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  • US: Could the drought hurt NorCal's wine production?

    January, 28, 2014
    (KCRA) —Winemakers and grape producers said Monday they are concerned this year's crop could be stunted by California's drought. The lack of rain has an impact on the state's entire wine industry. “This is statewide," said Derek Irwin, the winemaker and vineyard manager at Naggiar Vin...

  • AUS: New downgrade behind Treasury Wine Estates halt, say sources

    January, 28, 2014
    (WAToday) - Investors in Treasury Wine Estates are bracing for yet another profit downgrade from the ailing wine group with soft sales and profit figures for December believed to be behind a trading halt requested by the company earlier on Tuesday. Treasury is the company behind well-known brands ...

  • Diageo acquires tequila brand Peligroso

    January, 27, 2014
    (TDR) -  Diageo today added another tequila brand to its portfolio. The acquisition of Peligroso super premium tequila by Diageo from the California-based Peligroso Spirits Company comes just three weeks after the company’s announcement of a joint venture with Sean Combs to purchase pres...

  • UK: First consecutive rise in beer sales for 10 years

    January, 27, 2014
    (TDB) - Sales of beer rose for two consecutive quarters for the first time in 10 years last year, despite a drop in pub beer sales of 2.2%. According to figures released by the British Beer and Pub Association, sales of beer rose by 0.8% in the last quarter of 2013, the equivalent of 15.3 million...

  • Peso drop may aid Argentina's wine exporters

    January, 27, 2014
    (Decanter) - Argentina's wine producers believe a sharp fall for the country's peso currency will help them to stay competitive on retailers' shelves overseas, amid high costs at home. Argentina’s peso has suffered its biggest one-day fall in value since the country’s 2002 financial cr...

  • The Next Big Wine Region: Uruguay?

    January, 27, 2014
    (Newser) – When you think of the great wine producing countries, Uruguay probably doesn't leap to mind. But buzz has been steadily building around the country's wines, particularly its dominant tannat grape, which is becoming to the country what malbec is to Argentina. This week Edward Deitch...

  • AUS: Smoke taint costing the wine industry millions

    January, 27, 2014
    (ABC) - Scientists in north-west Victoria are replicating the impact bushfires have on wine grape vineyards. The study aims to give the wine industry a better understanding of smoke and how it taints grapes, leaving wine with an ash-like flavour. Ricky James, from the Victorian Department of Envi...

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