Wine Industry News

November, 14, 2013 Vintners take different paths to find wine-making

(Poughkeepsiejournal) - Some people dream of opening a winery. The easiest way to do this is to make a substantial amount of money in another business, “retire” to the country and start a winery. Of course, it was anything but easy to make your money in the first place, and once...

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November, 14, 2013 Is Treasury Wine Estates undervalued?

(Fool) - According to a report in the Australian Financial Review, broker CLSA has valued Treasury Wine Estates (ASX: TWE) at $6.50 per share. With the stock currently trading at $4.92 it would appear like a good time to revisit the fundamentals of the company. Treasury Wine fell out of favour w...

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November, 13, 2013 US: Pernod Ricard eyes US growth with wine unit shake-up

(Just-Drinks) - Pernod Ricard's US arm has appointed a new head of wine and champagnes as part of a wider personnel shake-up. Jeff Agdern, who takes over from Pernod Ricard USA's interim wine and champagnes GM Stephen O’Neill, takes the new title senior VP, wines and champagnes, the group s...

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November, 13, 2013 Let's Drink to That: U.S. is World's Largest Wine Market, with Sales Expected to Expand

(Benzinga) - It's been a very good year for wine and wine sales. Sales of domestic and foreign wines in the U.S. last year were reportedly up two percent compared to 2011 – to a record 360.1 million cases with an estimated retail value of $34.6 billion. California wines make up nearly 60 per...

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November, 13, 2013 DAWA 2013: New World dominates as International Trophies revealed

(Decanter) - Winemakers from across the Southern Hemisphere are celebrating today after the region dominated the list of 15 International Trophies awarded by the 2013 Decanter Asia Wine Awards (DAWA). The International Trophies are the top award given out by the competition, and this year’...

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November, 13, 2013 Announcing Wine Enthusiast's 2013 Wine Star Award Winners

(WineMag) -  Each year since 2000, the editors of Wine Enthusiast have honored those individuals who contributed to the success of the wine and spirits industries with our Wine Star Awards. Over the years, we’ve honored individuals and companies from all parts of the world, representi...

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November, 13, 2013 ProWine China opens to tough times for fine wine

(Decanter) - The austerity-filled atmosphere hanging over China's fine wine sector shows little sign of clearing, but many remain optimistic for the longer-term. Many of China's major wine importers are finding the sector hard-going in 2013. In a number of cases, year-on-year values sales are ei...

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November, 13, 2013 Majority of Brits prefer cheap wine

(TDB) - The majority of British consumers favour cheap wine over an expensive equivalent, according to a study carried out by the London Wine Academy. As reported in the Daily Mail, eight out of ten people in a blind taste test conducted by the academy preferred a bottle of wine costing £5...

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