Wine Industry News

February, 04, 2011 China’s Fake Ice Wine Epidemic

Winemakers across the globe are betting that China is the market of the future. The growth in wine consumption and importation there is incredibly rapid. But like any new frontier, the Chinese wine market is a little wild and largely uncharted. One market segment in particular shows the potential pr...

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February, 04, 2011 Fine wine up 3.8% in January

Fine wine started the year strongly, with January prices returning 3.8% growth, but a late rally at the end of the month meant the Dow Jones skipped it into first place with 4% growth.January’s star wines all came from Mouton, Margaux and Haut Brion with the best-performing vintages returning doub...

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February, 03, 2011 Oklahoma Vineyards/wineries start non-profit organization

Many Oklahoma wineries and vineyards have joined together creating the Oklahoma Grape Industry Council (OGIC). The OGIC is centered around statewide local groups, which have existed for years and focus primarily on viticulture – the growing of quality wine grapes. Gene Clifton of Canadian River Vi...

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February, 03, 2011 Oregon Wine Market Stabilizing

Eugene, Ore.—With grapegrowers and wineries in Oregon preparing for the annual Oregon Wine Industry Symposium from Feb. 21-23, the latest snapshot of the industry’s economic health from Northwest Farm Credit Services indicates that wineries are courting more confident consumers. An informal poll...

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February, 03, 2011 Chris de Burgh to auction wine collection

Singer-songwriter Chris de Burgh is set to become the latest well-known figure to sell off part of his wine collection at auction. Best-known for his rendition of 1986 number one The Lady in Red, the Irish-based performer is selling 320 bottles and 84 magnums at Christie’s in London next month.The...

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February, 03, 2011 Lodi Winegrape Commission Targets Consumers

Lodi, Calif.—After 20 years of marketing on behalf of Lodi growers to expand grape sales to winery buyers, the Lodi Winegrape Commission (LWC) is now shifting its marketing efforts to wine consumers. LWC officials presented the new marketing initiative this week at the 59th annual Lodi Grape Day, ...

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February, 02, 2011 Wine Sales in Tennessee Retail Food Stores Would Create Up To 3,500 Jobs

A new economic impact study also finds that allowing wine sales in Tennessee's food stores would bring $19 million to $38 million in tax revenue to state and local governments. Passing legislation to allow wine sales in retail food stores would bring new jobs and revenue to Tennessee, a new economic...

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February, 02, 2011 Chile Wine Maker Concha Y Toro Adds Beer To Its Repertoire

SANTIAGO - Chile's biggest wine producer and exporter, Vina Concha Y Toro SA, will enter the beer market with its agreement to purchase at least 40% of local beer maker Cerveceria Kross. "The objective will be to participate actively in the premium segment of the national beer market... This segment...

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