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  • Chateau Beijing: Chinese buying up Bordeaux estates

    March, 08, 2012
    (Reuters) - You could hardly do better than Chateau du Grand Moueys if you were looking for a metaphor to demonstrate Chinese interests in European wines, luxury goods and travel. It has a history that includes a Templar legend, vineyards in the heart of France's famed Bordeaux region and a new C...

  • Wine collector faces federal fraud charges in NYC

    March, 08, 2012
    (AP) — An Indonesian millionaire who was once known as one of the world's up-and-coming collectors and dealers of rare wines was arrested in Los Angeles on Thursday and accused of trying to bamboozle other wealthy buyers with more than $1.3 million worth of counterfeit bottles. Rudy Kurniawan, 35...

  • Toasting the success of Argentine wine

    March, 08, 2012
    (BBCNews) - In the past 20 years there has been a revolution in the Argentine wine industry, driven partly by the success of one of a grape that in many countries is used only for mixing - the rich, velvety Malbec. One is small, dark and juicy. The other is loose and sandy, blasted by scorchin...

  • US: Kansas: Smoky Hill Winery sells at auction

    March, 07, 2012
    (Saljournal) - The Smoky Hill Vineyards and Winery, 212 W. Golf Link, has been sold at auction. The online bidding finished Feb. 29 and the closing on the winery and adjoining tracts is scheduled in about two weeks, according to Curt Marshall, auctioneer and real estate agent for United Country-Theu...

  • Brown-Forman 3Q Net Falls 5.4% On Slower Sales Growth

    March, 07, 2012
    (WSJ) - Brown-Forman Corp.'s (BFA, BFA) fiscal third-quarter earnings fell 5.4% as the wine and liquor company's sales growth slowed more than expected. Brown-Forman, whose brands include Jack Daniel's whiskey, Finlandia vodka and Korbel sparkling wine, has seen its sales grow over the past year ...

  • Moet embarks on major expansion

    March, 07, 2012
    (Decanter) - Moet & Chandon is undertaking a major expansion of its production facilities, in anticipation of rising global demand for Champagne. The company has been focusing on the construction of a new winery at its existing press facility in Oiry since April 2011. The 100,000 hectolitre expan...

  • US: Is California Facing a Grape Shortage?

    March, 07, 2012
    (WineSpectator) - California’s grapegrowers finally have something to cheer about—grape prices are going up. But does that mean higher prices for consumers? Winery owners are trying to cut costs so they can keep prices low at a time when drinkers still want value. After nearly three years of ...

  • Bordeaux admits prices must reflect depressed market

    March, 07, 2012
    (Decanter) - The proprietors and negociants of Bordeaux admit that prices must be ‘realistic’ on the 2011 vintage – while insisting its quality should not be downplayed. The market, insiders agree, is ‘not as buoyant’ as it has been, and prices must reflect that. Chateau Lynch-Bages’ ...

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