volume in 2009 resulted in a sharp drop in barrel exports, exports of bottled wine showed a positive rise reaching the highest ever price average of more than € 2 per lit...
  • A little wine is good for women senses

    Is it because we need a reason to keep sipping that glass of wine? A recent study in Norway found that moderate drinking improves cognitive functions, contrary to the widely held view that alcohol, whatever the amount imbibed, might be destructive to one’s health. It cites women as the bigge...

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