August, 20, 2015 Lafite’s fortunes continue to fade

(TDB) - Château Lafite’s price premium versus its fellow first growths is continuing to fall with Mouton Rothschild and Haut-Brion catching up. Lafite has always maintained at least a small premium over the other four firsts, in July 2003 it stood at 6% although it had risen to 50% b...

August, 20, 2015 BC fire: Winemaker re-lives ‘terrifying’ near miss

(Decanter) - British Columbia wine producer Glenn Fawcett prepared himself for the worst as flames from the recent BC fire in Okanagan Valley surged across the nearby hillside. Glen Fawcett, president of Black Hills Estate Winery, and several of his neighbours in British Columbia’s Okanaga...

August, 20, 2015 Australian Winemaker Cleared of Dumping Rival's Wine

(Wine-Searcher) - The case of the vanishing Chardonnay throws up some surprises in court. The case of a winemaker accused of destroying more than $200,000 of a competitor's wine has taken a strange twist, with the accused having charges dismissed and an Australian wine writer potentially facing ...

August, 20, 2015 KIRIN BUYS $560M STAKE IN MYANMAR BREWERY

(TDB) - Japan’s Kirin Holdings has taken control of Myanmar Brewery (MBL), Burma’s largest brewery, in a deal worth US$560 million. Kirin Holdings, Japan’s second largest brewer, has agreed to buy Fraser and Neave’s 55% stake in the company, the latest big brewer to hone ...

August, 19, 2015 UPDATE 2-China's wine time spells earnings growth for Australia's Treasury Wine

(Reuters) - China's thirst for luxury wine gave Australia's Treasury Wine Estates Ltd a surprise earnings boost, lifting profits above expectations and allowing its CEO to predict that the Asia unit will be its biggest by 2017. A year after revealing a bribery crackdown was hurting China&nb...

August, 19, 2015 Does the California Wine Brand Need Help?

(Wines&Vines) - In 2014, California wine producers shipped out 225 million cases worth nearly $25 billion, yet could the state’s wine industry actually need a little marketing help? California wine sales are growing in the $10 and higher price segments, but the picture is not so rosy f...

August, 19, 2015 Richest French wine chateau owners revealed

(Decanter) - Cheval Blanc and LVMH owner Bernard Arnault is the richest man in France after increasing his fortune by 10bn euros. See which other French wine chateau owners made the rich list compiled by the Challenges business paper. Arnault, who’s  Moet Hennessy Louis Vuitton  ...

August, 19, 2015 EIGHT OF THE WORLD’S OLDEST WINERIES

(TDB) - Archaeologists are continually discovering millennia-old wineries, but few still in business today can boast a history stretching back to the Middle Ages. The earliest evidence of wine production discovered dates back 6,000 BC in Armenia and 5,000 BC in Iran. While the oldest w...