Wine Industry News

December, 20, 2010 Brown-Forman to Sell Wine Unit

Brown-Forman Corp., the maker of Jack Daniel's whiskey, has put its wine business up for sale, according to people familiar with the matter, becoming the latest small wine operation to hit the auction block at a challenging time for some parts of the industry. Brown-Forman, based in Louisville, Ky.,...

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December, 20, 2010 Ice Wine: 'Tis the Season

Harvest of 'liquid gold' a success in northeast U.S. and Ontario.With the coming of winter, the thoughts of wine drinkers naturally turn to ice wine, the lush, golden, intensely aromatic dessert wine often called “liquid gold.” When temperatures drop below 18°F, as they did in early December in...

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December, 20, 2010 South Africa: Mulderbosch sold

Mulderbosch Vineyards in Stellenbosch, South Africa, has been sold to California-based investment group Terroir Capital for an undisclosed sum. The purchase will include the entire brand, winery, vineyards, and inventory. Mulderbosch’s sister winery, Kanu, is not expected to be part of the deal. T...

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December, 20, 2010 New London head of Wine Australia: 'there's been too much theorising, not enough plain English'

Yvonne May, Wine Australia's new regional director for the UK, Ireland and the EU, said she would do everything in her power to improve 'the negative press' Australia was receiving. Having specialised in Australia for the last 12 years at the pr agency she runs with David Lindsay, she told Decan...

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December, 20, 2010 Comment - Australian wine industry faces new Constellation

Australia's wine industry is facing seismic changes in 2011 as two of its biggest names, Constellation Brands and Foster's Group, eye sales of their businesses. Constellation has never given up on selling its Australian wine assets and now the Hardys winemaker appears to be close to a deal, just-d...

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December, 20, 2010 Sotheby's wine sales - key facts and figures

Sotheby's sold a record $88m (£57m) of wine at auction in 2010. Here are the key facts and figures. $88,270,602 Sotheby’s worldwide wine sales in 2010 – the company’s highest ever year total for wine sales.11 - The number of consecutive 100pc-sold wine auctions Sotheby's Hong Kong has had si...

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December, 20, 2010 UK: South African wine set to lose protection from EU tariffs

South African wine prices in the UK may go up next year when a trade agreement lapses with the European Union. The current treaty, which allows South Africa to avoid tariffs on up to 80% of its exports, has not been renewed despite negotiations between diplomats. According to reports in South ...

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December, 19, 2010 PA: Private liquor stores? Many say they'll cross that bridge

Sometimes, New Jersey offers Pennsylvanians the unthinkable, something so fine it feels naughty. Such as selling beer, wine, and liquor under one roof. And it is naughty - illegal, in fact - for Keystone State residents to drive back over the bridge, trunks rattling with bottles of booty purch...

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