December, 01, 2010 Feds Debate Stricter Wine-Label Rules

Single Vineyard, Old Vines, Estate, Reserve—the terms are common on wine labels, but are they self-explanatory? Or do they allow marketers to dupe consumers? The Alcohol and Tobacco Tax and Trade Bureau (TTB) screens the proprietary terms that vintners use on wine labels and advertising materials ...

December, 01, 2010 Constellation Brands completes $300M buyback

Constellation Brands Inc. has completed a $300 million accelerated stock buyback, the wine, beer and spirits company said Wednesday.Constellation, whose brands include Robert Mondavi and Ravenswood, anticipates the buyback will add about 9 cents per share to its fiscal 2011 earnings.In April Constel...

December, 01, 2010 Glaxo Ends Study Of 'Red-Wine' Drug; No More Studies Planned

GlaxoSmithKline PLC formally terminated a clinical trial of an experimental drug designed to harness the potential health benefits of red wine, saying it had minimal efficacy in cancer patients and could potentially exacerbate kidney complications. The U.K. drug maker also reiterated that it isn'...

December, 01, 2010 China starts residents relocation to protect "national liquor"

However, a worsening environment could pose a severe threat to the sustainable development of Kweichow Moutai, he noted. Kweichow Moutai Co..Ltd., the liquor producer, announced that over the next five years it would increase its annual production of base liquor by 20,000 tons, which is almost 87 p...

December, 01, 2010 Vineyard Strikes a Balance

Chimney Rock Estates harnesses vigorous vines naturally.Doug Fletcher harvested grapes for legendary winemaker Martin Ray four decades ago. “He taught me to challenge long-held beliefs, yet trust what I’d learned about the scientific method,” says Fletcher, VP of winemaking for the Terlato Win...

December, 01, 2010 Tech for Vineyard Development

Success in real estate depends on location, and that’s as true for vineyard properties as for any other kind. But the variation possible within even any one viticultural area means location plays a far more complex role than many people imagine—and that’s setting aside any debate about the nat...

November, 30, 2010 ON WINE: Money goes where wine flows in every state

Cliché: best way to make small fortune with winery is to begin with a large fortune. That has not deterred individuals and governments from chasing vineyard visions. It can take a decade for vineyard and winery to achieve consistency and 25 years to achieve consistent success. Up-front expenses ...

November, 30, 2010 Chinese buyers pushing up wine prices: analysis

The choice of a Chinese artist for the 2008 Mouton-Rothschild vintage is a shrewd piece of marketing that reflects the increasingly obvious power of China's new super-rich in the international wine industry. Although most ordinary Chinese drink beer or their favoured fiery white spirit, 'baijiu', th...