Wine Industry News

May, 27, 2012 Winemaking Lures the Wealthy, but Not With Profits

(NYTimes) - IF there is one investment that has more to do with the heart than the head, it’s vineyards. It is also one that lends itself to jokes whose punch lines are always about losing money. But that risk has never deterred wealthy people. Nor has the current economic malaise damped their spi...

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May, 27, 2012 Winemakers push China sales at top Asian wine fair

(IndiaTimes) - Some of the world's top wine producers will attend Asia's biggest wine fair in Hong Kong this week, eying new consumers in the booming but still relatively untapped Chinese market. Organizers of the Vinexpo Asia-Pacific trade fair say the slowdown in Chinese economic growth, foreca...

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May, 27, 2012 Wine: Naked Wines is bringing wine lovers and growers together

(Scotsman) - The internet is changing the way we work, think and play. In the wine world, there is a revolution taking place, breaking down traditional barriers in this age-old industry and offering consumers a sense of empowerment and involvement. That is what Rowan Gormley, CEO of Naked Wines b...

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May, 27, 2012 Chinese investors lap up Aussie wine opportunities

(TheAustralian) - WINE regions around Australia are seeing a surge in Chinese visitors carrying open chequebooks. The growing popularity of our plonk in China is luring increasing numbers of investors seeking to cash in on a booming market and capture some of the romance of the industry. China...

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May, 26, 2012 Craft beers brew up booming business across USA

(USAToday) - Oscar Wong has been a beer man since the day he and a buddy caught the lusty aroma of a homemade brew from a janitor's Pepsi bottle back at his alma mater, Notre Dame University."We said, 'That ain't Pepsi,' " says Wong, 71, who emigrated to the U.S. from China in 1959. That day a half-...

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May, 26, 2012 Canada: Politicians rally around B.C. wine bill

(PentictonWesternNews) - Premier Christy Clark was in Penticton Friday afternoon to show her support for a legislative amendment that would further open B.C.’s wines to the rest of Canada. At a rally supporting Bill C-311, held at Poplar Grove Winery, Clark spoke to the frustration that current...

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May, 26, 2012 Trends in Chinese wine-drinking: South American, domestic wines to make inroads

(AFP) - While French Bordeaux may enjoy a stronghold on budding Chinese wine drinkers now, Chilean and Argentinean wines will soon carve out new turf among oenophiles in Asia. That's the prediction of Sarah Kemp, publishing director of Decanter magazine, which wrapped up the largest wine competit...

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May, 25, 2012 Wine fridge stands bottles on end

(CNET) - Wine may come in conveniently sized bottles, but sometimes those 750 ml can be too much. Especially after the first 750 ml. Opening a second bottle of wine takes careful consideration. Not surprisingly, these considerations can be somewhat clouded. We are talking about another bottle of win...

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