Wine Industry News

June, 29, 2012 Constellation Brands Doubles Down on Corona to Build on Wine

(Bloomberg) - Constellation Brands Inc. (STZ), the world’s largest wine seller, is doubling down on Corona as it looks to widen its lead as the top U.S. beer importer. The $1.85 billion agreement to buy the other half of its Crown Imports joint venture with Grupo Modelo SAB gives Constellation ...

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June, 29, 2012 Winery expansion raises concerns

(NapaValleyRegister) - A Rutherford winery’s proposal to double production left two wine industry luminaries at odds last week before the Napa County Planning Commission, while raising questions about the future viability of the county’s long-standing rule that Napa wine be made with 75 percent ...

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June, 29, 2012 World's most expensive wine comes in futuristic glass vial

(FoxNews) - Australian fine wine maker Penfolds this week unveiled what it says is the world's most expensive bottle of wine. The 2004 Kalimna Block 42 Cabernet Sauvignon, that the vineyard claims are from the oldest continuously producing vines in the world, will set you back $168,000 and comes ...

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June, 28, 2012 Canada: Winery Puts Law to the Test

(Wines&Vines) - The first exercise of an amendment to Canada’s 84-year-old Importation of Intoxicating Liquors Act is set to play out as consumers respond to a free shipping offer during Canada’s national holiday this weekend. Tinhorn Creek Vineyards in British Columbia’s Okanagan Valley is of...

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June, 28, 2012 Billionaire Bill Foley to take control of NZ Wine Co

(BUSINESSDESK)- Foley Family Wines, owned by the California-based billionaire Bill Foley, is to take control of New Zealand Wine Company, adding the Grove Mill, Sanctuary and Frog Haven brands to its suite of local wines. The merger which will see Foley take an 80% stake in NZ Wines Co, and is su...

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June, 28, 2012 US: Oklahoma Supreme Court upholds wine initiative petition

(AP) — An initiative petition to ask voters if they want to allow grocery stores in the state's largest counties to sell wine was narrowly approved by the Oklahoma Supreme Court on Thursday. In a 5-4 decision, the state's highest court rejected arguments that the proposal violates the state and U....

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June, 28, 2012 Penfolds Unveils Most Expensive Wine in the World with a Unique Closure

/PRNewswire/ - Penfolds, arguably the leading producer of Australian fine wine, will celebrate the provenance of a truly extraordinary wine, 2004 Block 42, with the launch of twelve limited edition Ampoules, the only wine released that has been completely encased in glass - no cork; no screwcap. Eac...

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June, 27, 2012 Do You Really Want to Know? Label Transparency in the Wine Industry

(PalatePress) - What information does the consumer want from the wine he’s about to drink? Today’s labels include the alcohol percentage, sometimes a little tasting note or some generic information on the winery—and more often than not the “contains sulfites” statement. Is this really enou...

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