Wine Industry News

December, 03, 2010 British Columbia Winery Group Is Foreclosed

British Columbia—An ambitious venture that had set its sights on becoming the largest group of estate wineries in British Columbia is now in receivership. On. Nov. 24, the B.C. Supreme Court appointed Wolrige Mahon Ltd., Vancouver, as receiver manager for operations and assets of Penticton’s Kei...

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December, 03, 2010 Gallo scions create wine with eye on philanthropy

Not every wine company has a following on Twitter. Or its own clothing line. Or a pledge to give more than half of its profits to charity. How millennial.Meet Greater Purpose Wines, a company launched earlier this year by four fourth-generation members of the Gallo family. The idea is to make win...

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December, 03, 2010 Napa: long, cool 2010 promises 'elegant' vintage

Vintners in Napa are reporting ‘excellent quality’ across the region in reds and whites – though the season wasn't without significant challenge.Across the region volumes were low, there is good colour in the must, sugars are good but not excessive, and alcohol levels will be comparatively mod...

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December, 03, 2010 China's Hong Kong, Chile to Promote Ties in Wine Sector

SANTIAGO - Chile and China's Hong Kong on Thursday signed a memorandum of understanding to strengthen ties in the wine sector. Under the document, both parties agreed to exchange wine-related experiences and collaborate in such events as fairs, festivals and wine tasting classes so as to spread w...

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December, 03, 2010 Virginia wine distribution gets new online ordering system

Va. (AP) — Restaurants and retailers wanting Virginia wine have a new system to place orders.The state Department of Agriculture and Consumer Services said Wednesday the online ordering system is for the Virginia Winery Distribution Company. The nonprofit was created by the General Assembly in 200...

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December, 03, 2010 Wine glut prompts changes in Napa Valley

For generations, Napa Valley has cultivated its image as carefully as its grapes: It is America's premiere wine region, known for its boutique operations turning out small quantities of some of the most sought-after wines in the world. But the utilitarian winery in Healdsburg where James Ste...

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December, 03, 2010 Wine 'outperforming oil and gold'

Wine sales are enjoying a bumper winter this year with reported turnover up 200 per cent compared to 2009. According to the Bordeaux Index, a monthly report on the state of the fine wine market, bottles of white and red outperformed gold and oil. Wine prices jumped 5 per cent, year-on-year, betterin...

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December, 02, 2010 Foster's may be getting closer to demerger

Foster's Group Ltd has indicated it is getting closer to pursuing a demerger of its wine and beer businesses, but it is yet to make a final decision.The beverage firm first announced a potential demerger in May, and has been assessing the move and its potential benefits to shareholders since....

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