Wine Industry News

January, 30, 2011 China seizes 70 tons of fake wine

Up to January 10, 2011, China has seized as much as 75 tons of fake wine and revoked six business licenses in a national food safety campaign launched in December, last year. The State’s food safety office told reporter Friday. This campaign targeting fake and low-quality wine is still underway.A...

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January, 29, 2011 Virginia Wine Makers Ready For Tax Credits

Concord, VA - Virginia farm wineries and vineyards are offering their thanks to Lynchburg Delegate Scott Garrett. Garrett is the sponsor of House Bill 1837, which will provide a quarter of a million dollars in tax credits to wine producers across the Commonwealth. The bill has passed through ...

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January, 29, 2011 UW students turn wine into water

In a turnabout of the Cana miracle from the Gospel of St. John, a group of University of Washington engineering students is seeking to transform wine into water. Vintages from the Palouse, Nota Bene and Adytum wineries will be poured Monday night in a UW Engineers Without Borders fundraiser to su...

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January, 28, 2011 Community Bank seizes Whitman Cellars winery in Walla Walla

The Walla Walla property of Whitman Cellars was seized Friday as the result of a lawsuit by Community Bank claiming the winery owes it more than $2.6 million. "The doors are closed effective immediately," according to a news release from Andrea Burkhart, the bank's attorney."Community Bank is in ...

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January, 28, 2011 Good news at Unified

In a big turnaround from the message last year, attendees at the Unified Wine & Grape Symposium in Sacramento heard a mostly upbeat presentation at the yearly wine trade show. Unified, by far the largest trade show in America for wineries, winemakers and growers, is jointly sponsored by the Califor...

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January, 28, 2011 When they couldn’t buy the wine, they bought the winery

Some of the world’s most recognizable wines are expensive, hard-to-get items that make wine collectors swoon. They include Chateau Latour, a classic Bordeaux; Penfolds Grange, a shiraz from Australia; Chateau d’Yquem, a phenomenal Sauternes, and many other iconic and expensive wines.Then there a...

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January, 28, 2011 Christie's Reports a $1.9 Billion Surge Powered by Contemporary Art and Fine Wine

NEW YORK – Wine is up. Old Masters are down. Hong Kong is rising. But New York is still number one. Such are the details about the auction business that can be gleaned from a statement Christie's has released about its 2010 performance, which breaks down the house's record $5.2 billion total sa...

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January, 27, 2011 U.S. Wine Market Is Most Lucrative

Sacramento,CA — The United States is “by far the most lucrative wine market in the world,” according to Bill Turrentine, and that’s both a blessing and a curse. Turrentine, chairman of the board for Turrentine Brokerage, was one of three industry experts to speak Thursday at the Unified Wine...

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