Wine Industry News

May, 17, 2013 France: Chinese investors snapping-up 'one chateau per month', say estate agents

(Decanter) -  From the beginning of 2011, a leading Bordeaux real estate agent says, an average of one Bordeaux chateau per month has been sold to a Chinese investor. Asian-owned properties in Bordeaux now number 40 to 50 – a figure that, given the size of the region, is a mere &l...

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May, 16, 2013 Apps that bridge old world winemakers and younger drinkers

(FoxNews) - It takes patience and an old-world mentality to own a vineyard. Winemakers have to be prepared to wait years between planting those grapes and bottling the luscious juice, and sometimes the longer you wait, the better. But when it comes time to sell that liquid gold, there's reall...

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May, 16, 2013 Researchers Don't 'Wine' About The Cold, Their Grapes Thrive

(NPR) - A dozen universities are collaborating on a sort of extreme winemaking project: How cold a climate can a grape survive and still make good wine? The Northern Grapes Project is inventing wines the world has never seen before, winning wine awards and creating a new crop for struggling rur...

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May, 16, 2013 PARKER SLAMS CONCEPT OF ‘PARKERISATION’

(TheDrinksBusiness) - US wine critic Robert Parker has slammed the idea that wines have been made specifically to suit his palate, defending his tastes as “complicated and varied.” According to AFP, during a rare interview with French magazine  Terre de Vins  published this...

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May, 16, 2013 Salud! Washington Post Gets Into The Wine Business

(WCP) - Well, here''s one way to respond to quarterly circulation and revenue declines. Starting next month, the Washington Post will be offering a new product: wine. Tim Condon , the paper's director of new digital ventures, introduced the Washington Post Wine Club in a morning memo to Post...

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May, 16, 2013 Record grape harvest for South Africa

(SouthAfrica) - South Africa's wine industry has seen the biggest grape crop ever produced after a bumper 2013 harvest season, wine consultation organisation VinPro announced in its harvest report on Tuesday. "The total crop is 4.6% higher than the record crop in 2008 - and high-quality wines ...

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May, 16, 2013 US: Seattle's Precept Wine buys Oregon Pinot vineyard

(BizJournals) - In a bid to move into the market for premium Pinot Noir wines, Precept Wine has acquired the Yamhela vineyard in Oregon’s Tualatin Valley, southwest of Portland, the company said. Seattle-based Precept bought Yamhela for an undisclosed sum from Meriwether Farms LLC, an O...

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May, 16, 2013 Use of Social Media in the Advertising of Alcohol Beverages

(TTB) - This circular provides guidance to industry members and others on the Alcohol and Tobacco Tax and Trade Bureau’s (TTB) position that the advertising provisions of the Federal Alcohol Administration Act (FAA Act) and the implementing regulations under 27 CFR parts 4, 5, and 7 a...

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