Industry News

Industry News

The best Industry news directly here at THE WINE INVESTORS.

The strongest earthquake to strike northern California in 25 years crumpled historic buildings, cracked roads and highways and damaged wineries in the world-renowned Napa Valley. Scores of people were injured.

France, August 24th 2014

Baronness Philippine de Rothschild dies

From AAP

Philippine de Rothschild, the grande dame of Bordeaux wine and part-owner of the legendary Chateau Mouton Rothschild vineyard, has died aged 80, her estate says.

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Russia, August 24th 2014

Russia set to establish wine corporation

From ITAR-TASS

Russia may establish a large state corporation to produce wine materials on domestic soil as part of the country’s import substitution effort, Russian business ombudsman Boris Titov said on Sunday.

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USA, August 21st 2014

Napa discusses moratorium on winery building

By Peter Jensen at the Napa Valley Register

The ongoing debate on the pace and scale of winery development in the Napa Valley continued before the Board of Supervisors on Tuesday, with one supervisor asking if a moratorium on winery permits is needed.

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Australia, August 21st 2014

Treasury Wine Estates considering US acquisitions

From Reuters

Australia’s Treasury Wine Estates Ltd, which is the subject of two $3.1 billion takeover proposals, is considering making acquisitions in the United States to accelerate growth, chief executive officer Mike Clarke said on Thursday.

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Italy, August 20th 2014

Italy’s weird and wonderful wine grapes

By Ian d’Agata at wine-searcher.com

At least 30 percent of all the world’s grapes are Italian, and most still only grow there. Therefore, Italy’s wines offer unique aromas and flavors, and have many wonderful surprises in store for curious wine lovers. Sometimes, too many surprises.

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United Kingdom, August 20th 2014 Morrisons unveil screwcaps with a twist

By Arabella Mileham at thegrocer.co.uk

Morrisons is rolling out a new environmentally friendly wine screw cap that it claims will reduce its carbon footprint and makes the bottle easier to recycle.

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China, August 19th 2014 Whetting China’s growing appetite for wine

From China Wines Information Website

One of the offshoots of China’s economic rise has been a sharpening of the taste buds for red wine. According to the industry group Vinexpo, China is the biggest consumer of wine in the world, quaffing more than 1.9 billion bottles of red wine last year, which marks an 136% increase on 2008.

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USA, August 19th 2014 Industry warned not to miss point with millennials

By Ben Bouckley at beveragedaily.com

Wine Intelligence believes the millennial impact on the current US wine market has been overstated but says only those firms that cater for their future buying habits will survive.

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Italy, August 19th 2014 Italian harvest starts early as weather improves

From wine-searcher.com

The Italian grape harvest is underway, with grower organizations promising less quantity but more quality from the 2014 vintage.