September, 30, 2014 Interview: Annette Alvarez-Peters Of Costco

(SND) - Beverage alcohol accounted for $3.1 billion of  Costco’s sales total of $102.9 billion in its fiscal 2013 (September 2012-August 2013), with all three sectors showing healthy growth. Wine is leading the charge at 50% of beverage alcohol sales, with spirits taking 30% and beer 20...

September, 30, 2014 Sonoma County: Harvest Fair's top wines revealed

(PD) - A sauvignon blanc, a pinot noir and a sparkling wine snagged top honors Sunday at the Harvest Awards Night, playing to the diversity of Sonoma County. The sweepstakes white is the Selby 2013 Sonoma County Sauvignon Blanc at $15; the sweepstakes red is the Balletto 2013 Russian River Valle...

September, 30, 2014 'Challenging' Grape Harvest in Texas

(Wines&Vines) - With some of the state’s last fruit remaining on the vine, the remnants of Hurricane Odile swept into Texas recently, bringing intense rainfall and flooding in many areas. The rain was particularly bittersweet, as the state has been suffering through a prolonged drought...

September, 30, 2014 Wine waste turned into biofuels

(TDB) - Wine just got even better for you as Australian researchers have developed a technique for converting winery waste into compounds that could have potential value as biofuels or medicines. Avinash Karpe, a PhD student at Swinburne University of Technology in Melbourne, has worked ou...

September, 30, 2014 Wine Giant Goes it Alone After Takeover Fails

(Wine-Searcher) - Treasury, the world's largest standalone wine producer, announces an end to takeover talks. The long, slow dance between Treasury Wine Estates and two potential buyers is over, after the company said takeover talks with two global private equity groups had ended. Treasury &n...

September, 26, 2014 Mystery millionaire’s Burgundy for sale

(TDB) - With the release of some extremely rare Burgundy, a London merchant is offering a tantalising glimpse into a multi-millionaire’s cellar. Justerini & Brooks has just released “a mouth-watering collection of mature Burgundies” dating from 1988 and with Domaine Leroy in ...

September, 26, 2014 Treasury Wine fields two takeover offers: report

(BS) - Treasury Wine Estates (TWE) has fielded two formal takeover offers from private equity firms, according to the Australian Financial Review. KKR and TPG have each submitted an offer for the owner of Penfolds and other brands, after completing due diligence this week, according to the paper....

September, 25, 2014 Bordeaux Vineyards Threatened By New Pest

(Wine-Searcher) - An Asian fruit fly, capable of infecting grapes with sour rot, is causing concern in Bordeaux. Bordeaux’s winegrowers face a growing menace in the form of a three-millimetre (0.1 inch) long Asian fruit fly called Drosophila suzukii, suspected of spreading sour rot through r...