October, 16, 2010 Finger Lakes wineries courted to choose Hong Kong as an Asian wine hub

Could Finger Lakes wines end up on dinner tables in Hong Kong, China, and other Asian countries? That possibility is in the works, thanks to a visit by a high-ranking Hong Kong trade official who toured wine country this week. "Our mission is to take our message directly to the Finger Lakes, as Ne...

October, 15, 2010 Wine vending kiosk to open in Philly area grocery

DREXEL HILL, Pa. — Pennsylvania's third wine vending kiosk will open Saturday at a Fresh Grocer supermarket in Drexel Hill, just outside Philadelphia. The Liquor Control Board said Friday sales of 40 different products will be available at the store on State Road, at $6 to $40 a bottle. The...

October, 15, 2010 Hong Kong: A Wine Trading and Distribution Hub

A new series of agreements between the U.S. and Hong Kong have opened markets—and opened doors to American wine companies. An overnight boom in wine trade occurred in February 2008, when Hong Kong eliminated the wine duties. Merchants are seizing the opportunity to increase shipments and establish...

October, 15, 2010 AUS - NAB Agribusiness urges wineries to plan

THE wine industry’s annual period of review is currently underway and National Australia Bank (NAB) Agribusiness is urging wineries to take the opportunity to discuss their options for foreign exchange, interest rate risk and asset finance with their banker.There’s a flicker of optimism in the i...

October, 15, 2010 First £100,000 whisky sold

A 64-year-old single malt Scotch has become the world’s first six-figure whisky, with two bottles selling for £100,000 each. The Dalmore Trinitas, which includes whiskies of up to 140 years old, could fetch up to £20,000 for a 50ml dram when sold by the glass in top restaurants and clubs, indus...

October, 14, 2010 Wine cheaper than water in NZ

ALCOHOL has become cheaper than bottled water in New Zealand, a study showed on Friday, with researchers warning there could be major implications for public health. Otago University researchers found wine cost as little as NZ$0.62 (S$0.54) per standard drink, compared to NZ$0.67 for 250ml of bottl...

October, 14, 2010 Illinois hopes to become 'wine country'

(UPI) -- Illinois may not immediately come to mind when talking about "wine country," but its wild grapes could be the key to a booming business, researchers say. There are already 90 wineries in the state, some producing up to 90,000 gallons annually, and researchers at the University of Illinois s...

October, 14, 2010 Are Wine Boom Bust Cycles Inevitable?

Davis, Calif.-- A mini-symposium presented by the Robert Mondavi Institute's Center for Wine Economics at the University of California, Davis on Oct. 12 examined boom and bust cycles in the world wine industry and addressed emerging opportunities and challenges. Themes from the event, which feature...