January, 25, 2011 Indians Ready for Wine-at Lower Prices

Wine may not have won over the beer and whisky guzzling Indians fully yet-just over a million cases of wine are sold annually in India but the popular accompaniment with food around the world is waiting to explode as a lifestyle product - if priced right, according to various Indian experts, claims...

January, 25, 2011 Chinese consumers develops a taste for French wine

Chinese consumers have developed a taste for French wines in recent years but there are threats ahead that could put the trend in jeopardy.The Chinese wine market has boomed in recent years and shows little sign of slowing down. Statistics from the International Wine and Spirit Research (IWSR) put t...

January, 25, 2011 Wine, Grape Pros Gather In Sacramento

What’s billed as the nation’s largest annual wine and grape industry trade show opens today in Sacramento.Thousands of grape growers and wine makers from around the world will be meeting for the Unified Wine and Grape Symposium. Ken Freeze is with the conference. He says the wine industry has fa...

January, 24, 2011 China's wine production to overtake Australia's in the next three years

CHINA'S wine production is growing so rapidly it could overtake Australia in the next three years, a new industry report shows. A report by French wine exhibition organisers Vinexpo shows China produced 72 million cases of wine in 2009, up 28 per cent from the previous year. Denis Gastin, a commerci...

January, 24, 2011 New Life for Wine Bottles in Michigan

Traverse City, Mich.—Despite concerted efforts from the glass industry to encourage the recycling of bottles and other glass packaging, a sizeable proportion still ends up in landfills instead. Lisa Carlson, a nurse and entrepreneur in Traverse City, Mich., believes that only 30%-40% of wine, beer...

January, 24, 2011 Asia’s Thirst for Fine Wine Continues

Wine auctions in Hong Kong over the weekend proved that the thirst for pricey bottles remains at a high. Two major auction houses posted better-than-expected sales, in a sign that the city’s buoyant wine scene is continuing its bullish run. The most-buzzed about was Sotheby’s auction of French w...

January, 24, 2011 Foster's shares jump amid report SABMiller has cleared bid

(Reuters) - Shares in Australia's Foster's Group (FGL.AX) rose more than 4 percent on Monday following a report that brewer SABMiller Plc (SAB.L) may have cleared some operational hurdles it faced if it decided to bid for the brewer's $10 billion beer business. Foster's, which plans to split its ...

January, 24, 2011 Austrian wine industry announces record value

The Austrian wine industry has announced a positive year in 2010, despite difficult market conditions. Although the low harvest volume in 2009 resulted in a sharp drop in barrel exports, exports of bottled wine showed a positive rise reaching the highest ever price average of more than € 2 per lit...