Wine Industry News

April, 13, 2012 US: City Winery aims to improve on Manhattan original

(ChicagoBusiness) - City Winery, the Manhattan restaurant, micro-winery and music venue that aims to open its Chicago outpost in August, tapped into its new space this week. Owner Michael Dorf "broke ground" on the West Loop site, a former food distribution warehouse at 1200 W. Randolph St. (P...

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April, 13, 2012 France: A Good Year for White Burgundy at a Good Price

(WSJ) - Every time a great vintage is declared, it's always a mixture of good and bad news. Bad because the best wines can be scarce and the prices often high. Good because even the "lesser" wines are likely improved—and also well-priced. This column actually contains only good news: It's about th...

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April, 13, 2012 US: Wine-in-grocery-store ballot language approved by Oklahoma Attorney General's office

(Newsok) - The state Attorney General's office has approved ballot language aimed at eventually allowing the sale of wine in certain Oklahoma grocery stores.Once the ballot language is published in three state newspapers, the group Oklahomans for Modern Laws will need only wait 10 days for any prote...

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April, 13, 2012 Bordeaux Châteaus Say They'll Lower Prices, But How Much?

(WineSpectator) - After Americans passed on the 2010s, the first-growths are hinting that they'll drop prices substantially.Wine professionals from around the world have descended upon Bordeaux for the annual tastings of the new vintage. This is Bordeaux’s moment to dazzle, with Michelin-starred c...

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April, 12, 2012 BEER TRENDS: Brewers rolling out the barrel for fine, aged beers

(WashingtonPost) - Fine wine is said to improve with barrel aging. So why not fine beer? That’s the thinking behind the emerging craft beer trend of aging brews in the barrel to give them more complexity. “There’s something extra about the flavor,” says Dougal Sharp, master brewer and owne...

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April, 12, 2012 California Grapes International, Inc. Receives $10,000,000 Reserve Equity Financing from AGS Capital Group

(BUSINESS WIRE) - California Grapes International, Inc. (otcpink:CAGR) a leading provider of full service export, marketing, promotions, distribution and sales for the CA Wine Industry internationally, confirms it has now received a $10,000,000 in Financing from AGS Capital Group, LLC a US based spe...

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April, 12, 2012 US: Tech Maven Decries Wine's Innovation Problem

(Wines&Vines) - Tim Bucher, a tech maven looking to change the way wine is sold, said the wine industry has an innovation problem. Not in making wine, but in selling it. Bucher, who addressed a group of Sonoma State University business school students and professionals at the school’s annual mixer...

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April, 12, 2012 Spain: Sogrape buys Bodegas LAN

(Decanter) - In the first major takeover of a Spanish wine business by a Portuguese rival, Portugal’s Sogrape has acquired Rioja-based Bodegas LAN from its private equity owner for an undisclosed sum.The deal with Spanish investment group Mercapital includes Fuenmayor-based LAN’s main operations...

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