Wine Industry News

July, 02, 2010 Napa Grapegrowers Get Water Tips

Yountville,CA -- Although a wet winter has reduced the immediacy of saving water, for the long haul California growers can look forward to increasing restrictions on water usage and periodic shortages. To help growers deal with these issues, the Napa Valley Grapegrowers focused on irrigation at the ...

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July, 02, 2010 NZ wine industry targets China for growth

(Reuters) - New Zealand wine makers are racing against rivals to stake a spot in what is set to be the world's fastest growing market - China. The Chinese market for grape-based wines is currently small but expected to grow rapidly, fuelled by the fast-growing middle-class and younger generations wh...

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July, 01, 2010 Wine trading worst in two decades

The New Zealand Winegrowers survey shows trading conditions are at their worst in two decades.Part of the problem is oversupply of sauvignon blanc.Flooding of the wine has led discounting in the key UK market - a practice which is damaging, says Sue White of Whitehaven Wines....

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July, 01, 2010 Wine growers absorbing tax

Surveyed wineries plan to absorb 4c/bottle tax on wine despite many already under financial pressure. Most New Zealand winegrowers have no plans to increase wine prices in spite of a four cent per bottle tax which has just come into effect. Of the wineries surveyed on whether they intended to pass o...

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July, 01, 2010 Wine sales dropping in NY State

ALBANY, NY -- The apparent death of the latest push to allow sales of wine in New York grocery strores has now been coupled with some other news that won't sit well with many in the industry.Wine sales in the state have dropped from the top five to 11th nationally, according to the New York State F...

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July, 01, 2010 Glass Claims New Clarity

The conversation about carbon footprints began to get clearer during the London Wine Trade Fair as O-I, the world’s largest maker of glass packaging, released the results of a new global study of the complete life cycle of glass containers. The life cycle assessment (LCA) measured carbon emiss...

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July, 01, 2010 OIV summary on the global situation of the wine and vine industry in 2009

OIV's yearly statistical analysis results, presented during the 33rd World Wine and Vine Congress, indicate that the activities in this field have slowed down in 2009. Mr Federico Castellucci explained that the total global area dedicated to vineyards had regressed by 1.2% in 2009, and that the glob...

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July, 01, 2010 Constellation Brands' first-quarter profit surges

Constellation Brands Inc., the world's biggest winemaker, said Thursday that its first-quarter net income surged more than sevenfold with distribution improvements, even as its revenue slipped.The maker of Mondavi wine, Svedka vodka and Corona beer also announced a $300 million stock buyback and inc...

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