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WINE INDUSTRY NEWS


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January 10, 2004
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February 28, 2004
March 6, 2004
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March 20, 2003
March 27, 2004
April 17, 2004
April 24, 2004
May 1, 2004
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May 15, 2004
May 22, 2004
May29,2004
June 6, 2004
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June 19, 2004
June 26, 2004
July 3, 2004
July, 10, 2004
July 17, 2004
July 24, 2004
July 31, 2004
August 7, 2004
August 14, 2004
August 21, 2004
August 28, 2004
Sept 4, 2004
Sept 11, 2004
Sept 18, 2004
Sept 25, 2004
Oct 2, 2004
Headlines: week ending October 9, 2004



Thu, 07 Oct 2004

French winemakers go naked for calendar
First the UK Women's Institute went naked, then the New York fire department and British prison officers, and now the winemakers of the Côtes de Bourg are releasing a nude calendar.

Wine Lines by Bob Johnson
This week we focus on the area's true specialty: dessert wines. Some of the greatest sweet wines this side of Chateau d'Yquem are crafted by vintners in the "other" Niagara.

Consumers still prefer cork to screw tops
Regular wine drinkers may turn up their well-cultured noses at the thought of synthetic corks or - gasp! - screw on tops for their favorite merlot or chardonnay, but a new study has found they can't tell any difference in the taste.

South American Wine Guide: Chile
The wine producing nations of South America are making great strides in improving the quality of their product. In the second part of this series we will look at the wines of Chile. Next week look out for the contribution of Uruguay and Brazil.

UK: Wine consumption eating into beer sales
Consumption of wine in the UK is expected to increase some 16% by 2008, according to research released today. The growth will come at the expense of beer sales in the on-trade, the research says, as people increasingly drink wine at home with their meals.

US: Grape harvest 95 percent complete
Winemakers expect outstanding quality as crush moves toward earliest completion in a century after near-perfect growing season

AUS: Wine sales up
The trend estimate for domestic sales of Australian-produced wine was 35.5ML in August 2004, an increase of 0.4% on July 2004 and 4.1% on August 2003.

Compounds found in wine could inhibit Alzheimer's
New Japanese research could explain why drinking wine appears to prevent the onset of Alzheimer's. Scientists have found compounds that inhibit an enzyme implicated in the disease.



Wed, 06 Oct 2004

US: Sheriff's sale features 10K cases of wine
More than 10,000 cases of Australian wine will go on the auction block Friday morning at an Eighth Street East warehouse, the result of a court judgment against the distributor.

After 3,000 years, sherry still a favored wine
Near the southwestern coast of Spain, about 10 miles in from the Atlantic, is the town of Jerez de la Frontera. For three millennia, wine has been made and exported from this region.

US: Top Wine Educators Join Forces in Philadelphia
The top wine gurus are now in Philadelphia. The Wine School of Philadelphia is announcing the recent addition of Dr. Lynn Hoffman to its already robust teaching staff this week.

Chinese wine sector attracts growing interest
Investors monitoring the huge growth potential and high profit margins of China's burgeoning wine market are beginning to dip their toe in, writes Anthony Fletcher.

British Wine Drinking to Rise 16% as Pubs Fall Out of Favor
Britons will consume 16 percent more wine by 2008 as they increasingly abandon beer drinking at their local pubs and adopt continental-style drinking with meals at home, a study showed.

Biggest ever harvest for Champagne?
The Champagne harvest this year is set to be the biggest in history as the French government gives the green light to increasing the maximum yield. The French appellations body (INAO) is debating whether or not to increase Champagne yields by 1,000kg/ha. Their decision will be made public on 4 November.

Rand blow to SA wine industry
The Western Cape wine industry is facing a major shake-up as producers battle to adapt to the strong rand. The robust rand could lead to a "rash of bankruptcies", Colin Collard, chairman of the Wine of the Month Club, has warned.

US: America's First Certified Brunello Clone Sangiovese Wine to be Produced with the 2004 Harvest
Cuneo Cellars of Carlton, Oregon, is making the first wine in America to be produced from certified Brunello Sangiovese grape stock. Brunello is one of the great wines of the world, and this Pacific Northwest version will the first-ever North American rendition of this venerable Italian classic wine.



Tue, 05 Oct 2004

Bordeaux must open its doors to visitors
The future of Bordeaux depends on opening its doors and losing its reputation for being dismissive of visitors, CIVB head Christian Delpeuch said at the Great Wine Capitals Awards last week.

US: Grape broker says glut could end by 2006
While most large California vintners have been grappling with the problem of too much inventory, the industry should be concerned with not having enough, according to a leading broker of bulk wine and grapes.

US: Mondavi Director Quits Under Pressure
Michael Mondavi, a director of wine maker Robert Mondavi Corp., has resigned from the board after his comments in the press undermined the company's efforts to overhaul its business, the company said.

Big Turkish export push
Turkish wines are set to hit the UK as importer Alaturka teams up with two major producers to concentrate on exports. In an industry not noted for cooperation, Alaturka is spearheading an export drive for wines from Turkey in partnership with Doluca and Kavaklidere, the two largest wineries in the country.

Americans win Nobel for studies of sense of smell
American researchers Dr. Richard Axel and Linda B. Buck shared the 2004 Nobel Prize in physiology or medicine on Monday for their work on the sense of smell -- showing how, for example, a person can smell a lilac in the spring and recall it in the winter. Their genetic work revealed a family of "receptor" proteins in the nose that recognize odors, and they illuminated how the odor information is transmitted to the brain.

US: Former Online Wine Dealer Indicted for Fraud
The former owner of an online and mail-order wine merchant has been indicted in federal court on 21 counts of fraud and accused of operating a Ponzi scheme that scammed more than 50 clients out of approximately $10 million.

US: Wineries spending big on ad campaigns
Some of the North Coast's largest winemakers are dramatically increasing advertising spending this year as they vie for sales in a highly competitive market, signaling what some experts said could be an overall upturn in ad spending.



Mon, 04 Oct 2004

Thieves steal award-winning Amarone
Technically advanced thieves struck top Amarone producer Masi last weekend, stealing 12,000 bottles of the cult classic Vaio Amaron 1999. As well as the Vaio Amaron, from the Serego Alighieri estate, bottles of the Masi Costasera Amarone 2000 were also stolen.

The rain in Spain...
Vintage 2004 was looking good for Rioja. Hopes were high for a large crop of healthy grapes. Then, on September 5 and 6, the rains came. Tropical and lit up by continuous spectacular lightning lasting several hours.

US: Prices are rebounding as grape glut eases off
No one's popping champagne corks yet, but the oversupply of wine grapes in California appears to be drying up. "We are seeing the market rebound, especially in the Central Valley," said Glenn Proctor, grape and wine broker for the Joseph W. Ciatti Co., an international bulk wine and grape brokerage based in San Rafael.

SA: A shake-up for the wine industry?
In a press release sent out last week, Colin Collard, Chairman of the Wine of the Month Club stated his concern about the effects of the strong rand on an already over-stretched industry.

US: Rieslings start to regain some noble ground
Riesling is showing up on more restaurant wine lists. Wine merchants report more inquiries about riesling. The comments in this column that prompted the most enthusiastic and numerous responses over the past year have been about riesling. And when I take a bottle of riesling to a gathering, it almost invariably generates the most buzz, and is the first to be emptied.

US: 360 local employees pink-slipped by Mondavi
Robert Mondavi Corporation has laid off 360 Napa Valley employees, about a third of the company's total workforce.



Sun, 03 Oct 2004

South American values
Chile and Argentina may be neighbours, but their wine industries, not to mention their economies, have little in common except for the relative bargains that can be found on both sides of the Andes.

AUS: Not a bad drop, for wine worth $50,000 a bottle
This bottle became Australia's most expensive wine at $50,200 when Adelaide businessman Lance Vater bought it in June. The identity of its buyer was revealed for the first time last night when Mr Vater took it to the Penfolds Red Wine Re-corking Clinic at Penfolds Magill Estate for a check-up.

Laurent-Perrier is a notable exception to the rules for French champagnes
Now that the 35th Ryder Cup has slipped into the record books, one of its most popular sponsors, Laurent-Perrier Champagne, is touting its own unique and convoluted past. In France, champagne is largely associated with three towns, Reims, Epernay and Ay.

American oak gets wine world's attention
With wine-producing regions on the other side of the equator gaining prominence, Schulz said, his business from wineries looking to capitalize on the low price of American oak barrels, compared to the more highly regarded French barrels, has increased.

Constellation Brands' 2Q sales top $1bn
Constellation Brands, Inc. (CBR) today announced that its net sales increased 14% for its second quarter ended August 31, topping $1 billion for the first time in any quarter since the company was founded in 1945.

US: Colorado Man Indicted In Rare Wine Scheme
An Internet wine merchant from Colorado was arrested at his home in Basalt Thursday on federal fraud charges, the Denver District Attorney's Office said.

US: Mondavi sees value in wine for the masses
You'd think wine enthusiasts and beer guzzlers are very different people. But plug them into a business model, and Robert Mondavi Corp. reckons they look quite similar.

   
   

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