Wine Industry News

  • Exports Of Chile Wine Expected To Jump 8% In 2010 - Report

    (Dow Jones)--Exports of Chilean wine are expected to increase 8% in terms of volume and value this year, from 382.9 million liters of bottled wine worth $1.14 billion in 2009, Wines of Chile, an industry group said, according to daily newspaper El Mercurio.Chile is the world's 11th-largest wine prod...
  • Foster's beer and wine businesses 'undervalued'

    INVESTORS could be seriously undervaluing Foster's beer and wine businesses as the market tries to determine what the two businesses are worth in the wake of the company's plan to demerge the two.Morgan Stanley analyst Martin Yule said the $1.5 billion value put on the brewer's wine business was one...
  • Hard To Figure How Many Calories In Alcohol

    Do you know how many calories are in your favorite wine, beer or cocktail?It's not very easy to find out, and those calories can add up really fast.When you buy a can of Coke, it's easy to learn that it contains 140 calories.It's printed right on the can as part of the nutritional information. As C...
  • Research shows consumers spending more on wine to drink at home

    The latest research commissioned by the United Kingdom Wine & Spirit Trade Association shows consumers are willing to spend more on a bottle of wine to drink at home.The last year has seen a 30%-increase in the number of regular wine drinkers paying more than £7 per bottle of wine for domestic cons...
  • Wine grapes help boost Ag production

    Sonoma County -- Buoyed by higher wine grape production, the value of the county’s agricultural sector bumped up some 12 percent in 2009 despite the lame economy, according to the latest Sonoma County Agricultural Crop Report.The county’s 2009 farm year resulted in a gross value of $653,236,600 ...
  • In tough times, wineries turn to creative marketing, discounts

    Tough times have pushed wineries and restaurants to get creative about everything from bottling to marketing, and many have come up with new strategies to build customer loyalty. Among their efforts are a lot of discounting, some production changes to make more of their popular wines and cut back on...
  • When is it necessary to decant red wine?

    Decanting, the process of pouring red wine from its bottle into a new vessel for the purpose of aeration or separation from sediment, hastens the mixing of air and wine and is usually a good idea when serving finer wines.Besides the occasions when you observe sediment in the bottle, the time to deca...

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