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| February 22nd 2012 |
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International auctions heat up |
By Guy Collins and Scott Reyburn at Bloomberg.com
The most expensive Pomerol producers Chateau Petrus and Le Pin are competing with Bordeaux first- growth Chateau Lafite-Rothschild, Saint-Emilion estate Chateau Ausone and top Burgundies at sales worth as much as $11m. |
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| USA, February 19th 2012 |
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Mendocino Wine Co details new leadership structure |
From The Press Democrat
The Mendocino Wine Company outlined its new leadership structure Friday following the departure of co-owner Paul Dolan.The Paul Dolan Vineyards brand, its distributor relationships and virtually all of the fruit will remain unchanged, Thornhill wrote. |
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| China, February 17th 2012 |
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The people you need to know in China |
By Jim Boyce in China
The formula for the typical ‘Wine in China’ story is no secret. Take an anecdote about businessmen mixing Chateau Lafite with Coke. Offset it with a tale of a young professional who is “passionate” about wine and taking a beginner’s class. Throw in some customs statistics to show the market’s growth, add a few quotes from foreigners who work for wine distributors, and end with “time will tell”. |
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| USA, February 17th 2012 |
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How fake wines are spotted |
By Will Lyons at The Wall Street Journal
I can understand keeping a bottle as a trophy from a particularly special vintage or grower, but I have no inclination to start a collection of empties. So why would somebody want to buy an empty bottle, in some cases for hundreds of pounds? |
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| USA, February 17th 2012 |
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Drew Barrymore makes foray into wine |
By Alison Cavatore at hauteliving.com
Actress, producer and director Drew Barrymore has taken a small step outside of Hollywood and entered the wine business, and she is now offering her first wine: a Pinot Grigio from Italy. |
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| France, February 17th 2012 |
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Building a business with relationships |
By Felicity Carter at Meininger's Wine Business International
The story is a familiar one: British millionaire buys château in France, hoping to spend his twilight years enjoying the vineyards. Millionaire then swiftly discovers the château is a money pit, and the wines are impossible to sell. |
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| France, February 16th 2012 |
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Moet-Hennessy to produce red wine in China |
From AFP Relax
Champagne maker Moët-Hennessy has invested in a vineyard in the mountains of China that will produce red wine for the domestic Chinese market. |
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| USA, February 16th 2012 |
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US wine exports reach new heights |
From marketwatch.com
US wine exports, 90% from California, reached a new record of $1.39bn in winery revenues in 2011, an increase of 21.7% compared to 2010. Volume shipments were up 5.8% to 455.7m liters or 50.6m nine-liter cases. |
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| South Africa, February 15th 2012 |
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Distell says consumers are trading down |
By Robert Brand at Bloomberg.com
Distell Group, South Africa’s biggest wine and spirit producer, said the South African market is “challenging” because of competition from lower-cost drinks such as beer. |
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| EU, February 15th 2012 |
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EU and US trade deal to boost organic sales |
By Charlie Dunmore at Reuters.com
A deal announced on Wednesday to allow organically produced goods certified in Europe or the United States to be sold as organic in both regions is expected to boost transatlantic trade in the growth food and wine sector, officials said. |
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