Wine Industry News

April, 01, 2014 2012 and 2013 ‘best in Napa’s history’

(TDB) - The 2012 and 2013 vintages were “the best two vintages in the history of the Napa Valley”, according to Garen Staglin of Staglin Family Vineyard. Speaking to the drinks business during a lunch in London last week to celebrate the estate’s new partnership with Pol Roge...

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April, 01, 2014 U.S. Judge Throws Out Koch's Damages In Fake Wine Case

(Reuters) - A federal judge has thrown out a $12 million punitive damages award to billionaire William Koch in his lawsuit accusing a fellow oenophile of selling him 24 bottles of fake Bordeaux, and reduced the award to just $711,622. U.S. District Judge J. Paul Oetken in Manhattan agreed with t...

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April, 01, 2014 Foley ventures into Oregon wine for first time

(NBBJ) - Bill Foley has expanded his international portfolio of wine and hospitality ventures with his first acquisition in the fast-growing Oregon wine business. Mr. Foley’s Healdsburg-based Foley Family Wines purchased The Four Graces brand of pinot noir, pinot gris and pinot blanc wines...

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March, 31, 2014 The Hippest Winery In Mexico Is Made Of Recycled Boats

(NPR) - A lot of artists say they find inspiration in unlikely places. Architects Alejandro D'Acosta and Claudia Turrent, designers based in Ensenada, Mexico, most often find theirs digging through dumpsters and junkyards. Their work, however, isn't remotely trashy. One of their latest creations, ...

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March, 31, 2014 Which U.S. State Drinks the Most Wine?

(Wine-Searcher) - We think we've found the reason why the federal Government doesn't work so well - they're all too busy drinking wine. A neat piece of research published by Business Insider reveals the states that drink the most wine and top of the list is D.C., even though it isn't a state. At ...

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March, 31, 2014 How Much is Your Winery Worth Today?

(SVBWine) - The Alcohol Beverage Market Probably once a week someone asks me, what are multiples doing. What they are really asking is "are sales prices going up or down." As a banker I love that question because it means there might be a financing opportunity and a way I can help in an acquisit...

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March, 31, 2014 New tech saps vine water use

(NBBJ) - After just one season of watering vines in Shafer Vineyards’ Napa Valley estate property by a relatively new method of tracking real-time data on how much soil moisture they actually need, Director of Winemaking Elias Fernandez estimates he cut water use by as much as 100,000 gallons...

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March, 28, 2014 Best practices for vineyard water use and conservation

(NVR) - “How is the drought affecting you?” This one of the first questions that anyone in wine country is bound to hear from a visitor this year. Before the big storm of early February, which dropped 7 to 14 inches over Napa Valley vineyards, and the subsequent storms in March, the ...

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