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  Daily News for Tuesday, April 23rd
Date
04/23/13
Wine industry must grapple with big health care, tax, estate changes
Business owners, particularly the wine industry that makes up a significant proportion of the North Coast economy, need to pay attention to major health care insurance, tax and estate law changes this year to avoid steep noncompliance penalties and mitigate significant tax increases, according to local tax-planning and insurance experts.
04/23/13
Bespoke Collection Wine Brands Launch 20L, Recyclable Keg Program to Wholesale Partners (Press Release)
"Tap" into wines from Blackbird Vineyards, Ma(i)sonry Napa Valley and Recuerdo Wines
04/23/13
Looming Internet sales tax bill jolts consumers, retailers
The U.S. Senate begins debate on a proposed law that would require Internet retailers to collect sales taxes around the country, despite objections from online sellers that the bill goes too far
04/23/13
People News Recap from 4/16-4/22
Wine industry people on the move from April 16 to April 22
04/23/13
The Wine Advocate & eRobertParker.com Unveil Two More Reviewers Joining Its World-Renowned Editorial Team (Press Release)
Monica Larner will focus on Italian wine and Luis Gutiérrez will take on Spain, Argentina and Chile
04/23/13
Truett-Hurst, Inc. Revises Terms Of Proposed Initial Public Offering (Press Release)
The offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained from WR Hambrecht
04/23/13
Concha Y Toro Winery Inc Stock Downgraded
The current debt-to-equity ratio, 0.40, is low and is below the industry average, implying that there has been successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.90 is somewhat weak and could be cause for future problems.
04/23/13
Napa judge re-affirms order preventing winery's cave tastings
A Napa County Superior Court judge has ordered a winery in Wooden Valley to stop offering wine tastings and other operations until further notice. Judge J. Michael Byrne on Thursday ordered Frank and Karen Altamura of Altamura Winery to obtain their necessary permits from Napa County officials.
04/23/13
Interview, Part Two: Terlato Moves Into Artisan Spirits, Looks To Global Markets
In this second part of our interview with Bill Terlato, the Terlato Wine Group president discusses plans to set up a dedicated U.S. spirits unit, joining fellow wine marketers E.&.J Gallo, The Wine Group, Trinchero Family Estates and Deutsch Family Wine & Spirits, all of which have also been delving more deeply into spirits of late
04/23/13
Madrigal Family Winery to use finances from Bacchus for business expansion
Madrigal Family Winery, a Napa Valley-based winery known for its vineyards and agricultural legacy, is to use the capital offered by Bacchus Capital Management, a private equity firm providing strategic capital in the wine industry, to expand business.
04/23/13
Calgary Peace Bridge Architect, Santiago Calatrava, In Hot Water Over Crumbling Designs
The architect behind Calgary's Peace Bridge is being asked to pay for a leaky winery roof. Spanish architect Santiago Calatrava has been asked by Ysios winery to fix the undulating roof, after it has repeatedly failed to keep out water.
04/23/13
Well-Known Northwest Wine Writer Starts Wine Venture
In the wine business one good review can mean a lot of money. Now, one of the most prominent wine writers in the Northwest is getting into the wine business himself. And that's agitated some in the industry.
04/23/13
Ham Lake considers rule change allowing special events at farm wineries
The Ham Lake City Council has given first reading to an ordinance allowing large assemblies and other special events as part of farm winery operations.
04/23/13
Second Blanc Du Bois Symposium in Texas to be held May 10 in Cat Spring
The second Blanc Du Bois Symposium in Texas, presented by the Austin County Grape Growers Committee, the Texas A&M AgriLife Extension Service and the Texas Wine and Grape Growers Association, will take place from 8:30 a.m.-4 p.m. May 10 in Cat Spring.
04/23/13
MI: Alcohol Distributors Resist Snyder Push For Booze Law Reforms
Gov. Rick Snyder thinks it should be easier to make, buy and sell alcoholic beverages in Michigan, Gary Heinlein reports in The Detroit News.
04/23/13
Economics of Dry Farming Winegrapes
Amador and Lodi, Calif., growers discuss practices for quality wines and water conservation.
04/23/13
Climate change study 'exaggerated and full of mistakes': Chapoutier
Michel Chapoutier has spoken exclusively to Decanter.com about his frustration over the recent press reports claiming the winemaking map will be entirely redrawn by 2050.
04/23/13
Bordeaux 2012: Lafite releases 'most affordable' vintage
Chateau Lafite Rothschild has released what it calls 'the most affordable Lafite on the market' with its 2012 vintage, at €330 ex-Bordeaux.
04/23/13
Savour Australia event to 'challenge perceptions' of Australian wine
Australia is aiming to use its biggest-ever wine event later this year to challenge negative perceptions of the country's wine industry.
04/23/13
Women hit hardest by alcohol price rises
Wine and spirits tax rises will hit women drinkers the hardest, wiping out any benefit pubs might have felt from the cut in beer tax in the process, according to the Wine & Spirit Trade Association.
04/23/13
Douglas Blyde discovers "super Rhône producer Chêne Bleu
Lizzie Shell of boutique "Super Rhône" producer, Chêne Bleu, demonstrated the versatility of its output at North African restaurant, Momo, in Piccadilly, London recently.
04/23/13
Bancroft adds 'stellar' Rioja agency
Bancroft Wines has announced its appointment as exclusive UK agent for Rioja estate Bodegas Remírez de Ganuza.
04/23/13
Chateau Musar inspires poetic tribute
China-based wine consultant, university professor and db contributor Edward Ragg has published his first book of poetry, which includes a tribute to Lebanon's Chateau Musar.
04/23/13
Skinnygirl cashes in on thirst for Moscato
Skinnygirl, the low-calorie wine and pre-mix cocktail brand founded by US reality TV star Bethenny Frankel, has added a Moscato to its line-up.
04/23/13
Jukes predicts Australia's future
Wine writer Matthew Jukes looks back on a decade of change in the country's wine industry and offers predictions for its future.
04/23/13
Lafite leads morning's releases
Château Lafite has released its 2012 with a 21% cut on last year's price as the Bordeaux en primeur campaign picks up.
04/23/13
Wine: Napa, Sonoma winery-direct shipments surge
Shipments of wine directly to consumers from wineries in Napa and Sonoma counties, accounting for 69 percent of such shipments from U.S. sources, last year grew at 8.0 percent and 10.1 percent in value, respectively, helping push U.S. winery-to-consumer shipment value past that of wine exports for the first time, according to a new study.
04/23/13
Interview, Part One: Bill Terlato, President and CEO, Terlato Wine Group
Terlato Wine Group enjoyed 18% sales growth in 2012, leveraging a portfolio that includes flagship Santa Margherita-which is now above 600,000 cases in the U.S. market-as well as prominent labels like Italy's Gaja, France's M. Chapoutier and Bollinger and California's Markham and Chimney Rock.
04/23/13
Barefoot Wine's 'Get Rich Slow' Scheme
Who says you need cash or expertise to start a business? Bonnie Harvey and Michael Houlihan said they lacked those two things, but have managed to create one of the country's fastest-growing wine brands.
04/23/13
Canada: What we can learn about open markets from wine and wheat
Canadian history is filled with tales of protected industries destined for oblivion because of free trade, foreign threats or lost subsidies. But the worst-case scenario rarely plays out as predicted. Consider two prominent examples from the past quarter-century: the advent of free trade for Ontario's wine industry and the end of the subsidized freight rates for Western grain farmers.
04/23/13
Pouch Packaging Energizes Retail Purchases for Consumers
Pouches continue to be the 'it' package for food processors and a growing number of beverage companies.
04/23/13
North Bay growers start vine work early to avoid labor shortage
Given continued uncertainties around immigration policy in Washington and Sacramento and the budding of a 2013 crop that could be decent-sized, North Coast winegrape growers are looking for ways to stretch labor farther so they aren't as short-handed as a number were during the record-volume 2012 season.
04/23/13
Va. winery, Tianjin Commodity Exchange Company agree on 5-year wine export deal
Gov. Bob McDonnell announced the agreement between Chateau Morrisette in Floyd County and the Tianjin Commodity Exchange Company on Monday. McDonnell is leading a job creation and economic development marketing mission to China, Japan and California.
04/23/13
Vineyard appellation value can prune tax bill
Vintners and growers of winegrapes often emphasize the value of vineyard terroir, a French term for the contributions of the distinctiveness of a certain location in wine quality. Yet what's not often realized is what boosts the prestige of vineyards in one area over those in another also can be a big bonus in tax savings.
04/23/13
Dialing up wine sales over the phone
There's a growing use of phone sales in the wine industry, especially after the recession changed the buying habits of luxury wine drinkers.
04/23/13
Napa: Davis releases two wines under new Frisson label
After a lifetime of appreciating fine wines, Terry Davis has fulfilled his dream of making wines by founding "Frisson Wines."
04/23/13
Secret talks would give SoCal water powers more clout
Southern California's major water agencies would control a joint powers authority to build two massive, 35-mile long tunnels to siphon water away from the Sacramento River before it could naturally flow into the Delta, the Sacramento Bee newspaper says.
04/23/13
Earth Day brings money to a hard-hit Central Valley area
The Planada Community Services District in Merced County is getting more than $4.8 million in a federal grant and a loan to improve its wastewater treatment system.
04/23/13
Turning a critical eye on Yelp
"Our customers repeatedly tell us they have submitted very good reviews" that never show up on the website. "We asked Yelp. We were told 'perhaps if you paid to do Yelp ads, we could help with this."
04/23/13
99.5% of illegal immigrants get approval for legal status; high number raises concerns about fraud
Officials said they expect the approval rate to drop as more cases make their way through the system
04/23/13
The Brains Behind Some of the Finest Cellars
Jay McInerney on Robert Bohr and David Beckwith of Grand Cru Wine Consulting
04/23/13
Winery Owners And Winemakers Take A "Road Trip" Across The US (Press Release)
The Quintessential Family Wineries' "Road Trip," makes stops in Chicago, Denver and Vail, CO the week of May 13t
04/23/13
Croatian winemakers upset by EU label rules
For Croatian winemakers, dreams of European Union market bounty came crashing down after recent trade bans exposed them to the hurdles which await agricultural greenhorns in the wealthy bloc
04/23/13
Floyd County winery toasts trade deal with China
Château Morrisette is toasting a new trade deal that will send thousands of cases of its wine to China over the next five years
04/23/13
Why I Don't Taste Wine Blindly
For starters, the process of blind tasting has very little to do with the experience of most wine buyers
04/23/13
Tribute For Keith Patterson May 11
Keith Patterson, one of the driving forces behind Cal Poly's highly respected Wine and Viticulture program, died March 21 at the age of 66
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