April, 03, 2013 Wine business Truett-Hurst plans $43 million IPO

(PressDemocrat) - Truett-Hurst, the fast-growing Healdsburg wine company, announced plans Wednesday to sell $32 to $42 million in stock in an initial public offering. The company will offer 2.25 million shares of stock and its investors will sell 652,557 shares in the IPO, according to docu...

April, 03, 2013 The truth about sulfites in wine

(RDR) - This is the time of year when people tell me, as they return from their European vacations, that they drank bottle after bottle of wine with their meals and "never got a headache." They explain this miracle by saying that wines in Europe "do not contain sulfites," unlike wines sold in t...

April, 03, 2013 Treasury Wine Lifts 2008 Grange Price 15% as China Demand Rises

(Bloomberg) - Treasury Wine Estates Ltd. (TWE), the world’s second-biggest listed winemaker by revenue, lifted the price of its premium 2008 Penfolds Grange vintage by 15 percent as growing Chinese demand for high-end wines outpaces supply. The rise to a recommended retail price of A$785 (...

April, 03, 2013 KOCH WINE FRAUD CASE TURNS PERSONAL

(TheDrinksBusiness) - The wine fraud case being played out in a New York court room between rival billionaires turned personal this week as a former servant of Eric Greenberg took the stand against his one-time employer. Jaime Cortes worked for Eric Greenberg for four years as his personal chef ...

April, 03, 2013 Wine or your waistline? 3 rules to follow

(CNN)  - Let's face it, sometimes there's nothing better at the end of a long day than a glass of wine. But sipping much more than that can wreak havoc with your shape, and not just by adding hundreds of calories to your diet. Alcohol temporarily keeps your body from burning fat, explains ...

April, 03, 2013 Georgia and Russia: From War to Wine and Walnuts

(Eurasianet) - After a Kremlin-imposed diet of several years, it looks like Russia is about to open up to non-grata Georgian fruits and veggies, Georgia's food agency announced on April 2. The agency claimed that negotiations in Moscow with its Russian counterpart, succinctly known as Rosse...

April, 03, 2013 China Foods to buy wineries in Australia, US

(PeopleDaily) - China Foods Ltd - the Hong Kong-listed consumer food arm of Cofco, the country's largest State-owned food conglomerate - will buy two or three wineries in Australia and the United States, in a bid to expand its wine sales while fending off competition from surging wine imports. T...

April, 02, 2013 EU draws US flak over curbs on wine labelling

(BusinessTimes) - The United States on Monday criticised the European Union's restrictions on wine labelling, saying they hinder US wine exports to the 27-nation bloc. The US Trade Representative's office said the EU's policy of seeking exclusive use of so-called traditional terms such as tawny,...