Australia's Treasury Wine Estates, the world's second-largest wine firm, posted a better-than-expected second-half profit due to surging sales in Asia, but cautioned earnings growth will slow in 2013 due to higher costs as it builds inventory of premium wines
Unlike 2009, when grape prices fell because of the large crop and consumer demand was undercut by the recession, California wine and grapes currently are in short supply and prices are expected to remain strong.
Cheryl Indelicato, Registered Nurse and 3rd generation California vintner, will lead Team HandCraft in the 3-Day 60 mile Walk for the Cure in San Francisco and Atlanta as part of an expanded initiative by HandCraft Artisan Collection wines to support the fight against breast cancer.
Schuemann will present on "the core of every successful brand" and will address new trends in packaging and labeling in relation to Chilean wines. He will discuss ways to increase visibility in the U.S. market
Eric Asimov, "It's perhaps also surprising that no zinfandels are among my 12 picks. Simply put, in my shopping I didn't find one in my price range that I really liked. I know they're out there, but apparently not when I made my rounds."
The retail programs that will run from September forward are "pretty much a continuation of what we have been doing since the start of the season," said Karen Brux, the commission's vice president of marketing communications. They involve season-long volume-based promotions with retailers. Those started in May and they go through mid-January.