Wine Industry News

June, 12, 2016 Ending Prohibition in Pennsylvania

(Centredaily) - Big changes sometimes demand first steps, but Pennsylvania has now found its footing in the long climb out of the Prohibition era, with a new law that begins the process of ending our irrational state liquor monopoly. For years I led the fight to get Pennsylvania out of the ...

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June, 12, 2016 Why Constellation Brands Wants to Spin Off a Key Business Line

(Fool) - As early as this fall, beer, wine, and spirits manufacturer and marketer  Constellation Brands, Inc.  ( NYSE:STZ )   may spin off its Canadian wine business in an initial public offering on the Toronto Stock Exchange. Bloomberg News, which reported the details on a mo...

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June, 12, 2016 Agreement with EU a major boost for South African wine industry

(BDLive) - SOUTH Africa’s wine industry has received a major boost with the signing of an agreement between the Southern African Customs Union (SACU) and the EU which will allow the country to export 110-million litres of wine to Europe — up from the current annual duty-free quota of 48...

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June, 12, 2016 AUS: Wine tax change to cost industry jobs

(TheWestAustralian) - WA’s wine industry is facing a period of “extreme rationalisation” and significant job losses as a result of Federal Government tax changes. Independent analysis by RSM Australia found the wine equalisation tax (WET) changes would result in “a perfec...

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June, 12, 2016 Wine Brand Battles with its Former Self

(Wine-Searcher) - California's winery-go-round continues, with the latest acquisition raising existential questions about one brand in particular. It's a cage match between wine heavyweights! In this corner, owned by the world's second-largest wine company, weighing in with tons of ripe fruit, T...

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June, 12, 2016 International Wine Conference Coming to Sonoma

(Wines&Vines) - The organizers of Wine Vision, the international wine industry conference, plan to hold the event in Sonoma County in December 2016. Founded in 2013 by William Reed Business Media, the event took place in London for its first two years and was held in Bilbao, Spain, in 2015. ...

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June, 12, 2016 Bordeaux Estates Boost 2015 Wine Prices as Campaign Quickens

(Bloomberg) - Bordeaux wine estates pushed prices higher as the sales campaign for the 2015 vintage quickened, with Chateau Haut Bailly increased more than 50 percent and Chateau Cos d’Estournel up more than 40 percent, according to Liv-ex data. Haut Bailly, a grand cru classe in Pessac Le...

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June, 10, 2016 Wine Critics - Everything Old Is New Again

(HuffPost) - Co-authored by Michael Fontaine, Associate Professor of Classics at Cornell University. Wine Spectator, Wine Advocate, Wine Enthusiast - these are just a few of the publications that guide consumers in their bottle selections. But while the wines reviewed are of a more modern vintag...

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