While sales of wines priced at $10 a bottle and above are continuing to grow, wines priced at $9 a bottle or less have been declining since late 2011. "We have lost some pizzazz relative to some of the other beverages."
General admission single-day passes for the third annual BottleRock Music Festival in late May went on sale this week at BottleRockNapaValley.com and Eventbrite.com. A limited quantity of single-day tickets for the May 29-31 festival will be available at $99 per person
The chairman of trade body Wine Australia, Brian Walsh, believes his country's wines can reach a point when they are no longer automatically compared to the 'Old World', but it may take a generation and a greater focus on 'terroir' to achieve it
Specialist agribusiness lender Rabobank reports that the premium end of the global wine market is still struggling for growth and profitability despite opportunities from consumers seeking to head upmarket