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WINE INDUSTRY NEWS


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April 12, 2003
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October 25,2003
November 1, 2003
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November 22,2003
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December 6, 2003
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December 27, 2003
January 10, 2004
January 17, 2004
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January 30, 2004
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February 14, 2004
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March 13, 2003
March 20, 2003
March 27, 2004
April 3, 2004
April 10, 2004
Headlines: week ending April 17, 2004


Fri, 16 Apr 2004

It's true! Alcohol gives you gout
London - Confirming the wisdom of ages, researchers have found that drinking alcohol - particularly beer - can more than double a man's risk of developing gout. One of humankind's most ancient diseases, the painful joint condition is the leading cause of arthritis in men. It is less common in women, occurring only after menopause. The connection to drinking has been believed for centuries, but a study published this week in The Lancet medical journal verifies it for the first time and found that even light indulgence increases the risk.

Three glasses of wine a day 'a health risk'
Heavy social drinkers show similar patterns of brain damage as that seen in hospitalised alcoholics, researchers have warned. Consuming as little as half bottle of wine each day can result in loss of memory, reduced intelligence, poor balance and impaired mental agility.

US: Tourism uncorked in wine country
Visits to Washington's wine country have increased dramatically since 2000, a survey released Wednesday by state tourism officials says. The study focused on Benton, Franklin, Walla Walla and Yakima counties and showed that the state experienced a 29 percent increase in overnight visitors from three years ago and an 8 percent increase in visitors staying with friends and family.

On reconsidering German wine
Although I used to pilfer mom's Andre sparkling wine and guzzle it with my post-pubescent friends, the first "serious" wine I ever tried was Black Tower. I still remember the syrupy-sweet sensation smacking of steel not fruit and the cloying aftertaste. I'm surprised I ever tried wine again.


SA: Wine industry benefits from transference of skills
The internationally acclaimed Wildekrans Wine Estate, situated in the prestigious Walker Bay region near Hermanus, has been named one of the 'Hottest New World Wineries' - quite an achievement for an estate that only started producing wines in 1995


Vintage 2004 Update: Harvest On Track
In a mid-vintage update, New Zealand Winegrowers has reiterated its pre-vintage announcement that the wine industry is on track for a record grape crop in 2004. Reporting on progress to date, Philip Gregan, CEO of New Zealand Winegrowers said "The vintage has now been underway for nearly two months. March weather was favourable, and was marked by lower than average rainfall in many areas. This weather has continued into April, providing good conditions for ripening and flavour development."

Grapegrowers picking a top vintage
Despite a season of seesawing weather, Hawke's Bay is well set up to pull off another great vintage. About 80 percent of the region's 840 hectares have now been harvested. Late red varieties - cabernet sauvignon, cabernet franc and syrah - as well as grapes being left to botrytise for dessert wine are still hanging out.

Antinoris of Tuscany to Launch Second New Zealand Brand
The Antinori family of Tuscany has paid US$1.8 million dollars for 31 acres of vineyard land in New Zealand's Marlborough region and plans to launch a new Sauvignon Blanc label starting with the 2004 vintage.


Thurs, 15 Apr 2004

Vintners search globally for oak with distinction
Where a visitor in a winery cellar might see wood barrels stacked in neat rows, winemakers see a spice rack. There, locked inside the oak and awaiting the alchemy when wine and wood age, are flavors hinting at vanilla, cinnamon, nutmeg and coconut.


Belthazar, world's largest wine bar opens at V&A Waterfront
The largest 'wine by the glass' wine bar in the world has been the talk of the town since it opened recently at the V&A Waterfront in Cape Town.


Winery red-faced over spill
Montana Wines could face prosecution for a red wine spill into a Glen Innes creek. The firm spent $110,000 cleaning up Omaru Creek after the leak was discovered during regular testing by Auckland Regional Council (ARC) staff last November. They found low oxygen levels and a red discharge, says the ARC's pollution response team leader, Steve Tyson.

Sauvignon blanc research wins $9.6 million
The art of making a sauvignon blanc that tastes and smells just right is about to become a science. The Government's science funding agency, the Foundation for Research, Science and Technology, has given $1.6 million a year for the next six years to a sauvignon blanc research consortium led by Auckland University.

Days of wine and art appreciation
The outgoing chief executive of Lion Nathan, ebullient Scotsman Gordon Cairns, flinches at the thought that the company's foray into wine will be his legacy. "I think it would be immodest of me to try and write my epitaph, but if was only wine I think people would forget me very quickly," said Cairns from Australia last week.

AUS: Annual wine export figures released
Australian wine exports remain buoyant but value per case is declining sharply, according to latest official figures. In the year to 31 March, exports reached 62m cases, a rise of 13% year-on-year, with red table wine accounting for 80% of the growth, the Australian Wine and Brandy Corporation reported.


FRANCE: Bouchard invests in wine facility
Burgundy trader Bouchard Pere et Fils is investing around euro 13m in a new 10,000 sq.m wine-making facility at Savigny-les-Beaune. The company says the aim of the new facility is not to increase production capacity but rather improve the quality of its wines.


Wed, 14 Apr 2004

Moderate Drinking Cuts Health Risks for Men With Hypertension, Study Finds
Men with high blood pressure who drank moderately every day showed a 44 percent lower risk of developing cardiovascular heart disease than men with hypertension who did not drink, in a new study from the Worcester Medical Center in Massachusetts. Men who drank a few times a month or each week also had less chance of having a heart attack or stroke than nondrinkers.

It's geek-meets-grape as wine gets wired
SAN MARTIN, Calif. - Once, wine meant horse-drawn plows and barefoot workers stomping in a tub. These days, winemakers are more likely to depend on the juice running through their personal computers as they turn grapes into the premium vintages.


AUS: New wine producer every 35 hours
Over the past three years, a new Australian wine producer has opened for business every 35 hours. There are now 1798 wineries across Australia, according to the 2004 edition of Wine Industry Directory. The top 20 companies account for 89% of sales of branded wine and 94% of exports, however.

Winners and losers in research funding
The foundation said the 67 new research programmes were the result of long-term investment strategies, to provide economic benefits to all New Zealanders. A number of research programmes, including those for the development of new biomedical and manufacturing industries, additional varieties of sauvignon blanc wine for export, and a system to reduce the impact of flooding, have received funding.

AUS: Rann, Kerin join forces to cut wine tax
PREMIER Mike Rann, Opposition Leader Rob Kerin and National MP Karlene Maywald have joined forces to push for cuts to taxes on wine. The trio has sent a letter to Prime Minister John Howard warning the viability of the wine industry in South Australia is under threat.

US: Wine Group ups GSV buyout offer
The Wine Group has submitted a fresh buyout bid for Golden State Vintners (GSV). The Wine Group, whose previou offer of US$7.25-a-share was rejected by GSV in favour of a bid from a group led by chief executive Jeffrey O'Neill for the same amount, announced late last week that it has upped its offer to $7.75 per fully diluted share.

United States to Allow Wine Labels to List Calories and Carbohydrates
The U.S. government is now allowing alcohol-beverage producers to cite calorie and carbohydrate content on their labels and in their advertising -- as long as the statements are truthful and specific.


Tue, 13 Apr 2004

A passion for pinot
It's being touted as New Zealand's signature wine of the future. Jude Petheram talked to Nelson winemakers about pinot noir. Pinot noir is the wine on everybody's lips these days, even if they can't afford to drink it.

Wines too hot to handle
Hawke's Bay wines are now to be "hot red" instead of "red hot". Organisers of a regional red wine promotion were well into planning their Red Hot Roadshow, to display wines in Wellington and Auckland, when they discovered a group called Conferenz had trademarked the term "red hot".

Undrinkable? Mon dieu!
Wine producers in Bordeaux are starting to think the unthinkable as they try to halt a plunge in sales of one of the world's most prestigious tipples. Growers and sellers are considering tearing up some vineyards, changing their ways to adapt to markets and consumer tastes and improving the quality of their product. The measures were put forward at a closed meeting over the past few days of 300 professionals in Bordeaux, the city synonymous with fine wine.


Right on track with a better grape cure
One of the striking things about Botry-Zen is that, for a new biotech company, it has been remarkably good at meeting its own forecasts. The company was started with the late Howard Patterson's backing in 2001 and forecast a $991,667 loss for the year to March 2002. The actual result was a $891,987 loss.

London listing a first for Australian wine
WESTERN Australia's Palandri Wines will become the first wine company to list on London's Alternative Investment Market. Palandri executive chairman Darrel Jarvis said private placements ahead of the float on May 14 were expected to raise between $5 million and $11 million.

Another bitter from Fosters
Foster's shareholders may have to swallow another bitter pill this year with analysts anticipating writedowns of up to $300 million as the new chief executive, Trevor O'Hoy, clears the decks. The brewing group has been rangebound between $4.30 and $4.60 since 2002 because of the US wine glut which has caused major discounting.

Group's export success paves the way for full-time expert
Barossa Valley vineyard group Thorn-Clarke Wines has built up enough export sales in North America and Europe to employ a full-time winemaker. Thorn-Clarke said Derek Fitzgerald would move from Langhorne Creek after experience in the Hunter Valley and Frankland in Western Australia.

Riverina winery is toast of US
Casella Wines boss John Casella says he has no plans to float the family-owned business behind Yellow Tail wine after it racked up a bumper sevenfold rise in net profit amid growing competition in the $1 billion US wine market. Mr Casella said he planned to plough the profits back into the Griffith business in an effort to maintain its extraordinary rate of growth at a time when Australian wine heavyweights Southcorp and Foster's Group are struggling to turn a serious profit in overseas markets.



Mon, 12 Apr 2004

Mick's red is not so simple
Mick Hucknall is best known as the singer with the pop group Simply Red but his Il Cantante label, produced in Sicily, is beginning to make music in wine circles. Mick Hucknall bounded on to the stage in Verona, his audience's excitement followed by a reverent hush. "Il Cantante!" - "The singer!" - cried a breathless voice from the crowd.


South Australian wine grape growers diversifying
Wine grape growers in South Australia's Riverland are being encouraged to diversify into dried fruit growing. With some wine grape varieties literally being left on the vines to rot due to dramatic price falls, growers are looking for alternative income sources.

Painful Measures Urged to Help Bordeaux Wine Sales
BORDEAUX, France (Reuters) - Wine producers in Bordeaux are starting to think the unthinkable as they try to halt a plunge in sales of one of the world's most prestigious tipples. Growers and sellers are considering tearing up some vineyards, changing their ways to adapt to markets and consumer tastes and -- painful as it is to admit for the aristocrats of the world wine trade -- improving the quality of their product.

China, Moldova cooperate to cultivate high quality grapes for winemaking
A grape cultivation base featuring breeds imported from Moldova, a leading grape producer and winery, has been put into operation in Penglai City, the eastern province Shandong. Shandong is China's major wine producing province where the leading winery Zhangyu Group, with a history of more than 110 years, is based.


Sun, 11 Apr 2004

Who'll drink all the wine?
Fancy the idea of starting your own little vineyard and winery? Join the throng. New wine companies are mushrooming around the country at the average rate of one a week. But will they all be able to sell their wine?

A famous year for Bordeaux?
Jancis Robinson travels to Europe's most important fine wine region and finds the long, extremely hot summer of 2003 produced good news for a few of France's world-renowned chateaux but not their less illustrious neighbours.

A glass act that's proved hard to follow
A brief stint as an apprentice glassblower on Sado Island in the late '80s left me with a great appreciation of the aesthetics of a well-made wineglass. The weight, the balance, the cut of the lip, the curve and thinness of the bowl -- and the subtle ring after a toast -- are all factors that, when they come together well, elevate a glass far beyond the merely functional.

More Southern Italians
Last Wednesday's delicious Nero d'Avola-Syrah blend from Sicily put me in the mood to explore the warm and hearty reds of Southern Italy, so I've pulled corks from three more interesting wines of the region in recent days. Let's start today with a quick survey of the wines, their grape varieties and regions, then move right along to the tasting notes.

US: Liquor, wine bottles soon may list carbs, calories
Washington (AP) -- Consumers counting carbohydrates and calories soon may see that information on the labels of their favorite rum, scotch and other liquors.

Sicilian vintner blends tradition with technology-driven present in fruit-packed wines
Sicily -- The extent of the sprawling 1,250 acre Regaleali estate is hard to comprehend as we drive along winding two-lane roads south from Palermo and up into the interior of this sun-drenched Mediterranean island. It must have seemed even more puzzling to visitors a century ago who had to rely on horse-drawn carriages to transport them from the populous cities of Catania and Palermo to the hilly center of this large Italian island state that separates the Tyrrhenian and Ionian seas.


Grape harvest delayed
Cold weather had delayed the grape harvest in Central Otago by about two weeks and most growers would "hang out" for as long as they could, Central Otago Winegrowers Association president Heather McPherson said.

New International Wine Competition Underway for World Wine Market Exhibition April 29 - May 1
World Wine Market LLC has announced the 2004 World Wine Market International Wine Competition, which will be coordinated and conducted by Affairs of the Vine. Wineries from five continents participating in the World Wine Market Exhibition will be eligible to submit entries for awards.

US: The Wine Group Submits New Bid for Golden State Vintners
The Wine Group LLC ('TWG') announced today that it has submitted an offer to acquire all of the outstanding common stock of Golden State Vintners, Inc. ('GSV') (Nasdaq:VINT) at a price of $7.75 per fully diluted share.

US: Are we on the verge of another wine boom?
Say what you will, talk to the numbers guys, speak with the vintners -- but I think wine consumption in this country has reached critical mass. That is, we've turned the corner and are becoming a wine culture. Some would say that corner is no more than a cul de sac and we're just spinning our wheels if we think Americans are finally going to drink more wine. The naysayers would opine that we're jaded, too close to the situation. We're like that famous "New Yorker" map which shows a compressed United States with NYC on the right and "Frisco" on the left coast with nothing in between.
   
   

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