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August, 23, 2012 Chinese Investors Snap Up This Burgundy Vineyard As Thirst For French Wine Grows
(BusinessInsider) - The chateau producing Napoleon's favourite red wine, one of Burgundy's most prized vineyards, has been sold to a Chinese gambling tycoon, sparking dire warnings from local growers of a "foreign invasion" of mainly Asian investors. The unnamed casino magnate from Macao outbid loc...
read more »August, 23, 2012 U.S. Wine Consumption Records 18th Year of Growth
(NacsOnline) - U.S. wine consumption grew 3% last year to reach 312.4 million 9-liter cases, according to The Beverage Information Group’s (BIG) recently released 2012 Wine Handbook. The group reports that 2011 was the 18th year of growth for the U.S. wine industry, as sweet reds and higher-end...
read more »August, 23, 2012 Delicato to Move Bottling
(Wines&Vines) - In a bit of musical chairs, DFV Wines, the large wine company owned by the Indelicato family, is moving its bottling plant (and more) out of Reata Winery and into a leased building near the entrance to Napa County Airport. It will occupy 33,500 square feet of a recently built 107,000...
read more »August, 23, 2012 Wine Business Website Helps Realtors to Promote Vineyards and Wineries for Sale
(SBWIRE)- Thanks to the online world, we are more linked, far well informed plus much more efficient when we are looking to purchase or lease a property, which is true for the most of the real estate buyers and sellers as well. Past gross sales facts, latest listings, digital tours, photographs as w...
read more »August, 23, 2012 EU group slams protectionism in China wine row
(AFP) - A European business group on Wednesday criticised Chinese calls to probe EU wine imports as "protectionist", as a dispute between the major trading partners threatened to escalate. The China Alcoholic Drinks Industry Association this week formally requested the government to investigate w...
read more »August, 23, 2012 S.Africa seeks steps to counter British bulk wine buy-official
(Reuters) - South Africa is mulling retaliatory measures to protect its centuries-old wine industry and counter job losses caused by a British retailers' move to buy the product in bulk rather than in bottles, a trade official said. British retailers including Tesco and J Sainsbury are bottling t...
read more »August, 23, 2012 Wine Press: Corks or screw caps? Does it make a difference?
(DailyPress) - Since the introduction of screw caps in the wine industry, there has been a constant battle over which is more effective, corks or screw caps, and why. But one of the more interesting questions is how the average consumer reacts to the choice of these two closures. In the August 20...
read more »August, 23, 2012 US: Drought could produce good wine in Midwest
(AP) — Most of the grapes in Glenn Warnebold's vineyard in Missouri's picturesque wine country are about two-thirds of their usual size. Others have been reduced to raisins by the drought that burned up many crops across the Midwest this summer. Yet Warnebold figures it could be a good year wit...
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