July, 14, 2013 Treasury Wine Slumps After A$160 Million Writedown

(Bloomberg) - Treasury Wine Estates Ltd. (TWE), the world’s second-largest listed wine company, fell the most since a 2011 listing after saying it would write off A$160 million ($145 million) to get rid of old and out-of-date bottles. The writedown, greater than the company’s expec...

July, 14, 2013 US: Will Rudy Kurniawan Find a New Lawyer?

(WineSpectator) - Accused wine counterfeiter Rudy Kurniawan and his lawyer may soon be parting ways. After meeting privately today with Kurniawan and defense attorney Michael Proctor , Judge Richard Berman returned to his lower Manhattan federal courtroom and set another conference for July 1...

July, 14, 2013 US: Hart Wine Auctions Rise 30% in First Half to $20 Million

(Bloomberg) - Wine auctions by Chicago-based Hart Davis Hart Wine Co. rose 30 percent to $20 million in the first half of this year as demand persisted for top Bordeaux and Burgundy wines as well as rare Champagne. A case of Chateau Lafite-Rothschild 1982 took the top slot at its most recent auc...

July, 14, 2013 SA wine exports gain most in five years

(MoneyWeb) - UK, Sweden, Germany and the Netherlands: biggest markets for packaged wine. South Africa’s wine exports increased the most since 2008 in the first half, boosted by a better harvest and a weaker rand that made the price of locally produced goods more attractive, an industry ass...

July, 14, 2013 US: Meet Willamette Valley’s ‘voodoo vintners’ and taste some magical wine

(SeattleTimes) - Near Portland, a growing cadre of biodynamic growers buries cow horns and plants grapes by the light of the moon. It’s kind of a voyeuristic request of a “biodynamic” winemaker, but I found I couldn’t resist asking everyone I met: “Can I, uh, see yo...

July, 12, 2013 The 100 Best Wine Restaurants In America, According To Wine Enthusiast

(HuffingtonPost) - If you love wine and travel (and enjoy combining the two), you'd better take a look at Wine Enthusiast's list of America's 100 Best Wine Restaurants for 2013. The publication's editors broke down the top wine restaurants by region, taking into account things like selection, i...

July, 12, 2013 Beaune to open €10 million Cite du Vin in 2016

(Decanter) - The city of Beaune is to open a new €10 million wine centre, called the Cite des Vins de Bourgogne, with building expected to start in 2016. At the same time, Dijon is planning a separate  Cité Internationale de la Gastronomie  to celebrate becoming one of...

July, 12, 2013 US: Privatization Is Political Victim in Pennsylvania

(Wines&Vines) - The drive to privatize liquor and wine in Pennsylvania made it all the way to the goal line but ultimately faltered and failed amid political wrangling. This March, Pennsylvania’s House of Representatives made history by passing a bill that would dismantle the state mon...