Wine Industry News

August, 08, 2013 More $10 Wine Headed to Shelves Thanks to Drop in Aussie

(Bloomberg) - Australian winemakers prayed for a weaker exchange rate as a record-high currency made their bottles less profitable overseas. Now they have a new problem: getting what they wished for. While a drop in the Australian dollar means they can sell better wine for the same cos...

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August, 08, 2013 US: Forecasting Wine's Future

(WineSpectator) - America is now wine's biggest market, and younger drinkers are starting to shape it. Wine is not tea—there are no leaves at the bottom of a glass that can predict the future. But it is possible to look at how wine sales have changed in the past decade and at what Americ...

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August, 08, 2013 Duckhorn Buys Rack And Riddle Real Estate From Entertainment Properties Trust

(WineIndustryInsight) - Entertainment Properties Trust (NYSE: EPR) has sold to the Duckhorn Wine Company, the Hopland real estate it bought in 2007 as part of a sale/leaseback arrangement with Rack and Riddle Custom Crush. This according to multiple sources including those at EPR, and clients of...

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August, 08, 2013 China continues polysilicon, wine trade probes

(China) - China is still proceeding with its anti-dumping and anti-subsidy probes into polysilicon and wine imports from the European Union, a trade official said on Wednesday. Experts said that trade frictions between the two sides will keep emerging despite the recent settlement of the hea...

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August, 07, 2013 The Cooking Lab: “Hyperdecanting” can make many red wines taste better in seconds

(WP) - Something about fine wine invites mystique, ritual — and more than a little pretension. If you have ever ordered an old and expensive bottle of red from a master sommelier, you may have seen the ostentatious production that goes into decanting the stuff. The wine steward rolls out...

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August, 07, 2013 Climate change could ‘alter wine production’

(TheDrinksBusiness) - A climate change expert in the US has said that extreme weather events, such as the recent storms in France, will become more commonplace. Antonio Busalacchi, who directs the University of Maryland Earth System Science Interdisciplinary Centre and chairs the World Climate R...

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August, 07, 2013 Australian wine industry tackling climate change

(Phys) - Wine businesses around the country are taking steps to offset the potential effects of climate change, a study has found. Associate Professor Jeremy Galbreath, of the Curtin Graduate School of Business, surveyed 532 Australian wine companies in Victoria, South Australia and Western Aust...

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August, 07, 2013 A European Name Game Uncorks a Tempest in a Wine Cask

(WSJ) - For generations, Alen Bibic's family has been making a traditional wine known as Prosek from grapes grown in the limestone hills surrounding this small town on Croatia's Dalmatian Coast. But this Balkan nation's entry into the European Union on July 1 has Mr. Bibic and his fellow vint...

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