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10/24/14

The national media's business press has been busy this morning analysing Tesco's half-year 92% drop in pre-tax profits and even larger accounting black hole and looking at ways it can get itself out of the mire and back to leading the UK grocery retail market.

10/24/14

Ex-Somerfield wine buyer Angela Mount questions how Tesco's BWS department will function in the longer term as pressure to make trading plans for next year builds.

10/24/14

Tesco has been found to have overstated its profits by £263m, £14m more than first thought, as it revealed today that its post-tax profits are down 92%.

10/23/14

The airborne fungus has hit grape yields and winemakers say they need emergency funding to take action

10/23/14

The TescoGate accounting crisis means retailers will take greater care in their dealings with suppliers, now the "genie is out of the bottle", experts have told Harpers.co.uk.

10/23/14

The creation of the Vin de France category has driven "important growth" in French wine exports as well as acceptance among younger consumers, Harpers France Summit heard.

10/22/14

France is in "pole position" in the online wine market - which represents the country's biggest opportunity going forward.

10/22/14

Graham's is offering people the chance to pre-purchase vintage Port in the year of its harvest in order to meet demand for birth and wedding gifts.

10/17/14

The Conseil Interprofessionel du Vin de Bordeaux (CIVB) is launching its first global marketing campaign to help counter falls in sales by both volume and value. Its seven priority markets - China, USA, UK, Japan, Germany, Belgium and France - will soon be flooded with new atmospheric images drawn up by leading British advertising agency, Isobel.

10/17/14

When the French school semester started in September, most college students had no lack of drinking opportunities. As is common in other countries, French freshmen are usually encouraged to drink heavily in initiation ceremonies. But soon the excessive drinking could face a sudden end. According to a French draft health bill, inciting binge drinking could be punishable with up to a year in jail or a hefty fine.

10/17/14

A Tuscan producer has welcomed the Chianti region's recently introduced top tier classification, Gran Selezione, as a tool for distinguishing wines with "personality".

10/15/14

The French grape harvest has produced a bumper crop for 2014 after two years of adverse weather conditions. But the smiles could be wiped off winegrowers' faces if wood decay disease, which now affects 12 per cent of vines in all of France's wine-growing regions, continues its relentless march across the country.

10/10/14

Piedmont appears to have weathered Italy's 2014 harvest best, but it's a sadder story elsewhere.

10/10/14

France's wine production could reach 46.5 million hectolitres this year, a 10% rise on last year.

10/09/14

The Instituto dos Vinhos do Douro e Porto (IVDP) has been around since the 18th century and president Manuel de Novaes Cabral tells Erin Smith he still sees his mission intrinsically linked to helping protect Portuguese wine and particularly Port.

10/09/14

The 2014 vintage may reach 46.45 million hectoliters (1.23 billion U.S. gallons), the most wine in three years, from 42.37 million hectoliters last year, the Agriculture Ministry said in an online report.

10/09/14

Thierry Roset, chef de caves of Champagne house Charles Heidsieck, has died suddenly at the age of 54.

10/09/14

There is rising concern in Bordeaux about an Asian fruit fly that causes sour rot in vineyards, although it is not expected to significantly impact the 2014 harvest.

10/08/14

Based on recent ViniPortugal data, Wines of Portugal have announced another strong semester of export growth in the U.S. market, with a 19.1 percent increase in the first half of 2014 (January-June) compared to the same period in 2013. Sales of Portuguese table wines (excluding port wine) improved to €15.47 million ($19.5 million at 10/1/14), up from €12.99 million ($16.29 million at 9/31/13) during the first half of the year prior, a clear reflection of the growing consumer interest in Portugal's unique varieties and masterful blends.

10/08/14

High in the mountains of Portugal's Algarve region, correspondent Martha Teichner finds herself in what feels like a misty, magic forest, where giant cork trees grow; Teichner visits a fourth-generation cork manufacturer to discover the ages-old traditions of producing corks

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