Wine Industry News

March, 02, 2012 France: The Most Welcoming Wine Region

(Rendezvous) - Of all the wine regions in France, the Loire Valley, some of whose red wines are featured in my column this week, might be my top choice for wine tourism. For starters, there is plenty to do for those members of a group who don’t get excited by the prospect of standing around in ...

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March, 02, 2012 US: Wine Sales in Food Retail Stores Triggers Job Creation, Consumer Choice

(Nacsonline) - The Food Marketing Institute (FMI) released a study that demonstrates the positive economic impact of permitting wine sales in the 8,489 food stores doing business in states that currently restrict such sales. According to the study, wine sales in those stores would create more than 1...

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March, 02, 2012 Wine.com Hosts Second Annual Industry Summit

(Marketwire) - Wine.com, the nation's number one online wine retailer, hosted its second annual Wine Industry Summit on Tuesday. Attendees included 230 wine industry executives, a 40 percent increase in participation from the 2011 inaugural event, composed of leading winery, import supplier and whol...

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March, 02, 2012 India: 'Free wine industry from 'clutches' of excise dept'

(IBNLive) - Agriculture Minister Umesh Katti today urged Excise Minister M P Renukacharya to free the wine industry from the 'clutches' of the excise department in order to popularise wine consumption in the state. Freeing the industry from excise department would help boost wine consumption, reduce...

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March, 02, 2012 Austria: Wine cellars disappear into the deep

(Austriantimes) - Two historic wine pressing houses disappeared into the ground during the night yesterday (Thurs/Fri) in Austria. A local resident noticed the partly collapsed wineries in the early hours of this morning (Friday). The ground beneath the old buildings had been weakened as a result of...

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March, 02, 2012 Is Now the Time to Invest in Fine Wine?

(CNBC) - 2012 is the best time to invest in fine wine since 2009, according to wine broker Vin-X’s Jeremy Peacock.“We’ve just come off the back of a correction, the third in 25 years, making the market very stable. But like anything, when you have a correction prices are going to drop, it beco...

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March, 02, 2012 Liv-ex 100 Fine Wine Index rose by 1.16% 'with positive momentum' last month

(Paulfrasercollectibles) - Top fine wines from Bordeaux's Right Bank, Burgundy and Italy pushed the wine markets higher in February 2012, according to new figures released by Liv-ex. The Liv-ex 100 Fine Wine Index© is the industry's leading benchmark if you want to know how the fine wine markets...

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March, 01, 2012 Penfolds outrages merchants with 'slap in the face' price hikes

(Decanter) - Wine merchants are turning their backs on Penfolds' Bin wines - whose annual release is today - following price increases that have been labelled a 'slap in the face'. eff Poole, managing director of New Zealand's Fine Wine Delivery Company, and a former employee of Penfolds, who said h...

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