August, 21, 2012 The Big Lie of Wine Democracy

(WineSpectator) - Can truly fine wine ever be anything other than intrinsically elite? In American culture—and never more so than in a presidential election year—we hear a lot of huffery-puffery about democracy. It's a touchstone of American life that everything should be available to everyone. ...

August, 21, 2012 China: Producers see red over 'wine subsidies

(ChinaDaily) - Dispute with the EU highlights growing trade friction, experts say. The government has been asked to investigate if European winemakers are being subsidized and dumping their produce in China, a move analysts said is Beijing's latest response to the European Union's rising trade prot...

August, 20, 2012 Napa Valley proclaims 2012 vintage a 'classic'

(Harpers) - The Napa Valley is getting ready to kick off its 2012 harvest with winemakers describing it as “one of the most balanced crops in years”, thanks to the “marvellous growing season”. With the harvest forecast for around two weeks earlier than the past two years, the 430 wineries o...

August, 20, 2012 US: New Owners for Valley of the Moon Winery

(Wines&Vines) - Sonoma's Valley of the Moon Winery is the first acquisition on what could be a West Coast acquisition trail for Calfornia’s Zepponi and British Columbia’s Stewart families. Speaking to Wines & Vines in the first media interview regarding the acquisition, Dan Zepponi of West Co...

August, 20, 2012 Is This Bottle of Wine Worth $168,000?

(WSJ) - Founded in 1844, Penfolds is one of Australia’s most established winemakers, producing some of the country’s finest – and most expensive – wines. It recently introduced its priciest offering yet: the label’s rare, prized 2004 Kalimna Block 42 Cabernet Sauvignon presented in a limit...

August, 20, 2012 Wealthy wine investors ‘not out for financial gain’

(Decanter) - Wine isn’t seen as a worthwhile alternative investment by the rich, according to a new report commissioned by Barclays. In a global survey of over 2,000 people worth at least £1m each, most cited wine last in a shortlist of ‘treasure assets’ – including fine art, classic cars, ...

August, 20, 2012 Is China threatening to take on the wine industry?

(FoxNews) - We constantly hear threats the China is going to overtake the U.S. to become the largest economy in the world. And while many of us don’t believe it, we’ve gotten accustomed to hearing it. But is China threatening to take on the wine industry? Sure, we know its millionaires a...

August, 20, 2012 Smartphones revolutionizing wine sales for ‘Millennials’

(NBBJ) - In case you haven’t noticed, young adults no longer wear watches. Is it because they are indifferent to the time of day and have nowhere to be? Of course not. It’s because smartphones have taken the place of watches, as well as encyclopedias, dictionaries, phone books and in many cases,...