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  • Mother Nature stomps on U.S. wine harvest

    October, 27, 2011
    (Reuters) - Rain, cold and mold are threatening this year's California wine harvest prompting one vintner to call in a helicopter to fight Mother Nature. "We're about three weeks late. The whole state is late," said Chuck Wagner, the owner of Caymus Vineyards, the iconic Napa winery. "Cabernet Sa...

  • Wine fraud on the rise in Hong Kong

    October, 27, 2011
    (Thedrinksbusiness) - Local media recently reported the largest wine fraud scheme in Hong Kong this June, involving a wine broker company called Premium Liquid Assets, which swindled over 400 people out of HKD$50 million by advertising a 10-30% investment return on en primeur wine. It was specula...

  • Fine wine prices in retreat, says Bordeaux Index

    October, 27, 2011
    (Harpers) - Fine wine prices retreated 7.5% in the third quarter of the year, pointing to a "market correction" according to Bordeaux Index. The London fine wine merchant is advising investors that even though there's not an immediate likelihood of a strong rebound in prices - it will come back rou...

  • The Sale and Use of Cork Wine Closures Continue to Surge

    October, 27, 2011
    /PRNewswire/ -- More than 60 percent of the top 100 domestic premium wine brands are now sealed with natural cork, another sign of the growing resurgence of cork and the diminishing use and acceptance of alternative closures.Case sales of the top 100 domestic premium wine brands sealed with cork sur...

  • US: Weather the story for wine grape growers in 2011

    October, 27, 2011
    (Westernfarmpress) - The 2011 season for Central Coast wine grape growers will not be soon forgotten, unfortunately, for mostly the wrong reasons.Growers were hopeful for much improved prices this season. They got their wish. Unfortunately, the weather turned hope into economic despondency with yiel...

  • US: Pa. gov recommends limiting private liquor stores

    October, 27, 2011
    (Businessweek) - Pennsylvania Gov. Tom Corbett on Tuesday released a long-awaited consultant's report that projects the privatization of liquor and wine sales in the state would generate as much as $1.6 billion from the sale of wholesale and retail licenses alone. The governor also said he prefer...

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