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July, 26, 2018 Burgundy grand cru vineyard prices double in 10 years – figures
(Decanter) - A single hectare of a Burgundy grand cru vineyard could have cost up to 14 million euros last year, according to the latest report from France's land agency. Top-end prices for Burgundy grand cru vineyards in the Côte-d’Or have doubled in the past decade, from an estimat...
read more »July, 25, 2018 Natural Wine Faces Legal Definition
(Wine Searcher) - French politician is spearheading a new attempt to define the indefinable. A right-wing French politician has filed a motion this month to launch an investigative committee that will seek to legally define the term "natural wine" in France. Marie-France Lorho, of the L...
read more »July, 25, 2018 Long Island's Paumanok Vineyards to Buy Neighboring Palmer Vineyards
(Wine Spectator) - Both wineries have been making wine in New York for 35 years; the sale includes Palmer's 49 acres of vineyards Paumanok Vineyards is purchasing one of its neighbors, Palmer Vineyards. Both wineries are located in Aquebogue, N.Y., on Long Island's North Fork. Paumanok will acqu...
read more »July, 25, 2018 ‘Good start to the year’ for wine reports LVMH
(TDB) - The Wines & Spirits division of French luxury group Louis Vuitton Moët Hennessy enjoyed a “good start to the year”, with strong growth for Hennessy Cognac in particular. Overall, the group recorded revenue of €21.8 billion in the first half of 2018, an increase ...
read more »July, 25, 2018 WSU Wine Research Won't End With Last Payment
(Wines&Vines) - Washington's wine industry continues investment in research at science center Prosser, Wash.—Washington’s wine industry believed so much in the importance of having a wine science center focused on research that would address local needs, it pledged $7.4 million t...
read more »July, 25, 2018 Osborn: Burgundy won’t be making Pinot in 20 years
(TDB) - The effects of climate change are happening so quickly that Burgundy will be unable to make Pinot Noir in 20 years according to leading Australian winemaker Chester Osborn. Speaking to the drinks business during a recent trip to London, the chief winemaker of d’Arenberg said: &l...
read more »July, 25, 2018 Coppola’s Inglenook signs deal with Bordeaux merchants
(Decanter) - Francis Ford Coppola has decided to give international distribution rights for his Inglenook Napa wines to three Bordeaux négociants. Coppola, of Godfather fame and the owner of Inglenook in Napa Valley, said that Inglenook wines would be represented internationally by ...
read more »July, 25, 2018 France Greenlights Anti-Hail Nets
(Wine Searcher) - It was confirmed last week that anti-hail nets are to be approved for use in French vineyards. It's that time of year again in Europe: the grapes are turning colour and weeks are being counted until harvest. But one threat remains, something that increasingly keeps winemakers a...
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