Wine Industry News

August, 22, 2011 US: California Vineyard Gets Fracked

Los Alamos, Calif.—Hydraulic fracturing, a controversial petroleum extraction method better known as hydrofracking or fracking, has begun in a Santa Barbara County vineyard. Oil drilling, including highly visible offshore platforms, has been going on in the Central Coast county for decades, but fr...

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August, 22, 2011 NZ: Kiwi's flight weighs on wine

The wine industry is no longer in surplus thanks to growing exports, but the turnaround is being kneecapped by currency swings, New Zealand Winegrowers says. The pan-industry group will hold its annual gathering in Auckland this week, where the theme is profitability. Focus has swung in one sh...

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August, 22, 2011 Global Demand Rising, But Sales Down For Treasury Wine

(Dow Jones)--The world is getting thirstier for wine, the chief executive of one of the world's largest wine makers, Treasury Wine Estates Ltd. (TWE.AU), said Monday, even as the company reported a 6.6% drop in sales volumes in its annual accounts. "Demand for wine globally continues to increase ...

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August, 21, 2011 Plastic bags in wine boxes: BPA-free?

Question: I am a retailer and have had customers ask whether the plastic bags in wine boxes are BPA-free or not. What can I tell them? Answer: The short answer is: "It depends." A fairly recent innovation in wine packaging, the so-called Bag-in-Box (BIB) dispenser makes use of a plastic bag with a ...

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August, 21, 2011 Vintner loses No. 1 status, toasts new growth

(AP) — Richard and Rob Sands took their father's little wine company on a two-decade buying binge, turning a regional purveyor of low-pedigree plonk into an alcoholic-drinks powerhouse with moderately priced wines, spirits and imported beers like Robert Mondavi, Svedka and Corona Extra. Along t...

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August, 21, 2011 Treasury Wine Estates FY Net Profit A$64.1M, Final Div 6c

(Dow Jones)--Treasury Wine Estates Ltd. (TWE.AU) reported Monday full-year net profit of A$64.1 million as the volume of wine sales fell 6.6%. Chief Executive David Dearie said in a statement the result, its first since the company was demerged from beer brewer Foster's Group Ltd. (FGL.AU) in May...

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August, 21, 2011 US: Allowing wine shipments would hurt N.J.

It's unlikely the person enjoying a glass of wine this summer is aware of the controversy swirling around the wine industry in New Jersey, but it's an important issue for New Jersey's economy that must be handled correctly. Wineries and vineyards have become important ambassadors of New Jersey's ...

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August, 21, 2011 US: Chamber wants wine in Oklahoma grocery stores

Changing the state's liquor laws would bring more retailers to the state, the Greater Oklahoma City Chamber said, including warehouse giant Costco, which said it could open several stores here over the next three years.If one of the country's top retailers said it would bring multiple stores to Okla...

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