June, 07, 2016 Alibaba billionaire Jack Ma buys next Bordeaux château

(Decanter) - Jack Ma, billionaire founder of Alibaba and owner of Château de Sours in Bordeaux, has added Château Perenne in Blaye Côtes de Bordeaux to his portfolio of wine estates in the region. The sale, which was completed last month for a reported €16 million, wi...

June, 07, 2016 What the $9 Divide in Wine Sales Means

(Wines&Vines) - Turrentine Brokerage has just released its annual Turrentine Outlook with an overview of the wine supply in California. The 247-page report also focuses on the split between grape and wine supply for brands priced less than $9 per bottle versus brands selling for more than $9 pe...

June, 07, 2016 Investors in French Wineries Are Paid Back in Wine

(Eater) - The traditional world of French winemaking is raising cash in a decidedly new-fangled way: through online investments.  Bloomberg  reports Bordeaux entrepreneur Maxime Debure has launched a crowdfunding site called Wine-Funding, which allows anyone to "buy a stake in w...

June, 07, 2016 Law allows bakers in Rhode Island to buy bulk wine for making wine biscuits

(AP) — Rhode Island’s governor has signed a law to help bakers buy wine in bulk for use in making crunchy Italian-American treats called wine biscuits. A spokeswoman says Democratic Gov. Gina Raimondo (ray-MAHN’-doh) signed the legislation into law on Monday. Wine biscuits a...

June, 07, 2016 PENNSYLVANIA LAWMAKERS VOTE TO EXPAND WINE SALES, BILL HEADS TO GOV. WOLF

(6ABC) -  Lawmakers voted overwhelmingly Tuesday to loosen Pennsylvania's tightly controlled liquor system by letting groceries and other outlets sell takeout wine and by formalizing beer sales in convenience stores that have begun as a result of court cases. The House voted 157-31 to send ...

June, 07, 2016 Turning Cemeteries Into Wine at a California Diocese

(NYTimes) - For an additional $1,000, a family can have a loved one buried near the chardonnay vines glistening in the sun, or if they prefer, near the pinot noir vines at a cemetery here in an East Bay suburb of San Francisco. The vines were planted 10 years ago as a less expensive and more wat...

June, 07, 2016 AFRICAN SAFARI SETS AUCTION NAPA VALLEY ALIGHT

(TDB) - A four-day safari in South Africa was the highest-grossing lot at this year’s Auction Napa Valley, which helped to raise US$14.3 million for various charities. While the glitzy event, which took place last weekend, pulled in more money than the $11.1 raised at Naples Winter Wine Fe...

June, 07, 2016 Kentucky: First At American Commercial Wine

(Forbes) -  California is the largest wine-producing state in the U.S. by far (<1800 wineries), followed by New York (>400), Washington (<300) and Oregon (>100).  But none of the four states was first at American commercial wine–not even second. That ranking...