January, 04, 2013 UK: Vinance collapsed 'owing wine worth £5m'

(Decanter) - Collapsed wine investment company Vinance plc owed £5m-worth of wine to its 1,300 clients when it filed for bankruptcy, according to administrators. However, the business has an estimated deficiency of £2.37m, thanks to a ‘large’ amount of wine owned by Vinance with an estimated ...

January, 04, 2013 Inmates Sue Beer, Wine Cos. for $1B

(ABCNews) - Five Idaho inmates are blaming alcohol for the crimes that put them in prison and are suing some of the nation's top liquor and wine companies for $1 billion. Keith Allen Brown, Steven Thompson, Woodrow Grant, Cory Baugh and Jeremy Brown all claim that alcohol led them to their crimes...

January, 04, 2013 US: Vintner Group moves into Georgia with Prestige Wine buy

(Just-Drinks) - The Vintner Group has bought Atlanta wine distributor Prestige Wine Wholesale for an undisclosed sum. The deal, which closed on 31 December, will give the Virginia-based group its first distribution hub in Georgia, a company spokesperson told just-drinks today (4 January). Prestig...

January, 04, 2013 OIV proposes to change definition of bulk wine in the Harmonized System

(Journee-Vinicole) - As bulk wine shipments worldwide continue to surge upwards, international, non-governmental organisation OIV has put forward a proposal to redefine the definition of bulk wine. The move is aimed at obtaining more reliable statistics on internal markets and foreign trade. OIV has...

January, 03, 2013 US: Ice wine harvet begins in the Finger Lakes

(DemocratandChronicle) - In the early hours of Tuesday, people were saluting the new year with Finger Lakes bubbly. But 24 hours later, vineyard workers started harvesting grapes for another type of wine: ice wine. One of the region’s specialties, ice wine is a dessert wine created from the ...

January, 03, 2013 JACKSON FAMILY BUYS INTO NEW AVA

(TheDrinksBusiness) - Jackson Family Vineyards has completed the latest in a series of major acquisitions with the purchase of an 877-acre property in California’s recently created Pine Mountain-Cloverdale Peak AVA. Previously owned by the Seghesio family, no vineyards are currently planted on the...

January, 03, 2013 'Catastrophic' fire risk for South Australia

(Decanter) - Several parts of South Australia are facing 'catastrophic' fire risks over the next few days as temperatures across the region are expected to hit near-record levels. Dozens of firefighters are already battling to keep a fire under control in the Sevenhill area of the Clare Valley, wh...

January, 02, 2013 RUSSIA RESTRICTS BEER SALES

(TheDrinksBusiness) - The new law, which came into effect on 1 January, was agreed by former president Dmitry Medvedev in July 2011 and now classes beer as a liquor. As with sales of vodka and other spirits, kiosks and beer stalls will be restricted in how much beer they can sell and will not be ...