Wine Industry News

July, 22, 2010 Champagne agrees increase in yield on 2009

Champagne growers and houses this week agreed on a 2010 harvest yield of 10,500 kilos per hectare - an increase on last year. This is up by 700 kgs/ha on 2009, following a recovery in sales this year at home and abroad. Ghislain de Montgolfier, president of the Union des Maisons de Champagne (UMC) s...

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July, 22, 2010 Cork uses environmental card in latest campaign

s alternative closures now account for a third of the total market, the cork industry is mounting a new consumer campaign focusing on natural cork's green credentials. The www.ilovenaturalcork.com campaign asks consumers to sign a pledge to support natural cork and also calls on retailers and wine p...

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July, 22, 2010 Napa Makes Moth Control Mandatory

Napa,CA -- Due to continued pressure from the invasive and destructive European grapevine moth (EGVM), Napa County agricultural commissioner Dave Whitmer warned growers and wineries that they will not be allowed to harvest, move or receive winegrapes unless they obtain a compliance agreement issued ...

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July, 22, 2010 Diageo sells Barton & Guestier

Diageo has sold its Barton & Guestier Bordeaux wine business to France's largest wine company, Castel Frères, for an undisclosed sum.The sale, which covers the company's brands, inventory and land, including Chateau Magnol, comes as the UK drinks giant continues a wholesale review of its Diageo Cha...

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July, 22, 2010 Loosen brings Mosel campaign to UK

Riesling veteran Ernst Loosen is taking the battle over the planned Mosel road bridge to the retail shelves of the UK with a new promotional campaign.The 'Bridge Too Far' neck hanger project, which highlights the ongoing campaign to stop the 1.7km bridge scheme, was the idea of Nigel Blundell, of Aw...

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July, 22, 2010 Foster's Targets $74 Million Profit at Australia, New Zealand Wine Unit

Foster’s Group Ltd., Australia’s biggest brewer, is targeting A$84 million ($74 million) in earnings before interest and tax from its domestic and New Zealand wine business this financial year.The profit is an internal management target for the 12 months ending June 30, 2011, the Melbourne-based...

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July, 21, 2010 Foster's readies its wine demerger

Foster's Group has announced its soon-to-be demerged international wine business will be renamed Treasury Wine Estates, creating a new corporate identity and image to represent the businesses' 12,000 hectares of vineyards, 20 wineries and portfolio of 50 wine brands. The newly named wine company wil...

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July, 21, 2010 Wine project to get $12m boost

Taxpayers have had an apparently "savvy" decision made on their behalf – they're kicking in $12 million to fund research on sauvignon blanc during the next six years. The Foundation for Research Science and Technology grant will extend a research project on sauvignon blanc that began six years ag...

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