Wine Industry News

May, 17, 2012 Shipwreck Champagne to be auctioned

(Decanter) - A cache of 200-year-old bottles of Champagne discovered at the bottom the Baltic is to be auctioned next month. Four bottles of Veuve Clicquot, six bottles from the now-defunct Champagne house Juglar, and one Heidsieck & Co go under the hammer at Mariehamn on 8 June. Mariehamn is th...

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May, 17, 2012 US: Wine Consumption Stays Steady

(WineMag) - The Wine Market Council reports that wine consumption in the U.S. has held steady over the past three years, despite economic hardship.The U.S. economy has no doubt seen its fair share of peaks and valleys over the past three years, but one trend the turbulent economy hasn’t negatively...

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May, 17, 2012 Stamford Targets $100 Million for Bordeaux Wines, Jade Antiques

(Bloomberg) - Stamford Management Group, a Singapore-based family office that oversees about $300 million, is seeking $100 million from investors as it opens up funds that buy French Bordeaux wines and jade antiques. Stamford, which looks after the wealth of three families including that of Chair...

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May, 16, 2012 ‘Confusing’ EU wine labelling rules unfit for consumer needs: UK winery

(BeverageDaily) - An award-winning UK winery pulled up by regulators for illegally calling a wine it made using Argentinian grapes ‘wine’ under EU law says that current labelling rules are hopelessly out of step with consumer needs. Chapel Down Winery imported Argentinian grapes to produce a one...

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May, 16, 2012 US: Big shift in grape market impacts North Coast wineries, growers

(PressDemocrat) - The wine grape market has shifted so quickly and dramatically that wine industry veterans are calling it a game change. A looming grape shortage and growing demand for California wines have driven grape prices higher, with some grape prices doubling in the span of a year. And wi...

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May, 16, 2012 Corkheads: Is that wine orange?

(MercuryNews) - What gets a wine geek's juices flowing? Aroma, certainly. Nothing's quite as satisfying as that first whiff of lychee in a glass of gewürztraminer, or the unmistakable l'eau de jerky in some syrahs. Color plays a close second for me. In addition to its bracing acidity, the thing ...

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May, 16, 2012 The $1.3m wine hoax: How one man sold cheap Napa plonk as the world's finest vintage... and fooled the industry elite

(DailyMail) - As a fraudster is indicted for a $1.3million hoax counterfeiting rare wines and selling the bottles, attention has fallen to the consumer-trusted wine experts who were so easily fooled. The world's most respected taste buds bought, sold and wrote about Rudy Kurniawan's wine collecti...

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May, 16, 2012 US: Sheraton teams with Wine Spectator for 'Social Hour'

(USAToday) - Starwood's Sheraton chain is rolling out new wine menus and a wine tasting hour in a bid to give guests another reason to socialize in hotel lobbies while boosting wine and food sales. Unlike boutique hotel operator Kimpton, Sheraton hotels won't offer guests a free, full glass of wi...

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