August, 31, 2010 Dubai airport breaks duty-free wine sale record

A fine wine store at Dubai Airport is claiming a world record after a customer spent a total of US$107,000 on eight bottles of wine.The customer made the purchase on one visit to Le Clos fine wine and luxury spirits boutique in Dubai International Airport's Terminal 3 on 22 August. Almost doubling t...

August, 30, 2010 Top producer pursues ‘fake’ wines scam

ONE of SA’s biggest wine companies is suing its former export director for R12m and has laid criminal charges against him over an alleged eight-year fraud that saw him sell “fake” wines to overseas clients under its name.DGB, the maker of wines including Douglas Green, Boschendal and Tall Hors...

August, 30, 2010 EU-Australia wine trade agreement enters into force

A new agreement governing the wine trade between Australia and the European Union enters into force tomorrow (1 Sept. 2010). This agreement replaces the one signed in 1994. The new agreement safeguards the EU's wine labeling regime, gives full protection to EU geographical indications, including for...

August, 30, 2010 Tax beers and wine more heavily, whisky giant Diageo tells Treasury

UK -- DRINKS giant Diageo has demanded an overhaul of the tax system for alcohol which would see hikes in duty for wine, beer and cider.The intervention is the latest bid by the company to influence a review by the UK government looking at how to tackle alcohol-related problems. It comes as SNP mini...

August, 30, 2010 Highest-Priced Wines Grow Fastest

CA -- The hottest retail sales trend of 2010 for small- to medium-sized wineries may be the rapid and sustained growth of the highest priced domestic table wines, those at $20 or more per bottle. This category showed a 21.9% increase in dollar sales over the 52-week period ending Aug. 8, as compared...

August, 30, 2010 Cash-positive, ‘marquee’ wine assets dominate industry M&A

North Coast “marquee” wine labels and cash-flowing brands and other assets are more dominant in the deals getting done these days than discount transactions on troubled assets, according to a top wine industry transaction adviser. Assets with “strong” cash flow are changing hands at price...

August, 30, 2010 Williams Selyem Announces Opening of New Winery

Williams Selyem, known for three decades as a producer of iconic Pinot Noir, Chardonnay and Zinfandel announces the opening of a new winery, located at the Williams Selyem Estate Vineyard, 7227 Westside Road, Healdsburg, CA. The new facility will give the winemaking team more control over all aspec...

August, 30, 2010 CA Legislature Approves Bill for Sonoma County Wine Labels

SACRAMENTO - The State Legislature unanimously approved legislation authored by Assemblymember Noreen Evans (D-Santa Rosa) to establish a conjunctive labeling law for wines labeled with winegrowing areas located in Sonoma County. "Sonoma County’s economy depends on a vibrant wine industry," said ...