Wine Industry News

  • Profits Falling in UK Wine Trade - Rabobank

    The latest Rabobank Wine Quarterly focuses on problems in the U.K. wine sector. Exports from major wine producers have improved significantly this year, but are still below pre-crisis levels. And as the world's largest wine importer, the U.K. is set to become even less profitable. “The long-term p...
  • Turkish wine producers toast new platform

    Wine producers have raised their glasses for Wines of Turkey, a new platform to promote Turkish wines globally and support the domestic market. The organization, which is to consist of prominent Turkish producers, will also receive government support.Turkey’s prominent wine producers have founded ...
  • US: Southern Wine & Spirits to buy World Class Wines

    Southern Wine & Spirits of America plans to step up its presence in fine wine distribution by acquiring World Class Wines for an undisclosed fee.Southern Wine & Spirits (SWS) said yesterday (9 November) that it intends to acquire Minnesota-based World Class Wines and will use the business to spearhe...
  • Cutting edge mix of wine and technology

    Onda d’Oro and Vaso, produced by Korean-owned Dana Estates, were designated as official wines of the G-20 Summit.When Korean vintner Lee Hi-sang first went to Napa Valley during the late 1990s to buy land, there were few people who wanted to sell to a foreigner with no experience running a winery....
  • Hong Kong $230,000 Bid Overtakes London-New York Wine Auctions

    He Wei Qi, a businessman from eastern China’s Zhejiang province, says he routinely pays more than 30,000 yuan ($4,500) for a bottle of wine to entertain guests. “A price tag of more than a million yuan a bottle -- that does more than show off your wealth, it shows you have good taste,” He, ...
  • Why France matters in world of wine

    The French have bequeathed much to the world of wine. Here are 5 reasons to raise a glass in their honor.Which pinot noir do winemakers the world over want to, pine to — but, by and large, merely attempt to — emulate? French red Burgundy. Same story with the grape syrah and the northern Rhone �...
  • Grapevine Moth Continues Retreat

    Napa, CA - Last week at the Napa Valley Grapegrowers’ Viticultural Fair, the organization’s biennial local trade show, Napa County farm advisor Monica Cooper and Napa County assistant agricultural commissioner Greg Clark reported substantial progress in the fight against the latest invasive vine...
  • NZ: Oversupply Worries Kiwi Wine Producers

    The battle of values vs. volumes that dogs the New Zealand wine industry causing a glut of wines and an intense pressure carries on, with the owner of a Central Otago Winery insisting that the relentless pursuit of growth will plunge the wine industry into another crash while the volume producers in...

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