One year after sagging U.S. sales forced Australia's Treasury Wine Estates Ltd. (ASX:TWE) to destroy thousands of gallons of wine that had passed its drink-by date, the company said on Thursday that it suffered a massive financial loss
The ongoing debate on the pace and scale of winery development in the Napa Valley continued before the Board of Supervisors on Tuesday, with one supervisor asking if a moratorium on winery permits is needed.
These local companies have added almost 1,400 employees in the past three years, according to data through last year provided to the magazine for the annual ranking. However, a significant number of those jobs are at company locations outside the North Bay.
Professors at Okanagan College have conducted extensive research to find out what motivates wine visitors to come to the valley, and what is needed to ensure they return. Along with the Okanagan Wine Festivals Society and the British Columbia Wine Institute the team discovered the "greatest influence on visitor motivation."
The conundrum is compounded if we have guests with us, and no, it is not merely that we only had three minutes to choose. It's that there was only one wine list. This wine or cocktail or beer list usually is placed in the center of the table: neutral ground as it were. Once upon a time (and still occasionally today), it always was handed to the senior-looking male at the table.
As of August 11, 2014, the Virtual Vintner project is open to participants who will join in a collective experience of winemaking, where you can help choose everything that goes into the wine, from grape to bottle. This should prove to be a fun and highly educational process for the winery as well as its invisible "partners."
Breaking down Ontario's prohibition-era liquor laws to allow local stores to sell alcohol would lower prices while generating more revenue for the government than current "quasi-monopolies," according to a new report.
The U.S. Department of Agriculture announced that it is distributing $25 million to agricultural companies around the country as part of its Value-Added Producer Grant program - and a New Mexico company is getting $50,000 of that.
A provincial pilot project to sell VQA wines at farmers' markets may need more flexibility to be beneficial, local wineries say. "Everybody, all the members are committed to it, and we're sticking with it, but I think it's going to take some time," said Ann Wilson, president and general manager of Oxley Estate Winery.
Takeover target Treasury Wine Estates has swung to a full-year loss on the back of a hefty asset impairment charges, but the group remains confident it is well positioned to pursue growth opportunities despite being embroiled in a bidding war.
Herodotus Damianos, known in the wine industry as Dr. Dan, passed away Aug. 18 after a long illness. A pioneer in grapegrowing and winemaking on Long Island, he purchased 30 acres of land on the North Fork in 1979; the following year he planted Chardonnay vines and founded Pindar Vineyards. While he continued his medical career as an internist, he added acreage to his vineyard and promoted the winery. By the late 1980s, the quality of Pindar wines was established, and his wines were served at the inauguration of U.S. President George H.W. Bush.