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  • Cosentino Closes Last Two Wineries

    November, 16, 2010
    Yountville, CA -- The shoe has finally dropped on Cosentino Winery. After 30 years in business and repeated attempts to avoid failure, the 70,000-case winery closed its doors Nov. 11 and ceased operations.The highly desirable property on Highway 29 is now for sale. Winery co-founder Mitch Cosentino,...

  • French wine sells for $300k at auction

    November, 16, 2010
    A rare six-litre bottle of 1947 French Cheval-Blanc white wine was sold to a private collector at $US304,375 ($A309,828), marking a world record price for a single bottle, Christie's said on Tuesday. ."We are absolutely thrilled with the result achieved by the bottle of the mythical Cheval-Blanc ...

  • Wine sales jump cheers Foster's

    November, 16, 2010
    FOSTER'S says it has detected early signs of a revival in the fortunes of chardonnay after two years of almost suffocating dominance by New Zealand sauvignon blanc, which threatened to rob the company and the Australian wine industry of drinkers. Recent statistics from Nielsen reveal a return to ...

  • US Wine Category Showing Signs of Improvement - Constellation

    November, 16, 2010
    Constellation Brands, Inc. the world's leading wine company, is expecting growth in US wine consumption as the 21 to 32 year old age group increases. Speaking at an investor conference, Bob Ryder, chief financial officer, said the company has noticed signs of improvement in the US wine category in 2...

  • Ohio State gets $650K to boost state's wine industry

    November, 16, 2010
    It seems a toast is in order. Ohio State is one of seven institutions that has been awarded a portion of a grant to boost Ohio's wine industry. OSU received a $630,000 share of the $3.8 million grant, which is supported by the U.S. Department of Agriculture's Specialty Crop Research Initiative. ...

  • Majestic Wine toasts 20 per cent rise in profits as buyers return

    November, 15, 2010
    Majestic Wine raised a glass to a 20 per cent rise in half-year profits yesterday, saying its decision last year to reduce the minimum purchase in its stores to six bottles had kept sales fizzing. The wine warehouse's increase in earnings, which came in at £7.3m, was also driven by growing sales...

  • Wine: Ground-breaking Fetzer study measures carbon

    November, 15, 2010
    A new study of carbon sequestration on 1,322 acres of Fetzer Vineyards vineyard and wild land in Mendocino County could make the chemical element a huge resource for the wine industry under California’s evolving greenhouse-gas emissions accounting system. Owners of vineyard property should get ...

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