May, 12, 2010 Lawsuit: Healdsburg wine giant Ascentia is insolvent

One of Sonoma County’s largest wine companies, Healdsburg-based Ascentia Wine Estates, is insolvent and on the brink of financial collapse, according to an explosive lawsuit filed by one of the company’s owners. W.J. Deutsch & Sons, the powerful White Plains, N.Y. wine sales and marketing compan...

May, 12, 2010 Mechanization Endorsed for California Wine

Napa,CA -- A few encouraging themes for struggling California winegrowers stood out from the mostly gloomy assessments presented at Tuesday's Vineyard Economics Seminar attended by about 150 growers, winemakers, bankers and other industry professionals. One of the most dramatic points of the day was...

May, 12, 2010 Diageo Said to Cut U.S. Wine Jobs to Trim Underperforming Unit

(Bloomberg) -- Diageo Plc, the maker of Smirnoff vodka and Guinness stout, will cut jobs at its U.S. wine operations as part of a scaling back of the operations, according to two people familiar with the matter. The downsizing will be announced shortly, and is part of a complete review of the U.S. ...

May, 11, 2010 Hong Kong leads Asian wine market

he latest 2010 market study conducted for Vinexpo by The International Wine and Spirits Record has found that wine consumption in Hong Kong continues to grow. The annual per capita consumption among the population of legal drinking age now stands at 3.6 litres.This makes Hong Kong the region's most ...

May, 11, 2010 Consensus for Sonoma Wine Labels

Santa Rosa,CA - If everything goes according to plan, all regionally designated wines produced from Sonoma County grapes will be required to include “Sonoma County” on their labels beginning in 2014. Yesterday, leaders of the Sonoma County Vintners, Sonoma County Winegrape Commission, Sonoma Cou...

May, 11, 2010 O-I Launches New Line of Lightweight Wine Bottles

/PRNewswire/ -- O-I, the world's largest manufacturer of glass containers, is launching its lightest-ever North American wine bottle, which is up to 27 percent lighter than similar wine bottles. Manufactured at the company's California manufacturing facilities, the new bottles weigh just 11.6 ounc...

May, 11, 2010 US Wine Sales to Jump 13% Through 2013

PR Log – According to our new report entitled “US Wine Market Forecast to 2012”, the US wine market is one of the fastest growing markets in the world, both in terms of production and consumption. Outpacing Italy, the country has become the second largest wine consumer in the world. US wine ma...

May, 11, 2010 Warmer Climate Gives Cheer to Makers of British Bubbly

England — The English invented sparkling wine in the 17th century, but failed to profit from it because their cold, dank summers yielded crummy grapes. Three decades later, a French monk named Dom Pérignon adapted the idea and devised a winning tipple, Champagne.The Brits are starting to claw bac...