Wine Industry News

January, 19, 2012 UK: London Olympics to generate £300m for wine trade, says study

(Decanter) - London's hotels, restaurants, pubs and bars stand to make an extra £300m from the Olympics - but there are major challenges to overcome as well, new research suggests. Wine distributor Bibendum reckons that food and drink spend in the capital’s on-trade will soar to £1.24bn during 2...

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January, 19, 2012 US: Bulk-wine inventory hits 12-year low

(NBBJ) - The tightest inventory of top varieties of wine available for purchase in bulk in a dozen years and a dwindling supply of those winegrapes could extend the rise in pricing for those fine-wine components into this year, but wineries are hard-pressed to pass those cost increases to consumers ...

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January, 19, 2012 Accolade buys Shanghai distribution company

(Decanter) - Accolade wines is bolstering its presence in the Chinese market with the purchase of a majority stake in a Shanghai-based wine distribution business. Shanghai CWC Wine Trading Company already distributes Accolade’s products – which include California’s Echo Falls, Australia’s Ba...

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January, 19, 2012 Rabobank Report: Dramatic Growth in Bulk Wine Exports Has Shifted $1.4 Billion Along Wine Supply Chain

/PRNewswire/ -- A new report from Rabobank's global Food & Agribusiness Research and Advisory department examines the dramatic growth in the bulk wine trade globally over the past two decades, and implications for wine suppliers as the segment continues to grow. "The Incredible Bulk: the Rise in ...

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January, 19, 2012 US: George Washington Wine Cooler Fetches $782,500 at Christie’s New York Sale

(Bloomberg) - A wine cooler that belonged to George Washington and Alexander Hamilton fetched $782,500 at Christie’s (CHRS) auction today, topping its high presale estimate of $600,000. Three bidders vied for the object, with two on the phone and one in the otherwise quiet auction room for a sa...

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January, 19, 2012 Comparison of effects of red wine versus white wine on hormones related to breast cancer risk

(Eurekalert) - Aromatase inhibitors (AIs) prevent the conversion of androgens to estrogens, and could play a role in the development of breast cancer. This study of 36 pre-menopausal women consisted of a cross-over intervention trial to determine if there were differences between red wine and white ...

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January, 19, 2012 Gallo, Constellation agree to settle lawsuit over fake pinot

(Pressdemocrat) - Think you can tell the difference between a tasty glass of pinot noir and other types of red wine? So did wine giants Constellation Brands and E&J Gallo, but apparently they were duped. So were consumers who bought some of the mislabeled wines, and they took their disappointment to...

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January, 19, 2012 Research unravel mechanisms of beneficial components in red wine

(NutraIngredients) - Both the alcoholic and non-alcoholic compounds in red wine have separate and potentially beneficial or protective effects that could reduce the risk of heart disease, say researchers. A new randomised trial of red wine - published in the America Journal of Clinical Nutrition - r...

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