Wine Industry News

June, 12, 2011 US: Wine Adviser: A toast to a healthier Earth

SUSTAINABLE, ORGANIC and/or biodynamically farmed grapevines are healthier vines and make sturdier, more expressive wines. A lot of folks might disagree with the statement above. But what is beyond debate is the growing movement toward viticulture that places the care of the earth itself as the p...

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June, 12, 2011 California: Plan to cut forest for vineyards faces opposition

ANNAPOLIS,CA (AP) — Two proposed "timberland-to-vineyard" conversion projects that would clear almost 2,000 acres of redwoods and firs in California's Sonoma County have some residents saying enough is enough. Despite recent declines in high-end wine sales and a glut of grape production in Sonoma ...

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June, 12, 2011 AUS: Grape glut to hit hopes of rebound for wine industry

THE Australian wine industry has produced another bumper vintage, dashing hopes that poor ripening conditions over summer would reduce the oversupply that has dogged the industry for the past five years. Analysts say the ongoing surplus will slow the turnaround of Treasury Wine Estates, the forme...

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June, 11, 2011 HEARD ON THE STREET: Weak Tasting Note for Wine Investors

Investing in wine is much like drinking it. Even the finest vintages can disappoint. With interest rates depressed and wealth growing around the world, money has poured into a host of hard assets since the bust. That has translated into surging prices, with the Mei Moses World All Art Index 11% a...

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June, 11, 2011 ITALY OVERTAKES FRANCE TO BECOME BIGGEST WINE PRODUCER

(AGI) Rome - On the results of the last harvest, Italy has now overtaken France to become the world's largest wine producer. The agricultural association, Coldiretti, announced this milestone, quoting European Commission which shows Italian production at 49.6 million hectolitres against France's ...

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June, 11, 2011 US: California wine country suffers a sobering spring

PASO ROBLES, Calif. -- Wild spring weather across California's wine country has been enough to drive a vintner to drink. From killer snow in the Sierra Nevada foothills to dry-season downpours along the coast to a hard freeze in temperate Paso Robles, 2011 is proving to be a challenging vintag...

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June, 11, 2011 UK: Huge rise in sales of wine 'made' in Britain from imported juice

(Dailymail) - Sales of cheap wine made in Britain from imported grape juice are booming due to rising prices in the traditional import market. But UK wine producers say there is still widespread confusion among customers about the difference between this "British" wine and "English wine", which is ...

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June, 10, 2011 US: Starbucks Corporation Expanding Alcohol Ranges

The coffee giant Starbucks Corporation (NASDAQ:SBUX) is going to offer beer and wine in its new store in Portland, which will be opened on 13th June. This is the first coffee store to offer beer and wine in Portland, though the company offers it in three stores in Seattle.Starbucks Corporation (NASD...

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