August, 16, 2012 Australia's Treasury Wine sees slower 2013; focus on top brands

(Reuters) - Australia's Treasury Wine Estates, the world's second-largest wine firm, posted full-year profit above analysts' forecasts, but cautioned growth will slow in 2013 as it builds inventory of premium wines for future years. Shares of Treasury Wine jumped 5 percent to a three-month high a...

August, 16, 2012 UK: London Olympics 'absolutely disastrous' for restaurants

(Decanter) - Trade during the London Olympics has been 'absolutely disastrous' for restaurants in the capital, with trade down 40% on normal levels, they say. And they fear business will not improve until mid-September, after the Paralympics are over, blaming the government for warning the public ag...

August, 16, 2012 CHINA WINE IMPORTS COULD BE 50% OF MARKET

(TheDrinksBusiness) - Chinese wine drinkers are showing a strong and growing preference for imported brands, with analysts saying they could grow to achieve 50% of the country’s wine market. Recently released figures from China’s customs authorities show that the country imported 200 million lit...

August, 16, 2012 Australia winemakers cheered over prospect of best vintage in 20 years

(Guardian) - 'Nigh-on-perfect' growing conditions bring good news for industry hit in recent years by bad weather, bush fires and strong currency. After years of heat waves, bush fires and heavy rain, Australia's wine industry is about to benefit from the best growing conditions for grapes in two de...

August, 16, 2012 Women who drink a glass of wine a day during pregnancy affect their child’s growth for nine years

(DailyMail) - Expectant mothers who drink a large glass of wine a day stunt their children's growth up to the age of nine, research reveals. Scientists at Harvard Medical School found pregnant women who had three units of alcohol a day had babies with a lower height, weight and head circumference t...

August, 16, 2012 US: Sonoma County tourism officials unveil new wine-themed ad campaign

(PressDemocrat) - “We are knotty. We are nice.” “We are Sonoma County.” So goes the tag line of a new ad campaign designed to promote Sonoma County’s wine and tourism industries. The print ad campaign, with a knotted old zinfandel vine on the left and plush, trim vineyards on the right, w...

August, 16, 2012 UK: 25,000 bottles of red wine seized by customs in Newport

(BBCNews) - More than 25,000 bottles of red wine have been seized by customs in Newport in a crackdown on alcohol smuggling. The haul at a container storage site in the docks area also included 67,000 cigarettes and 92kg of tobacco. HM Revenue and Customs (HMRC) said the haul, including 25,175...

August, 15, 2012 US: Silver Oak Family Announces Acquisition of Sausal Family Vineyard and Winery

/PRNewswire/ - The Duncan Family, owners of Silver Oak and Twomey Cellars, are pleased to announce the acquisition of Sausal Vineyard and Winery, one of the Alexander Valley's oldest and most admired boutique wineries and vineyard sites. Sausal Vineyards was acquired by the Demostene family in 19...