The deputy mayor of a Bordeaux village is crying foul over a loophole that sees immensely wealthy banking and financial interests offered tax exemptions meant for struggling farmers. Ludon-Médoc's Benedict Simian says that prestigious châteaux in the Haut-Médoc are often owned by banking or industrial interests and should not receive the same government largess as smaller, owner-operator vineyards.
E&J Gallo is aiming to grow its share of the premium end of the wine market with the launch of two new brands, Dark Horse and Apothic Red, despite the fact that the average spend on a bottle of wine in the UK still hovers around the £5 mark.
Sainsbury's, which late last year overtook Asda-WalMart to become the UK's second largest supermarket, has committed to printing calorie amounts on all its own-brand wines over the next two years. Its move drew praise from the UK government, but also revealed division between multiple retailers, which together account for the vast majority of the country's wine sales and have large own-brand ranges.
Part of the Clark family that founded UK wholesaler Matthew Clark and with a grandfather who was involved in the founding of the Wine and Spirit Trade Association and the Institute of Masters of Wine, alongside his twin David, Michael was already steeped in the trade before becoming one of its stalwarts.
Tributes from across the trade are being made to Michael Cox, the highly respected industry figure and European head of Wine of Chile who died last night after a year long battle with bile duct cancer.
Over 1,600 exhibitors from across the Mediterranean's world of wine and spirits are set to descend on Montpellier in Southern France next week for this year's Vinisud trade show which hopes to attract buyers from all over the world.
The body of Chinese billioniare Lam Kok, a 46-year-old tea magnate who sealed the biggest deal ever made by a Chinese national on a Bordeaux wine estate in December, has finally been recovered - two months after going missing in a helicopter crash.
Diageo has fired a warning shot against any possible British departure from the European Union and the risks it would have on not only its business but the future of key markets such as the Scottish whisky industry. This could be exacerbated further if Scotland chooses to become independent later in the year.