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WINE INDUSTRY NEWS


Archives
April 12, 2003
April 19, 2003
April 26, 2003
May 3, 2003
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May 17, 2003
May 24, 2003
May 31, 2003
Headlines: week ending June 7, 2003


Fri, 06 Jun 2003

US: Bronco buys out winery in Napa
It may be time to look for 'Nine Buck Napa.' Bronco Wine Co., which brought the world Charles Shaw wine, commonly referred to as Two Buck Chuck, has purchased the Quail Ridge brand -- and plans to offer a "super value" Napa Valley wine.....


Key Flavors and Aromas Linked to High-Scoring Wines
The "Wine Marketer's Companion," released by consulting group Wine Angels, analyzes reviews of seven major wine varietals from the United States, Australia and New Zealand......

Meritage Association Membership Reaches 100 Members
A group of American vintners, frustrated with limitations on varietal labeling requirements, set out to create a special name for high-quality blends of Bordeaux varietals. The term Meritage was coined and the association was formed in 1988. Meritage represents the highest form of........

US: Ohio is unfriendly to wine drinkers
Ohio law imposes a 135 percent markup on each bottle of wine before it is sold in stores, resulting in customers paying 25 to 50 percent more for wine than customers pay in other states.......


Australia: Wine exports at new mark
Australian companies are selling more wine overseas but getting less per litre for it, according to the latest figures from the Australian Wine & Brandy Corporation.....


Thu, 05 Jun 2003

New Zealand: Montana fined for labelling machine accident
Montana Wines was fined $1500 yesterday over an incident in which a woman's fingers were crushed in a bottle-labelling machine......

Banrock Station: conservation and some really good wines
Banrock Station is actually a place, rather than simply a brand name. Situated just north of Kingston-on-Murray in the heart of South Australia's Riverland, Banrock Station is a 1700 hectare property which lies directly opposite an historic Cobb and Co. staging station, Overland Corner......

Italy wine fraud cracked
Italian tax police in Puglia have cracked a criminal network that recycled ordinary table grapes for wine production and dodged taxes, defrauding the EU of more than (Euro) 4m ......


Screw tops are better than corks, say wine tasters
The satisfying pop of a wine bottle being deftly uncorked is under threat after wine experts announced yesterday that screw-cap bottles are superior to their cork-stoppered counterparts.....


Big Uptake By Wineries For Wine New Zealand Showcase

Predictions of 45% less wine this vintage have not dampened sales uptake by wineries for this year's Wine New Zealand. Stands have been selling fast, with over 100 wineries from every wine region in New Zealand eager to showcase their wines, leaving only a handful of stands left. Taking place from 24th - 26th August at the Auckland Showgrounds in Greenlane, Auckland.......

Napa Wine Auction Results Mirror Dow Jones Industrial Ave
In a recent study conducted by wine business advisory firm Motto Kryla Fisher (MKF) for the Napa Valley Vintners Association (NVVA) it was determined that there is a very high correlation between the Dow Jones Industrial Average and the dollars raised at the annual Napa Valley Wine Auction -- held each June in California's premiere winegrowing region, Napa Valley........


French growers amazed at early flowering
Burgundy growers - and their colleagues in other regions - are amazed to see vines flowering three weeks earlier than normal this year......

US: Budget holds fate of wine degree
While Washington ponders someday having its first four-year university degree in wine grape growing and winemaking, California may soon have its second.....

Japan's wine makers take middle-of-the-road approach
Japanese wine makers are gearing up to do battle in the market for mid-price wines, an area largely dominated by imports. Liquor shops have increased their lineups for wines in the 2,000-3,000 yen range to meet brisk demand from young women, but domestic makers have so far played only a limited role......

Australia: Winemakers Benefit From Wine Tourism Projects
The Winemakers' Federation of Australia (WFA) today announced the release of the 'Your Guide to Wine Tourism' series of fact sheets. The industry's strategic planning processes, commencing with the industry's 30 year plan Strategy 2025, have identified the potential for wine tourism activities to provide greater financial security and growth for wineries, to provide an alternate income stream and assist with improving nett returns......


Wed, 04 Jun 2003

Canada: Sales surge at Stonepoint
The Canadian wine company, Stonepoint Group Ltd, has reported a 267% surge in sales for the first quarter of 2003 from US$2.78m to US$7.44m. The company attributed the strong increase to ......

Concha Y Toro Again Top Wine Exporter To US In 2002
Chile's largest wine exporter Vina Concha Y Toro SA, for the third year in a row was the largest wine exporter to the U.S. in 2002, the company said Tuesday.......


Australian domestic wine sales surge 9 percent in April
Domestic Australian wine sales surged nine per cent in April, the Australian Bureau of Statistics said Tuesday. The bureau said domestic wine sales improved to 36.5 million litres, an 11.9 per cent increase on April 2002 sales. White wine sales improved......


Tue, 03 Jun 2003

Is wine fattening?
For those hoping to lose some kilos, is wine a friend or foe? We've all been putting on a few extra kilos lately, haven't we? As a nation, that is. More than 60 per cent of us are overweight or obese, according to a recent study of 11,000 Australians published in the Medical Journal of Australia......


Southcorp drips deep red
Southcorp suffered a double blow yesterday, with its credit rating slashed to junk status and arch-rival Foster's Group declaring confidence in the future with a 22 per cent rise in its wine intake.....

Winemaking chief Shaw leaves Southcorp
Southcorp chief winemaker Philip Shaw has resigned in a move that has left the industry shocked and unsurprised in equal measure.....

US: St. Helena Winery Will Sell No Wine, Only the Vine
Peter and Paulette Story have a Napa Valley winery like no other. They don't sell their wine, they allow wine lovers to 'adopt' one or more of their vines. The Story's story, so to speak, starts like those of many aspirational winemakers......

Australia: New Service for winery and tourism industry
The Ararat Information Centre made an ideal venue to launch Mike DiLisio's new business venture, Grampians Pyrenees Tours. The Grampians Pyrenees Tours will cater for lovers of fine food and wine located within the region......

US: Signature Wines Expands Portfolio
Signature Wines, a premier provider of custom label wines and distinctive wine labels for businesses and individual consumers, has recently signed new partnerships with the following established and boutique California wineries in addition to well-known wine suppliers, including Allied Domecq (parent company of wineries Clos du Bois, William Hill, Buena Vista and Mumm), Benziger Family Winery, Burgess Cellars, Fritz Winery, Honig Vineyard and Winery, Monticello Vineyards, Napa Valley Wine Company and Roshambo Winery.....

Vincor International Announces Record Sales And Net Income
Vincor International Inc. Canada's largest producer of wine and related products, today reported its year-end financial results for the twelve month period ended March 31, 2003. "In fiscal 2003, Vincor continued to build its portfolio of super-premium wine brands while also achieving strong sales growth and overall margin improvement.......

Procork Stopper Enters Final Testing
An Australian company has entered final testing of a revolutionary new cork which could once and for all end debate on the most effective way to seal wine. The technology revolves around a membrane that is applied to each end of the cork and reduces chemicals entering the wine, regulates the passage of oxygen through the cork and retains cork moisture resulting in less cork breakage......


Mon, 02 Jun 2003

Napa Valley Vintners Face Growth Dilemma
Silhouetted against a cloud-streaked sky, The Grapecrusher, a super-sized statue of a laborer wrestling with an old wine press, marks the southern entrance to the Napa Valley and its famous fine wines......

Australia: Beringer crush up 22pc
Beringer Blass Wine Estates, the wine arm of global beverage company Foster's Group, said today that its total grape intake for the Australian and New Zealand 2003 harvest was 22 per cent higher than the previous year.....


Burglars Nab 8500 Bottles Of Mommessin Grand Crus
Attempting to disprove the conventional wisdom that the only way to make a small fortune in wine is to have a large one to start with, a team of burglars stole 8,500 bottles .....


Foster's Says Australian Grape Intake Surges 22%
Foster's Group Ltd. said it will crush 22 percent more grapes in Australia this year while production from its New Zealand wineries will fall by a tenth because of a poorer season......

Southcorp's Credit Rating Cut 2 Levels to Non-Invest Grade
Southcorp Ltd., Australia's biggest winemaker, had its credit rating cut to junk after last month forecasting its first annual loss and possible asset writedowns......

SAP begins to reap benefit for Direct Wines
Home delivery wine merchant Direct Wines is reaping the benefits of its SAP system after a troubled rollout which saw the original systems integrator being thrown out. The company, which has 700,000 active customers, finally implemented the SAP Retail suite earlier this year after a protracted rollout......

Southcorp plots grapes of wealth
While tired of fielding scorn, sniggers and grillings by everyone from taxi drivers to business contacts, the staff who work largely behind the scenes are committed to Southcorp's top brands......


Wine country braces for Mediterranean mealybug
Vintners in Sonoma and Napa counties are on alert for infestations of a Mediterranean insect that attacks roots, leaves and grapes.....


Sun, 01 Jun 2003

US: Tall tales of the Pinot Kid
A couple of years ago, the Feds knocked on Gary Pisoni's door in an attempt to bust him for stealing. Not for lifting gems from South Africa or for boosting watches from Switzerland. Oh, no. The G-men wanted Pisoni for the alleged confiscation of grape cuttings......

NZ: Sacred Hill wins Gold at 'London Intl Wine Challenge
Sacred Hill Wines have receive GOLD for the 2000 Sacred Hill Helmsman Cabernet Merlot at the world renowned 'International Wine Challenge' in London. As New Zealand red wines have struggled to achieve gold medals in this event in the past and the fact that the gold medal tally for New Zealand producers was only eight in total highlights the pride in which Sacred Hill takes this achievement.....

Washington wine makers scale back on premium brands
Caleb Foster and his wife, Nina, didn't start their winery in Walla Walla three years ago to become marketers and run spreadsheets. But after opening at the beginning of the recession, the two quickly learned how important those jobs were......

Australia: Wine cleanup
Peter Taylor has been named as Southcorp's chief winemaker as chief executive John Ballard elevates long-time employees to key management roles to help restore profitability. Mr Taylor succeeds Philip Shaw, whose departure marks the third former Rosemount Estates executive to leave in the past four months.....

   
   

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