Wine Industry News

August, 28, 2012 US: Washington wine grapes may bring record harvest

(WesternFarmPress) - After two dicey years, Washington growers and the rest of the state’s $8.6 billion wine industry are looking forward to harvesting what might be a record crop in the coming weeks. It may have felt hot this summer. But among rows of wine grapes high up in the Horse Heaven Hill...

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August, 28, 2012 Thailand's new wine industry gets the taste for success

(BBCNews) - International experts have long scoffed at the idea of growing grapes to make good wine in a tropical region, but Thailand is determined to make them think again. According to conventional wisdom successful vineyards need a cold season, allowing vines to rest so they can produce good ...

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August, 27, 2012 US: Court OKs Wine Sales at Kentucky Markets

(Wines&Vines) - Earlier this month Kentucky’s 1938 statute prohibiting the issuance of a license to sell wine and distilled spirits in grocery stores or gas stations was found to be in violation of the Equal Protection Clause of the U.S. Constitution. The ruling was handed down by John G. Heyburn ...

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August, 27, 2012 US: Wine prices inch back up

(PressDemocrat) - After years of enjoying discounts on fine wines, consumers are finding prices have begun to inch back up. They can partly blame themselves. Feeling slightly more confident about the economy, wine drinkers who traded down from mid-priced varietals during the recession are increasing...

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August, 26, 2012 NZ: Wine industry hailed for virus control

(Stuff) - A South African professor specialising in plant research has congratulated the New Zealand wine industry for executing a world-first in developing an innovative strategy to deal with leafroll virus in vineyards. Vines infected by leafroll virus turn a reddish purple colour before their l...

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August, 26, 2012 MIDCAP-Treasury Wine lags on earnings metrics in Australia consumer staples

(Reuters) - Treasury Wine Estates emerges as the worst performer based on earnings metrics among 14 firms in Australia's consumer staples sector, data from Thomson Reuters StarMine shows. The data includes firms tracked by at least three analysts. The firm fares poorly with an Earnings Quality...

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August, 26, 2012 Bentleys and wine swell China inventory overhang

(Reuters) - Chinese auto dealer Dah Chong Hong Holdings (1828.HK) amassed so much inventory this year that it would take 63 days to sell all of its Bentleys, Toyotas and Isuzus, up from the 42 days' supply it carried in December. For rice wine maker Shanghai Jinfeng Wine Co (600616.SS), a 14 perc...

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August, 26, 2012 US: Former Credit Suiss Banker Sells Exclusive Wines Online

(Bloomberg) - At first it sounds like another story about an investment banker jettisoning his dull job to cash in on the excitement of wine. But as Kevin Sidders, a former investment banker at Credit Suisse (CS) and Blue Beacon Capital, starts talking about his new business, VinConnect Inc., over o...

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