November, 16, 2010 World's Oldest Champagne Survives Icy Shipwreck, Surfaces for Wine Tasting

As windswept, sparsely populated places go, Aaland is probably not the spot to sport an Amy Winehouse beehive or to go in search of a crowd.Just 27,500 people live in this Finnish-controlled archipelago of 6,500 islands in the Baltic Sea, 11,000 of them in the only town, Mariehamn. If you’re looki...

November, 16, 2010 Cosentino Closes Last Two Wineries

Yountville, CA -- The shoe has finally dropped on Cosentino Winery. After 30 years in business and repeated attempts to avoid failure, the 70,000-case winery closed its doors Nov. 11 and ceased operations.The highly desirable property on Highway 29 is now for sale. Winery co-founder Mitch Cosentino,...

November, 16, 2010 French wine sells for $300k at auction

A rare six-litre bottle of 1947 French Cheval-Blanc white wine was sold to a private collector at $US304,375 ($A309,828), marking a world record price for a single bottle, Christie's said on Tuesday. ."We are absolutely thrilled with the result achieved by the bottle of the mythical Cheval-Blanc ...

November, 16, 2010 Wine sales jump cheers Foster's

FOSTER'S says it has detected early signs of a revival in the fortunes of chardonnay after two years of almost suffocating dominance by New Zealand sauvignon blanc, which threatened to rob the company and the Australian wine industry of drinkers. Recent statistics from Nielsen reveal a return to ...

November, 16, 2010 US Wine Category Showing Signs of Improvement - Constellation

Constellation Brands, Inc. the world's leading wine company, is expecting growth in US wine consumption as the 21 to 32 year old age group increases. Speaking at an investor conference, Bob Ryder, chief financial officer, said the company has noticed signs of improvement in the US wine category in 2...

November, 16, 2010 Ohio State gets $650K to boost state's wine industry

It seems a toast is in order. Ohio State is one of seven institutions that has been awarded a portion of a grant to boost Ohio's wine industry. OSU received a $630,000 share of the $3.8 million grant, which is supported by the U.S. Department of Agriculture's Specialty Crop Research Initiative. ...

November, 15, 2010 Wine: 'A wide range of flavours develop from the interaction between wine and oak'

MENTION spice in connection with a wine and someone will nod and say: "That will be from the wood." A wide range of flavours do develop from the interaction between wine and oak; caramel, smoke, touches of sweetness and vanilla. Oaked white wines can also acquire hints of coconut, cinnamon, cloves,...

November, 15, 2010 Majestic Wine toasts 20 per cent rise in profits as buyers return

Majestic Wine raised a glass to a 20 per cent rise in half-year profits yesterday, saying its decision last year to reduce the minimum purchase in its stores to six bottles had kept sales fizzing. The wine warehouse's increase in earnings, which came in at £7.3m, was also driven by growing sales...