May, 26, 2010 Agencies Issue Grape Moth Advice

Napa,CA -- The International Technical Working Group for the European Grape Vine Moth (EGVM) in California issued its second and final report after meeting in Napa recently. It includes specific recommendations for controlling the invasive pest in Napa County, but the recommendations apply to the ot...

May, 26, 2010 Don't cry for Argentina's wine

Fresh styles, low prices attract U.S. wine consumers.Sorry, Evita, if there's any crying going on in Argentina these days, it's likely to be in the vineyards. And they're tears of joy.Sales of Argentine wine continue to build strongly in the United States, according to The Nielsen Co., a market re...

May, 26, 2010 China’s Dynasty May Purchase New, Old World Vineyards

(Bloomberg) -- Dynasty Fine Wines Group Ltd., part- owned by France’s second-biggest liquor company, may spend almost $150 million to boost capacity by 43 percent to meet rising demand in China.The Tianjin, China-based company may buy vineyards in Australia, New Zealand, Chile or France and has 1 ...

May, 25, 2010 Foster's to demerge Beer, Wine units

FOSTER'S unveiled plans to demerge its beer from its wine operations today, with separate listings for the two businesses.The beverage group said the decision would also be subject to a detailed evaluation of the issues, costs and benefits to shareholders and is unlikely to be implemented until firs...

May, 25, 2010 AOL Co-founder Steve Case Backs Online Wine Marketplace Vinfolio

Co-founder of AOL Steve Case has invested an undisclosed sum in online wine marketplace Vinfolio.The funding comes from Case’s investment company Revolution – partners David Golden and Philippe Bourguignon will join the startup’s board of directors.The deal terms were not disclosed. Vinfolio,...

May, 25, 2010 US: Charmer Sunbelt Group picks up Foster's Wine Estates distribution

Foster's Group's US wine division has switched distribution partners in the country in an attempt to “align with distributors who share our growth vision”.Foster’s Wine Estates said yesterday (24 May) that it has signed exclusive long-term distribution agreements with The Charmer Sunbelt Group...

May, 25, 2010 HK, Bordeaux sign wine pact

Hong Kong and Bordeaux have signed a supplemental memorandum of understanding on co-operation in wine-related businesses, adding new elements to their 2008 deal.Permanent Secretary for Commerce & Economic Development Yvonne Choi signed the document today with Bordeaux Chamber of Commerce & Industry ...

May, 25, 2010 China drives world wine market at Vinexpo Asia

HONG KONG : The fourth Asian Vinexpo featuring 840 exhibitors from 32 countries opened Tuesday in Hong Kong as the global economic crisis pushed exporters to focus on the world's most promising market: China."A little like 2009 vintage Bordeaux, this Vinexpo is exceptional. There are more exhibitors...