Wine Industry News

December, 03, 2011 Chinese market 'maturing faster than US'

(Decanter) - The Chinese market is maturing at a faster rate than the US market for fine wine did in the 1980s, auctioneer Richard Brierley says. Brierley, auctioneer for the new joint venture of California-based Spectrum Wine Auctions and London luxury drinks merchant Vanquish, is in Hong Kong for ...

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December, 03, 2011 US: Save Water in Your Winery

(Wines&Vines) - Simple steps can save thousands of gallons of water in winery operations. Industry experts delivered the message during a seminar about water conservation organized by Napa County and held in Yountville on Thursday. Dr. Anita Oberholster, a University of California, Davis, coopera...

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December, 03, 2011 US: TABC issues permit to Wine.com, authorizing on-line wine sales to Texans.

(TABC) - The Texas Alcoholic Beverage Commission (TABC) has issued a Winery Permit to a new Wine.com location in Houston, Texas. This permit authorizes Wine.com to begin selling and shipping wine directly to consumers in Texas. Although Wine.com is not currently producing wine, the company meets all...

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December, 02, 2011 Study: 94% Of U.S. Wine Consumers Prefer Natural Cork

/PRNewswire/ -- Natural cork remains the overwhelming choice for U.S. wine drinkers because it conveys higher quality than alternative closures, according to a recent survey by Tragon Corp., the Company announced today. According to the survey, 94 percent of respondents said they would be more li...

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December, 02, 2011 Exports of Korean Rice Wine to Hit $50 Million This Year

(Chosun) - Exports of Korea's traditional rice wine or makgeolli are expected to top US$50 million for the first time this year on rising demand in Japan and China, the Korea Customs Service said on Thursday. Exports of makgeolli reached $45.3 million in the first 10 months of this year, a close ...

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December, 02, 2011 Leon Panetta toasts Osama bin Laden death with $10K wine

(Politico) - Success never tasted so good. Leon Panetta was finally able to enjoy a rare $10,000 bottle of wine that his friend said he would uncork if the secretary of defense took out Osama Bin Laden.Last year, California restaurateur Ted Balestreri promised Panetta, then CIA director, a couple...

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December, 02, 2011 AUS: Riverland wine grape glut shows signs of easing

(ABC) - There hasn't been much good news for Riverland wine grape growers, but a marked increase in demand for grapes could see prices increase for growers. In recent years, a glut and low prices have meant it's cost more to produce wine grapes than growers could sell them for. Now the new own...

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December, 02, 2011 Wine Industry Sustainability: Social Equity

(Wines&Vines) - Many people consider social equity the element of “sustainability” not related to the environment, but at Napa’s 45,000-case Domaine Carneros Ltd., the company’s dedication to social equity was first powered by the solar panels installed at the Napa sparkling wine facility. ...

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