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04/18/14
Rémy Cointreau warns profits may slump by 40%
Rémy Cointreau has warned that full year profits may plummet by 35 to 40%, thanks to a fall in Chinese sales.
04/18/14
A former Kendall Jackson winemaker raises over $1 million for independent winemaking project
Peterson's new project relies on much smaller backers for support -- 200,000 smaller backers. He is using NakedWines.com -- a crowd-funding platform designed specifically for winemakers and wine drinkers.
04/18/14
County approves Santa Clara Valley wine trail route, signage
Visiting and local wine enthusiasts will soon have options besides their sometimes unreliable GPS systems in navigating South County's 20-plus wineries and vineyards-some tucked deep into the folds of rural hillsides-as county officials approved a new sign program directing motorists to the viticultural destinations.
04/18/14
Wine opinion: entry-level offerings win favour at Shanghai tasting
While anti-corruption laws have had a negative impact on the previously brisk sales of big-name wines, there is now a greater interest in entry level and good value wines. These might be from large Chinese vineyards or imports with a good pedigree. Imports have been helped by the resolution of a trade dispute between the mainland and the European Union.
04/18/14
Rosé: Now trending
"Attitudes seem to have changed over just the past year. Rosés are becoming trendier and trendier, leaving more room for different interpretations."
04/18/14
Tannins tamed, sagrantino grape surprises
Sagrantino is in the early stages of the wine consumer's consciousness-if it is there at all. And that's a good thing. Only in the last 20 years have winemakers learned how to tame its aggressive tannins.
04/18/14
Florida college looking for way to make wine healthier
Students do battle with cancer-causing fungus occurring in crushed grapes
04/18/14
Opinion: Dianne Feinstein's California water bill flows to the money
Water flows uphill ... toward money. That's as true now as it was the first time it was uttered by some now unknown cynic. Sen. Dianne Feinstein is proving it
04/18/14
Paso Robles Council approves $800,000 to design recycled water system
The first phase would be construction of a recycled water production facilities at the wastewater treatment plant and approximately the first mile of pipeline, Monn says. Subsequent phases would extend water delivery with a pipe system
04/18/14
Emerging markets stifle Diageo's growth
Diageo has announced flat sales for the nine months ended 31 March 2014 due to weakness in emerging market sales
04/18/14
'Napa Crossroads' - a musical love letter
David Pack joined forces with talented musicians and songwriters from five prominent valley wineries to create "Napa Crossroads," a recorded collection of original music that will be celebrated in a benefit performance at City Winery on April 28. He calls the CD "my love letter to Napa Valley."
04/18/14
Cape Mentelle, the Margaret River winery owned by France's LVMH group, has bowed to pressure from local producers by dropping its threat of legal action against Flametree Wines over use of the Wallcliffe name on labels
The move by Cape Mentelle comes after members of the Margaret River Wine Association voted overwhelmingly to challenge the LVMH-owned estate's claims to trademark rights on Wallcliffe as a standalone name
04/18/14
California's 2013 grape acreage totaled 878,000 acres
The wine-type grape acreage is estimated at 570,000 acres. Of the total acres, 525,000 were bearing and 45,000 were non-bearing.
04/18/14
Northwest Vineyard Deals Reflect Rebound
Jackson Family Wines and others lead charge to scoop up properties in Oregon, Washington
04/17/14
California Grape Acreage increases 7.4 percent, National Agricultural Statistics Service of the USDA says
California's 2013 grape acreage totaled 878,000 acres, up from 847,000 acres the year before. Of the total grape acreage last year, 820,000 were bearing while 58,000 were non-bearing.
04/17/14
Napa wine executive Chris Edwards pleads guilty to embezzlement charges
As vice president and general manager at The Wine Tasting Network, Edwards directed the company to make payments totalling about $900,000 to his fictitious company, according to the indictment. Then he deposited that money into an account he controlled and spent it on personal items like a BMW, the indictment says
04/17/14
Starbucks Expands Wine Sales to More Cities
Wineries enjoy exposure as coffee giant expands by-the-glass wine program to potentially thousands of cafés
04/17/14
Eric Asimov on 2011 Napa Cab
"The fact is, Napa Valley wines are not usually good values. Some exceptions exist, but often you are paying for the perceived status of Napa Valley. How you value that is up to you."
04/17/14
LVMH Moves Into Burgundy, Buying Domaine des Lambrays
Bernard Arnault's Moët Hennessy Louis Vuitton (LVMH) luxury group has made its first move in Burgundy, buying Domaine des Lambrays from Ruth Freund for an undisclosed sum. The domaine includes a near monopoly of the climat Clos des Lambrays.
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