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WINE INDUSTRY NEWS


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Headlines: week ending February 7, 2004


Thu, 05 Feb 2004

'Vine police' to patrol French vineyards
The French INAO (Institut Nationale des Appellations d'Origine) is introducing squads of 'vine police' to step up quality and quantity control. In an attempt to ensure growers respect yields and production regulations, the INAO and its affiliated unions are sending out squads of three officers, one representing the ministry of agriculture, one administrator from the appellation, and one from the commune itself. They will tour the parcelles offering advice and ensuring proper care is being taken of the plants.


Can I Be Allergic to Alcohol?
Numerous requests have filtered through this site seeking information on allergic reactions caused by wine, beer and/or alcohol. The common question is "Can I be allergic to alcohol?" Although alcohol can be the culprit, it usually is not. The culprits are usually the additives used in the manufacturing process.


Wine company profits fall
Wine companies' bottom lines are feeling the cold after the devastating 2002 frosts. The Marlborough-based New Zealand Wine Company has reported a 46 per cent drop in its half-year profit, citing frosts and changing markets for the drop. Other wine companies say they are also feeling the impacts of the cold snap and the hot dollar.

Merger Creates First and only Global Investment Bank Dedicated Exclusively to Wine Industry
From the vineyards of Napa Valley, to Australia's Barossa Valley and the Chateaux of Bordeaux, the world of wine just got something it didn't have: its first and only global investment bank dedicated exclusively to the business of wine.

US: Wine report editor predicts tough year for smaller wineries
Increased competition from imports and inexpensive "super value" wines could equal tough times for Lodi's small- and medium-sized wineries in the coming year, the editor of a national wine industry publication said Tuesday.

Wine Show in India
In view of our fourth coming trade fair in the month of Aug 2004, we are please to inform you that "PROSIGHT" is organizing an event titled "India Buyer Seller Meet" focused specially on Wine and Cigars.

Australia wine makers to battle weak US earnings
MELBOURNE: Australian beer and wine maker Foster's Group Ltd is expected to report its interim profit dipped on weak US wine earnings, but smaller rival Southcorp Ltd is likely to show signs of a turnaround.

CHILE: Wine exports up despite US slip
Exports of Chilean wine were up 12% in value and 13% in volume in 2003, compared to 2002, the industry body Chilevid said yesterday. The boost was through all its major markets, except North America.


Wed, 04 Feb

Bulgarian Wine Expo VINARIA 2004 Opens Doors
The southern traditional expo town of Plovdiv opens doors on Wednesday to this year's 12 international exhibition Vinaria 2004, dedicated to viticulture and wine-making. A record number of 354 companies from 27 countries have been recorded this year, including 166 Bulgarian participants.


Huge profits drop for NZ Wine Co
The New Zealand Wine Company has seen its half-year profits plunge. The winemaker announced today that unaudited net profit for the six months to 31 December dropped by 46% to NZ$321,000 from $596,000 year-on-year.


AUS: Wine Industry Taxation Campaign
The Winemakers' Federation of Australia (WFA) has commenced a national campaign seeking targeted reform of the Wine Equalisation Tax (WET) in the lead up to the 2004/05 Federal Budget. Over the coming weeks, local winemakers and industry representatives will be meeting with Members of Parliament representing wine regions to lobby for an exemption from WET on the first 600,000 litres of domestic sales and urging these MPs to express their support for this policy to the Prime Minister and Treasurer. Press releases will be distributed to regional media following each of these meetings.

AUS: Rain not a problem for wine
The heavy rains in Northern Tasmania were just what the Tamar Valley wine region had needed, vigneron John Vincent has said. He said he was not put off by the annual game of roulette with nature, but even the welcome rain had a possible downside.

AUS: No cheer in wine sales to US, figures confirm
Analysts have warned beverage investors to look further ahead as the latest batch of US wine trade figures suggest that Foster's and Southcorp's earnings are likely to be hit by slowing sales and falling prices in what has been Australia's most lucrative market.


US: Wine Growers Adapt To Save Grapes
The extreme cold in the Rochester-Finger Lakes region this winter has grape growers worried. Low temperatures can do significant damage to their crops and reduce the output of fine wine.


Tue, 03 Feb 2004

Digital Dionysus
It was a cheap stunt, but effective. Leo McCloskey lined up a dozen vintners from the Robert Mondavi Winery in Oakville, Calif. in the corporate tasting room and asked them to rank the contents of ten bottles. When they'd finished swirling, spitting and recording their verdicts, McCloskey pulled out a sealed envelope. Inside was a list of the same wines ranked by a computer system he'd programmed to determine quality. The list matched dead-on the Mondavi judges' winner and loser.

Allied Domecq predicts earnings growth
LONDON - Strong demand for its spirits, wines including its New Zealand Montana brand, and fast foods would help Britain's Allied Domecq Plc increase earnings this year, despite a negative impact from the weaker US dollar, the firm said on Friday.

Fake goods leave bitter taste in vintners' mouths
A boom in counterfeit ice wines sold in parts of Asia is threatening legitimate Canadian exports of the sweet desert wine to one of its biggest export markets, according to worried vintners and trade officials. "Imitation is the highest form of flattery, but people are making ice wine in their garage and selling it in China. It's ridiculous," complained Charles Pillitteri, owner of Pillitteri Estates Winery.

US: Building a better wine cork
On a spotless concrete floor, seven huge molding machines sit in a row, pressing out little nubs into pallet-sized cardboard boxes. Each box contains some 50,000 of these synthetic doodads, just wide enough to fit the neck of a wine bottle. And that's precisely where they end up.

GERMANY: New MD for Hess wine division
The Hess Group has appointed a new MD, and is looking to expand in 2004, according to press reports. Germany's Lebensmittel Zeitung reported late last week that the Swiss group has appointed Jean-Marc Amez-Droz as the new managing director of its Business Development Wine division.

Poor harvest leaves sour taste for NZ Wine Company
The impact of last year's poor grape harvest has flowed onto the books of one of the country's two listed wine producers. The AX-listed New Zealand Wine Company yesterday reported a 46 per cent drop in its half-year profit.

What kind of wine is made with vacuum distillation?
In short, dealcoholized wine. Vacuum distillation is one of a few methods that is intended to extract all of the alcohol from a wine, without removing any of the key elements that define its flavor.



Mon, 02 Feb 2004

AUS: Ruined lives and sour grapes as investments go bad
Graham and Miriam Tier's lives are on hold. The surgeon and his wife plunged $365,000 of their savings into Jeffrey Meads's Miles Block vineyard grape growing scheme in 1999. Now they are facing an amended tax assessment for more than $500,000 - which along with the loss of their original investment would knock a huge hole in their retirement savings.

Argentina's Wine Industry Rises Above Country's Economic Crisis
Two years ago, the world watched in shock as Argentina's economy crumbled into chaos. After defaulting on $95 billion in state bonds, the country went bankrupt and foreign investment fled. Poverty rates soared, and civil unrest brought down five successive presidential administrations. The country looked down for the count.

Wine glut over, industry insiders say
SACRAMENTO -- The wine glut is over, industry experts declared Wednesday, and while California grape growers may not be planting vast new vineyards anytime soon, they shared a sense that the price crash has bottomed out.

Days of wine and rages
Fraud accusations not vintage 2000 Bordeauxs pour forth as the grape expectations of collectors and aficionados are shattered after they paid $12 million for bottles that still haven't arrived.

Wine Sales May Spur Growth at Chains
NEW YORK (Reuters) - Cabernet with your quesadilla? Rioja with your ribs? U.S. chain restaurants, responding to American consumers' increasingly sophisticated and health-conscious tastes, are focusing on wine more than ever.

Rats Bred to Drink Alcohol Live Longer Than Those Bred to Avoid It, Study Finds
A team of scientists at Finland's National Public Health Institute are scratching their heads over their latest findings: Rats bred to drink alcohol live longer, healthier lives than rats bred to refuse alcohol -- whether or not the rodents actually consume alcohol during their lifetimes.
'Vine-therapy' ice cream
A South African company has created a world first with a range of organic fruit flavoured 'vine-therapy' ice creams. Instead of opting for the more traditional vanilla, strawberry or chocolate flavours, the Renewal Centre is offering a scoop of 'Chardonnay Grape with Fig & Honey - Reserve 2004' or 'Blackberry & Cherry Pinotage Limited Edition 2004' ice cream.

Wine Notes: Going beyond the cork
Do you still snicker at screw caps? Does boxed wine scream "cheap jug wine" to you? What about smaller bottles, like the 375-milliliter half bottle or the 187-milliliter airline-type bottle? What if those bottles are plastic rather than glass?

From the best land comes the best wine
CHILE can best be described as a land of contrasts. Sandwiched as it is between the majestic Andes and the Pacific it is some 5,000km long yet only about 150km wide on average, the climate varies from one of the driest places on earth, the Atacama desert to the north, to the glacial southern tip.

WINE: Let nature takes its course
With all the recent headlines about bird flu and mad cow disease, caused by man's mass manufacturing of animals, one hardly feels safe anymore. But here's a place where mother Earth, not technology, sets the pace--the world of organic and biodynamic wines. Organic wines are made from healthy grapes grown without chemical fertilizers, pesticides or fungicides.

Driving and wine: the doggy bag
PARIS - With its smoke-stained walls, paper tablecloths and grandmotherly cooking, Chez Paul doesn't take kindly to change. But the government's crackdown on unsafe driving has had a sobering effect on wine consumption at this century-old, corner bistro just off the Bastille, as it has at restaurants and bars throughout France.


Sun, 01 Feb 2004

Wine for a Sweet Tooth
Many young adults, especially in the US, have grown up not being allowed to drink any wine at all. Instead, they grow up drinking soda, Hi-C, and eating chocolate and candy. Is it any wonder that when they try their first wine, they find it incredibly sour or tart?

Introducing Burgundy: Morey-Saint-Denis
Does proximity matter when it comes to seeking value in the world of Burgundy? It certainly helps market a wine when the producer can boast that his vineyards lie close by a more noteworthy property.

Are UK wine drinkers becoming snobs?
CAPE TOWN - 29 January, 2004 - The latest research on wine drinking habits reveal that UK drinkers are choosing even more expensive bottles of wine, resulting in the average value of wine, per bottle, going up. 'If one considers the latest statistics,' said Colin Collard, MD of the direct wine marketer, The Wine-of-the-Month Club, 'then UK drinkers are upgrading, and are perhaps becoming more snooty when it comes to wine consumption.' - www.wine.co.za

Wine Column - Big, and rich
No, I'm not talking about a new Cabernet Sauvignon. My words relate to the American market for wine. The US is the world's third largest consumer of wine, getting down more than 2100 million litres of wine a year. But America rates only 38th in per capita consumption, with 7.38 litres.


Growing Chinese market ready to be uncorked

China's burgeoning middle class population offers an opportunity for New Zealand wine exporters, says an Auckland University postgraduate student who has researched the market.

California snaps at France's heels
California is set to overtake France as the UK's second largest wine supplier, decanter.com has learned. According to the latest figures from analysts AC Nielsen, the USA (of which California accounts for 95% of wine produced) overtook Italy in both value and volume in the UK off-trade in 2003, taking the number three position behind Australia and France.

Itatilan Wine: Regulations, EU Alarm over counterfeits
It's a free-for-all when it comes to selling so-called Brunello wine from the cellars in Argentina or the Amarone in South Africa, the Morellino in New Zealand, the Vinsanto in Australia, the Recioto in Chile or the Gutturnio in the USA.

Wine Sales May Spur Growth at Chains
NEW YORK (Reuters) - Cabernet with your quesadilla? Rioja with your ribs? U.S. chain restaurants, responding to American consumers' increasingly sophisticated and health-conscious tastes, are focusing on wine more than ever. Since 1997, wine sales at U.S. restaurants have surged more than 65 percent to $9.9 billion, according to the Adams Beverage Group, a market research firm in Norwalk, Connecticut.

N.Y. Lawmakers Propose Take-Out Wine Law
ALBANY, N.Y. (AP)--Two state legislators are proposing a law that would allow diners to take an unfinished bottle of wine home from a restaurant. If the bill passes, New York would be one of at least a half-dozen states that allow take-out wine. California, Oregon, Maine, Hawaii and Connecticut all have "doggie bag'' laws.
   
   

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