Wild Earth Wines, one of the new generation of Central Otago winemakers, has taken two major pinot noir awards at the Sydney International Wine Competition 2007. The winery’s 2005 Pinot Noir has earned a Top 100 award, ranking in the top 5% of all wines entered in the competition, while the 2004 vintage secured a Blue Gold Medal, granted only to wines placed in the top ten percent of the 2,000 wines entered.
Continue reading ‘Top awards for young NZ Central Otago winery’
Archive for February, 2007
The fair will attract 200 wineries more than the previous year. Nearly all Spanish Designations of Origin will be present at the National Wine Fair FENAVIN 2007, since around 1 000 wineries and cooperatives have confirmed attendance at the coming edition, to be held in Ciudad Real from 7 to 10 May.
Continue reading ‘Over 1000 wineries showcased at FENAVIN 2007′
Diageo Chateau & Estate Wines Company has announced its sponsorship of the Elton John Aids Foundation. This commitment will provide wines for all EJAF annual fundraising events in the US and a financial donation to the organization’s global efforts to support HIV/AIDS prevention and service programs.
Continue reading ‘Diageo Chateau & Estate Wines announces official wine sponsorship of Elton John Aids Foundation®’
• Net profit after tax pre significant items up 11% to $363 million
• Net profit after tax up 90% to $554 million
• Earnings per share pre significant items up 10.4% to 18 cents per share
• Earnings per share pre significant items & SGARA increased 12.9% to 18.4 cents
• Net sales revenue up 3.5% to $2.4 billion
• Off-market share buy-back of up to $400 million
• Interim dividend up 10.3% to 10.75 cents per share
Continue reading ‘Foster’s first half earnings up 11%’
Women & Wine(R) (http://www.WomenWine.com) the lifestyle membership company that creates online and off-line experiences for lovers of wine, good food, travel and fine living, announces the launch of an award program to recognize wine retailers whose stores feature an atmosphere that appeals to both novice and experienced wine buyers.
Continue reading ‘Women & Wine® creates First ‘Trusted Source’(TM) designation to be awarded May 1, 2007′
The Virginia Wine Experience in London, LLC, recently announced the results of its qualifying round to determine which wines will represent Virginia at a historic May
2007 wine tasting in London, England. After tasting more than 88 wines from
33 Virginia wineries, the qualifying wines to be presented at the London
wine tasting represent a diverse range from sparkling wines and meritage
blends to the native Norton grape. A complete list of the Virginia wines
can be found at http://www.vawineinlondon.com.
Continue reading ‘The Virginia Wine Experience in London selects 65 Virginia wines to showcase at historic wine tasting in May 2007′
At just over half complete, the 2007 Australian winegrape harvest is expected to come in at 1.35 million tonnes, making it the smallest harvest since 2000 and a third smaller than total production in 2006, according to an assessment released today by the Australian Wine and Brandy Corporation.
Continue reading ‘Australia: 2007 grape harvest to be ‘smallest in seven years’ – but quality prospects are good’
The Winemakers’ Federation of Australia has initiated a world-first performance monitoring system for Australian cellar doors in response to industry demand for accurate and up-to-date wine tourism performance data.
Continue reading ‘Australian cellar visitors’
The Institute of Masters of Wine is delighted to announce that Mark Janes is the winner of the Trinity Scholarship. This scholarship, selected by essay, enables the winner to gain a unique perspective into the Champagne industry from the perspective of three family-owned Champagne houses: Bollinger, Pol Roger and Louis Roederer.
Continue reading ‘Institute of Masters of Wine announces the winner of the Trinity Scholarship’
Escafeld Vineyards’ 2004 San Antonio Valley Petit Verdot wine has won Double Gold and Best of Class at the prestigious 2007 San Francisco Chronicle Wine Competition–the largest competition for American wines in the world.
Continue reading ‘Escafeld wins Double Gold, Best of Class for first AVA wine’
Following a good performance from its Australian business in the first quarter ended 31 December 2006 Lion Nathan has confirmed its guidance for operating earnings (NPAT pre significant and one-time items) at $245 - $260 million for the 2007 financial year.
Continue reading ‘Lion Nathan first quarter 2007 trading’
A first-of-its-kind national survey on the popular culinary travel niche market shows that 27 million travelers, or 17% of American leisure travelers, engaged in
culinary or wine- related activities while traveling within the past three
years, based on a new report from the Travel Industry Association (TIA), in
partnership with Gourmet and the International Culinary Tourism Association
and released today at a press conference in New York City. The future is
bright for the culinary traveler market, as the share of U.S. leisure
travelers interested in culinary travel in the near future (60%) is
significantly larger than those currently engaged.
Continue reading ‘Comprehensive culinary travel survey provides insights on food and wine travelers’
Responsible pricing and marketing, as well as improved efficiencies enabled Distell to more than meet the demands of a tough market, comfortably growing revenue ahead of higher volumes. For the six months to December 31, 2006, the company succeeded in lifting revenue 16,6% to R4,3bn on a sales volume increase of 11,0%.
Continue reading ‘Distell toughs it out with top results’
4.8 million bottles of Cognac were shipped to Russia in 2006. This is an increase of 40% in the last two years.
Continue reading ‘Cognac increases exports to Russia’
YARRAMAN Winery’s plans to “merge” with Australia’s sixth largest wine maker, Evans & Tate, appear to be in disarray, after the tiny Hunter Valley winery declined a request to open its books.
Continue reading ‘Yarraman misses deadline for proving it can finance bid’
Senator Linda Scheid (D - Brooklyn Park) and Representative Phyllis Kahn (D -
Minneapolis) introduced the Wine With Dinner bill at the Capitol today. The
bill would allow consumers to buy wine at full-line grocery stores in
Minnesota.
Continue reading ‘Legislators introduce bill to allow wine sales in Minnesota grocery Stores’
Paul Walsh, Chief Executive of Diageo, commenting on the six months ended 31 December 2006 said:
“Diageo has made a strong start to the year. Excellent performances in North America and International and unchanged profits in Europe delivered double digit underlying earnings growth. Our spirits brands, especially Scotch where net sales grew 11%, did particularly well, benefiting from increased investment in marketing. As a result of this strong start we are increasing our guidance for organic operating profit growth to 8% for the full year. We still expect to return a total of £1.4 billion to shareholders through share buybacks this year and to continue our progressive dividend policy.
Jannie Mouton, chairperson of the PSG Group, joins KWV Ltd’s Board of Directors on 31 January 2007. PSG currently holds 14% of KWV’s issued shares through its agribusiness investment company, Zeder. Mouton is also the chairperson of Zeder, which listed on the JSE in December 2006.
Continue reading ‘PSG director for KWV’
UST Inc. (NYSE: UST), has entered into a definitive agreement to sell its corporate headquarters located in Greenwich, Conn. for $130 million to Antares Investment Partners, LLC. The transaction is expected to close in approximately one month.
Continue reading ‘UST has announced an agreement to sell its Greenwich, Conn. headquarters’
Cautious, carefully-managed reform is needed to restore the vitality of the EU wine sector, says a report adopted by the European Parliament with 484 votes in favour to 129 against and 24 abstentions. It recommends retaining distillation measures for now, empowering Member States to restrict grubbing-up of vines, and liberalising planting rights only gradually. It also advocates strict labelling rules and maintaining current regulations on acceptable winemaking practices.
Continue reading ‘Cautious approach to reforming the wine sector, say MEPs’
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