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  • Foley acquiring Chalk Hill Winery

    June, 11, 2010
    Chalk Hill Winery, the high-end wine estate of famed class-action attorney Fred Furth, is being sold to insurance magnate William Foley, Furth confirmed Thursday.Terms of the deal were not disclosed, but sources estimate the sale price could approach $100 million, making it one of the largest deals ...

  • Bordeaux 2009: high prices risk 'alienating' US market

    June, 11, 2010
    As American merchants express concern over pricing trends for Bordeaux 2009, a Bordeaux chateau representative says that the US market is being alienated. At Sherry Lehman in New York, owner Chris Adams says that there is 'great excitement' for the vintage but he calls the futures campaign 'uneven'....

  • SVL Group buys Chateau d'Avize

    June, 10, 2010
    A Russian entrepreneur has unveiled plans to buy Chateau d'Avize in Champagne. Boris Titov's SVL Group says it intends to turn around the fortunes of the Cote de Blancs based property, formerly owned by the LVMH group. SVL also owns the 100-year-old Russian sparkling wine house Abrau-Durso in the No...

  • Bordeaux 2009 sales 'on knife edge': Liv-ex

    June, 10, 2010
    Sales of Bordeaux 2009 are 'balanced on a knife edge', Liv-ex has warned, though merchants disagree. The web-based trading platform, on which a case of Lafite 09 was traded last month for £10,000, before the chateau had priced or released the wine, says in its latest market report there is 'a very ...

  • Asia Beckons Idaho Wines

    June, 10, 2010
    Idaho -- Idaho wineries aren’t being left behind as Northwest wines gain traction in Asia. Washington and Oregon signed a memorandum of understanding in late May with the Hong Kong Commerce and Economic Development Bureau that promises to “strengthen co-operation in promoting wine-related tradin...

  • More regulations for wine producers

    June, 10, 2010
    COLUMBUS - Although no one is disputing the need to ensure quality and safety in food and drink products, a recent push by the Ohio Department of Agriculture to step up its inspections of the state’s wine wholesalers has some local business owners concerned.Wine producers in the area have been wor...

  • U.S. adds $1.75M to fight grape moth

    June, 09, 2010
    Federal agriculture officials say the government will spend another $1.75 million to fight a pest that has imperiled California's signature fruit. The U.S. Department of Agriculture's Animal and Plant Health Inspection Service said Tuesday that it will use funding from the 2008 farm bill to arrest t...

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