Articles tagged with news
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Bankers Pursue Passion with Wine Investment Firm
Two full-time bankers and part-time wine collectors hope to raise up to $50 million for their wine investment firm, according to Bloomberg. The Wine Trust,...
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High-priced Wines Lead Increased Q1 Sales
April 6, 2012 — In times of financial hardship such as these, one might think that consumers are not willing to spend extra dollars on high-end wines. This...
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Vine Shortage Strikes California
The grape shortage in California predicted not too long ago may get worse before it gets any better. With excess grapes gone, California wineries are...
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More Funds Allotted to Former Mafia Vineyards
March 30, 2012 — Italian law enforcement doesn’t have to go far to toast the capture of mafia members, they can do so right on the mobsters’...
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Midwest Grape Growers Fear Late Spring Frost
California is already facing a grape shortage and now weather in the Midwest is causing some growers to break into a sweat over a potential winter freeze...
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Lack of Rain Threatens California's Grape Reserves
March 21, 2012 — To compound their problems with grape shortages, California winemakers must now be wary of low rain potentially decreasing their grape...
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Italy Claims 22 Percent of Global Wine Market
March 20, 2012 — After surpassing France as the world’s biggest wine producer in 2010, Italy now holds 22 percent of the global wine market, according to...
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Wine Collector Rudy Kurniawan Arrested by FBI on Fraud Charges
March 9, 2012 — Wine dealer Rudy Kurniawan was arrested at his home in California Thursday morning on five charges of wire and mail fraud, according to...
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Penfolds' Peter Gago Named Winemaker of the Year
March 7, 2012 — The Institute of Masters of Wine awarded South Australian winemaker Peter Gago with the Winemaker’s Winemaker of the Year award,...
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Wine Experts' Palates 'More Sensitive than Others', Study Finds
March 6, 2012 — A new study found that wine experts might be more sensitive to taste than average wine consumers, according to Penn State Live. According...
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