The property had been listed by Sotheby's International Realty for $15 million. The inventory and other aspects of the business were listed by a broker at an additional $10 million, for a total of $25 million.
Wine experts and enthusiasts will gather at The Jefferson Hotel on October 28 for an innovative and informative day of speakers, tastings and discussions on the future and current state of Virginia wines.
Currently, the Department of Alcoholic Beverage Control (ABC) prohibits individuals and nonprofits from selling homemade wine or beer - a prohibition many small nonprofits were unaware of until the ABC recently denied one-day alcohol permits for various charity events involving tastings or auctions of home-produced alcoholic beverages.
Constellation Brands, U.S. seller of Corona beer, Svedka Vodka and Robert Mondavi wine reported net earnings of $189 million, or 96 cents per share, on $1.46 billion in sales for the second quarter of fiscal 2014. Earnings per share were up 35 percent from a year ago and beat the consensus estimate of 88 cents.
Jeff Porter, the acclaimed wine director of Del Posto, is now overseeing the wine program at Mario Batali and Joe Bastianich's flagship restaurant, Babbo. He replaces Alec Steidl, who is no longer with the restaurant.
While Burntshirt and Saint Paul Mountain Vineyards have boldly put Henderson County on the viticulture map over the last two years, a retired restaurateur has quietly been producing fine wine grapes in his backyard here for more than a decade.
Amy Harmon's excellent article in the New York Times describes how the Florida orange juice industry may soon be wiped out because of a new bacterial disease spread by an introduced insect. There could be a technology fix for the problem using genetic engineering, but the question is whether the growers will get to apply that solution.
The past two summers' lack of consistent rain forced vines to dig deeper roots to find water, and Phillips said the extra work and lowered water volume leads to heavily concentrated flavor in the fruit. T
As grape harvests get under way this week, the damage caused by a single hailstorm that pummeled the area around 4 p.m. on July 23 has ruined the likes of Rouxel and hit sections of France's 8 billion-euro ($10.9 billion) wine industry hard.
After five years of delivering information to readers worldwide, publishing company JV Presse Info has been forced to throw in the towel and admit defeat, despite the efforts of the entire team to weather the storm.