July, 06, 2011 BMO Wine Report: Are Canadian Producers Poised to Uncork Another Vintage Decade Of Growth?

(Marketwire) - The Canadian wine industry has grown at a relatively fast pace, particularly since the late 1990s. However, there are definite challenges ahead for the industry to maintain its domestic market share against foreign competition and also grow in global markets, according to a new report...

July, 06, 2011 Bulgarian wine sales increase in Q1 by 67%

The Bulgarian wine industry is enjoying an upswing with domestic sales from January to March 2011 exceeding 25.8 million litres, 67 per cent more than the same period last year, the wine agency said, cited by Investor.bg. For the first quarter of last year, domestic sales accounted for about 15.4...

July, 06, 2011 Canada’s wineries feel heat of hot loonie

The high-flying dollar is eroding the competitiveness of Canada’s fledgling wine industry by driving up the cost of exports, while making it cheaper for consumers to purchase imports from countries like Argentina and Australia. That is hastening the need for Canadian vintners to grow domestic m...

July, 05, 2011 US: Pa. liquor board reports record sales of nearly $2 billion, transfer of $496M to treasury

HARRISBURG, Pa. — While a consultant wraps up a study into the pros and cons of privatizing Pennsylvania's state-controlled liquor and wine business, the current proprietor said Tuesday that its financial condition has never looked better. The Pennsylvania Liquor Control Board said sales at sta...

July, 05, 2011 US: Bats Battle Bugs in California Vineyards

Lodi, Calif.—The role of bats in battling bugs in vineyard ecosystems is formally recognized in the Lodi Rules for Sustainable Winegrowing and the California Sustainable Winegrowing Practices programs. The Lodi Winegrape Commission held a grower meeting last week focused on bats for integrated pes...

July, 05, 2011 India inches towards lower taxation on alcohol

India and the European Union are in the final stages of negotiating a free trade agreement that could result in a substantial reduction in India's high tariffs on imported alcohol. The consumption of European wine in India, especially French, has seen a steady increase, with a 25% year on year growt...

July, 05, 2011 MIDAS: Wealthy Asians help to nurture vintage decade for wine buyers

For most people, wine is a pleasant tipple that makes life that little bit more enjoyable at the end of the day. Some drinkers take it more seriously than others. Some drink more of it than others. And a growing number of connoisseurs are buying wine not simply to drink but to make money. The ...

July, 05, 2011 Bright Food denies Treasury Wine buy talks

China's Bright Food Group said on Tuesday it is not in talks to buy any Australian wine assets, denying a media report that it was in internal talks on bidding for Australia's Treasury Wine Estates Ltd. "Currently, we have no Australian wine acquisitions in the works," said Pan Jianjun, general m...