Wine Industry News

  • Don't cry for Argentina's wine

    Fresh styles, low prices attract U.S. wine consumers.Sorry, Evita, if there's any crying going on in Argentina these days, it's likely to be in the vineyards. And they're tears of joy.Sales of Argentine wine continue to build strongly in the United States, according to The Nielsen Co., a market re...
  • China’s Dynasty May Purchase New, Old World Vineyards

    (Bloomberg) -- Dynasty Fine Wines Group Ltd., part- owned by France’s second-biggest liquor company, may spend almost $150 million to boost capacity by 43 percent to meet rising demand in China.The Tianjin, China-based company may buy vineyards in Australia, New Zealand, Chile or France and has 1 ...
  • Foster's to demerge Beer, Wine units

    FOSTER'S unveiled plans to demerge its beer from its wine operations today, with separate listings for the two businesses.The beverage group said the decision would also be subject to a detailed evaluation of the issues, costs and benefits to shareholders and is unlikely to be implemented until firs...
  • AOL Co-founder Steve Case Backs Online Wine Marketplace Vinfolio

    Co-founder of AOL Steve Case has invested an undisclosed sum in online wine marketplace Vinfolio.The funding comes from Case’s investment company Revolution – partners David Golden and Philippe Bourguignon will join the startup’s board of directors.The deal terms were not disclosed. Vinfolio,...
  • HK, Bordeaux sign wine pact

    Hong Kong and Bordeaux have signed a supplemental memorandum of understanding on co-operation in wine-related businesses, adding new elements to their 2008 deal.Permanent Secretary for Commerce & Economic Development Yvonne Choi signed the document today with Bordeaux Chamber of Commerce & Industry ...
  • China drives world wine market at Vinexpo Asia

    HONG KONG : The fourth Asian Vinexpo featuring 840 exhibitors from 32 countries opened Tuesday in Hong Kong as the global economic crisis pushed exporters to focus on the world's most promising market: China."A little like 2009 vintage Bordeaux, this Vinexpo is exceptional. There are more exhibitors...
  • Vinexpo opens in Hong Kong with Bordeaux to the fore

    Vinexpo opened last night with a dinner for almost 500 people given by the St Emilion Jurade – the first time the ancient organisation has been in Asia. While the Jurade ceremonially initiated new members – including Vinexpo president Robert Beynat and Decanter's veteran advertising manager for ...

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