May, 20, 2011 BRAZIL: Brazilian wine exports set for strong rise in 2011

Wines of Brasil expects exports from the country's fledgling wine industry to rise by a third in value in 2011. The trade body has forecast exports of US$4.4m for the 12 months to the end of December this year. If the target is hit, that will constitute a 33% increase on the value of exports in 2...

May, 20, 2011 Corking rewards for investors who know their wine

An increasing number of investors are looking to make money from the wine industry – particularly in China.How are your investments doing, if you don’t mind me asking? Does a morning reading of the ups and downs of shares, commodities and currency markets leave jangled nerves? Then how about ...

May, 20, 2011 Better for environment: wine cork or screw-cap?

Dilemma: If all three Pinots are equally appealing to me, should I opt for the one with the natural cork, synthetic cork or metal screw-top before I toast to Mother Nature? Of course I'll: Choose natural cork. It's a renewable resource. Trade-off: The corks aren't easily recyclable, and there ...

May, 20, 2011 Napa Valley, Korean Style

Hi Sang Lee is proud of his motto "plus one," which means making the effort to take one more step. "We want to be the best at whatever we do," he said. It took many steps—and locals estimate over $25 million—for Mr. Lee to achieve one of his goals: Create a winery that could reach the pinnacle ...

May, 20, 2011 Constellation sniffs Treasury

THE chief of US drinks giant Constellation Brands has flagged an interest in buying Treasury Wine Estates following Treasury's demerger from brewer Foster's earlier this month. Constellation chief executive Rob Sands said the company would evaluate an acquisition of Treasury if the newly independen...

May, 19, 2011 UK: 'Royal wedding' wine gets gold for Kent vineyard

A Kent vineyard has won gold at the wine industry's "Oscars" for a wine reportedly drunk at the royal wedding. Chapel Down in Tenterden triumphed with its Rose Brut at The International Wine Challenge 2011. It has been widely reported that Prince William and Catherine Middleton chose the sparkling r...

May, 19, 2011 China: The wrong use of wine power

The local government of Moutai town in Renhuai city, Guizhou province, recently announced that all shops in Huaimao South Road should sell white wine, and ordered the forcible closure of shops that did not. This move is nothing but illegal and should be stopped by all means, says an article on eastd...

May, 19, 2011 AUS: 50 jobs lost in Foster's cost cuts

After its momentous $11 billion spinoff with Treasury Wine Estates this month, Foster's Group will cut up to 50 workers whose jobs are considered redundant at its crown jewel Abbotsford brewery plant in Melbourne, Australia as part of the company's efficiency improvement program....