Wine Industry News

  • Cool California harvest in full swing

    With rain showers looming, the Northern California grape harvest is in full swing. After a long, rainy winter and spring, bud break got off to a late start and was followed by one of the coolest summers in the last 60 years. According to Napa winegrower David Beckstoffer, those who managed their vin...
  • Foster's eyes growth in US premium-wine sector

    Global beverages firm Foster's Group Ltd says consumers known as "millennials" will drive growth in the premium wine sector in the key United States market as they drink new products such as "Sledgehammer". The United States is Foster's biggest wine market, accounting for 50 per cent of wine reve...
  • Strong Australian dollar hits Foster's wine exports

    Foster's says the high Australian dollar is continuing to hurt its wine exports, although prices for wine have stabilised in recent months. In the second day of analyst briefings, Foster's said in a presentation it was aiming to improve margins in its wine business by getting consumers to trade u...
  • Lebanese wineries come to London

    The newly-created UK office of Wines of Lebanon is holding its first tasting in London. Earlier this year 11 members of the Union Vinicole du Liban (UVL), the country’s trade association, joined together in order to increase their country’s profile in the UK. Now, for the first time, eight Le...
  • Taylor's releases £2,500 Port

    A pre-phylloxera tawny port with more than 150 years of cask age has been released by Taylor’s with a price-tag of £2,500 a bottle, breaking new ground for the category. Taylor’s Scion, which has been maturing in the Douro since 1855, was bought in cask by the company earlier this year, but wo...
  • Corbett backs privatizing state's liquor, wine sales

    HARRISBURG -- Attempting a historic change in the way Pennsylvania sells liquor and wine, Republican gubernatorial candidate Tom Corbett proposes to end the state's monopoly and allow sales at private stores. Corbett, if elected Nov. 2, would attempt what Republican Govs. Tom Ridge and Dick Thorn...
  • UPDATE 1-Foster's beer volumes fall; wine spinoff on track

    (Reuters) - Foster's Group (FGL.AX), Australia's largest brewer, gave a subdued outlook for its core beer market on Thursday, with sales volumes in decline, but said it was on track to spin off its wine business early next year. Foster's soft beer outlook, linked to a weakening in Australian consume...

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