Wine Industry News

May, 01, 2011 AUS: Foster's beer assets in foreign takeover bid

SPECULATION is intensifying that a foreign predator could swoop on one of Australia's best-known companies - Foster's - now the demerger of its beer and wine businesses is almost complete. Takeover talk has increased since shareholders overwhelmingly backed the split on Friday. Overseas media ...

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May, 01, 2011 China's insatiable thirst for fine wine threatens to burst Bordeaux bubble

Bordeaux prices are soaring as buyers in Hong Kong develop a taste for the famed French wine.It is one of the most hotly debated topics in the world of wine: is the Bordeaux bubble about to burst? The price of one of France's most celebrated wines has soared over the last 12 months as British buyers...

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April, 30, 2011 UK: Cheap wine is just as good as expensive wine - Hertfordshire professor

That’s according to a University of Hertfordshire professor whose experiment says you shouldn’t be a ‘plonker’ by being fooled by the price tag. Richard Wiseman’s The Taste Test showed that inexpensive bottles can taste just great, with results showing neither his 435 tasters nor the ex...

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April, 30, 2011 Could Chemicals in Wine Improve Stent Performance?

(HealthDay News) -- A new study in rats suggests that coating stents with two chemicals found in red wine may help them do a better job of propping open arteries after angioplasty. Stents are designed to keep blood vessels open and unclogged, and they now come coated with medications designed to ...

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April, 29, 2011 US: Petite Sirah Research Takes Shape

Bogle donation enabled planting at UC Davis; more funding needed to determine clonal differences and wine sensory factors.A research vineyard block planted to compare characteristics of traditional California Petite Sirah clones is in its second growing season at the University of California, Davis....

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April, 29, 2011 US: Winery buyers reveal expansion plans

Five of the most likely buyers of California's premier wine brands gathered in Santa Rosa on Thursday to discuss the future of the industry.They sat on a podium in a hotel ballroom like prize fighters before the championship fight, all five of them answering questions and explaining how they plan to...

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April, 29, 2011 AUS: New wine group eyes US exports

TREASURY WINE ESTATES, the wine business newly demerged from Foster's, will investigate opportunities to sell more Californian-grown wine to Europe and Australia as the feeble US dollar makes United States wine exports highly competitive. The incoming wine division chief executive, David Dearie, ...

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April, 29, 2011 Foster’s Investors Approve Spinoff of Treasury Wine Unit

Foster’s Group Ltd. (FGL), Australia’s biggest brewer, said shareholders approved the spinoff of its Treasury Wine Estates unit into a separate company with almost 100 percent of votes backing the proposal. About 0.3 percent of votes were opposed to the spinoff, Melbourne-based Foster’s sai...

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