Wine Industry News

  • Investment in wine brings double digit returns

    The Wine Investment Fund (TWIF) has announced its latest payout with investors receiving returns equivalent to 17.1 per cent a year. TWIF said its payouts remained in double digits while over the same period the FTSE 100 fell by 1.4 per cent. Investors in the fund's first tranche, the 2003 tranch...
  • Billionaires Rival, Plot to Snare $5,000 Bottles of Haut-Brion

    Fate bequeathed a delusional legacy to the small French suburb of Pessac. As the 1st century A.D. birthplace of Bordeaux wine, Pessac’s Gunzian gravel soil over the millennia has attracted holy men, scoundrels and a crowd of billionaires on a quest to spend beyond $5,000 for a vintage bottle of Ch...
  • S.Africa: Clover also considers making takeover bid for KWV

    CLOVER, the former dairy co- operative that lists on the JSE tomorrow, is interested in acquiring wine and spirits maker KWV, CEO Johann Vorster said on Friday. Clover, which shed businesses such as bulk cheese and milk powders as part of its transformation into a producer, distributor and merchandi...
  • NZ: Wine industry ‘not doing it as tough’ here

    THE Vintage 2010 benchmarking survey gives a bleak outlook on profitability in the wine industry, but Gisborne Wines chairman John Clarke says the industry is working to even supply and demand to improve it. Announced by Deloitte and New Zealand Winegrowers, Vintage 2010 is the fifth annual finan...
  • Wild For Wine, China Pumps Up Demand, Prices

    With its explosive economic growth, China is sucking in many of the world's major commodities such as metals and minerals and — perhaps most surprising — red wine. Traditionally, the Chinese are not wine drinkers. But as the middle classes earn more money, it seems they are developing a taste fo...
  • Forgotten vines help wine makers fight climate change

    Grapes on the vine crave sunshine, but wine growers in France and elsewhere are starting to worry that global warming is giving them too much of a good thing.And worry they should, if scientists are right.Predicted increases in average temperatures of two, three or even four degrees Celsius (3.6 to ...
  • NZ: Isle of wine

    Waiheke Island's boutique wine industry is growing in experience, variety and profile.Sipping a delicious syrah on the shore of Man o' War Bay makes the battles of Auckland's traffic seem much further than the hour or so they are away. I'm sampling Man o' War vineyard's beachfront cellar door, a new...
  • UK: Smugglers' £1m of cheap alcohol seized at ports

    Smugglers trying to sell more than £1 million of cheap alcohol in the run-up to Christmas had their drinks seized at ports including Poole before they could reach the black market, officials have said. More than 300,000 litres of beer, cider, wine and spirits were held at ports across the south ...

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