Wine Industry News

September, 28, 2017 Survey: Wineries Plan to Raise Prices, Production

(Wines&Vines) - Acquisitions and grape supply, plus direct-to-consumer wine sales and the consolidation of sales channels were hot topics earlier this week, when the 26th annual Wine Industry Financial Symposium was held at the Napa Valley Marriott. More than 300 executives and professional ...

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September, 28, 2017 Turns Out Hugh Hefner Is Responsible for Launching Food & Wine Magazine

(Grubstreet) - Looks like people did read at least one Hugh Hefner magazine for the articles. Food & Wine  reminded readers  today of a little-known fact about the Playboy founder, who  passed away last night  at 91: Believe it or not, he was also re...

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September, 27, 2017 US craft beer contributes $68bn to the economy

(TDB) - In a report released by industry group the Brewers Association, it was revealed that the US craft beer industry contributed $67.8 billion to the US economy, as well as more than 456,000 jobs, in 2016. The figure was obtained by the Brewers Association via its annual ‘Beer Industry ...

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September, 27, 2017 Why You Want to Pay More for Wine

(Wine-Searcher) - Price was the big topic when the US wine world's suits got together in Napa. You're going to pay more for wine next year and you're going to like it. That was one of the principal takeaways from the Wine Industry Financial Symposium, a two-day seminar in Napa for the CEOs and CF...

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September, 27, 2017 Study: US wine industry pumped $219.9 billion into economy

(PD) - The U.S. wine industry pumped $219.9 billion into the U.S. economy last year, primarily from California, according to a study released Wednesday by WineAmerica, the National Association of American Wineries. The wine industry supports 1.74 million American jobs, according to the study con...

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September, 27, 2017 Corks Make Wine Taste Better, According to the Results of This Experiment

(Food&Wine) - Almost exactly two months ago we reported on an experiment that was intended to test if the sound of a cork pop makes wine taste better . Called "The Grand Cork Experiment," this research definitely needs to be presented with a disclaimer: It was funded by the Portuguese Cork Ass...

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September, 27, 2017 NPR Launches Wine Club To Help Fund Public Radio

(Forbes) - There's a new public radio product to stuff in your beloved NPR tote bag: Wine. On September 26, NPR announced its new membership package, the NPR Wine Club , which will help fund public radio and reward subscribers with quarterly deliveries of twelve premium wines. The ina...

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September, 27, 2017 $12.6 Million Settlement Proposed in WTSO Wine Flash Site Deceptive Sales Lawsuit

(Wineindustryinsight) - Wines ‘Til Sold Out (WTSO) is close to settling a class action lawsuit for $12.6 million in cash and consumer credits. A proposed settlement has been agreed upon by WTSO and a group of law firms who argued that the flash wine site’s sales tactics were deceptiv...

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