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Australia, April 17th 2014
Penfolds Grange affair sparks satire

By Felicity Carter for Meininger’s Wine Business International

A forgotten bottle of Penfolds Grange is driving satirical new advertising campaigns in Australia. Both Red Bull and KFC have launched ads claiming that their own products are highly memorable, implying that Grange is not.

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India, April 16th 2014
Indian entrepreneurs get into wine
By Michael Gonsalves at mydigitalfc.com

As paradoxes go, this one clearly tops the tipple. At 15 ml per capita consumption, India is among the lowest wine consuming countries in the world. But at 25% to 30% year-on-year growth, it is also the fastest growing wine market in the world.
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Australia, April 16th 2014
Australian wine sales to China plummet
By Eli Greenblatt at the Sydney Morning Herald

Latest figures on Australia's wine export performance show a steep 12 per cent decline in sales to China, underlining the earnings impact of the central government's austerity drive and crackdown on ostentatious banquets to the local wine sector.

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France, April 16th 2014
Bordeaux estates cut 2013 prices
By Guy Collins at Bloomberg.com

More Bordeaux estates cut prices for their 2013 vintage this week as they sought to balance lower yields from the rain-hit crop with pressure from merchants for wines cheaper than those of 2012.
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United Kingdom, April 15th 2014
The wines of Alex Ferguson expected to be a hit
By Michael Roddy at Reuters.com

To take his mind off the pressure of "the beautiful game", retired Manchester United boss Alex Ferguson collected vintage wines that will be sold at auction starting in Hong Kong in May, Christie's said on Wednesday.
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France, April 15th 2014
LVMH acquires Burgundy vineyard
By Guy Collins at Bloomberg.com

LVMH, the world’s largest luxury goods company, bought the Clos des Lambrays vineyard to expand into Burgundy, adding to its holdings in Bordeaux, Champagne and the New World.
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Italy, April 14th 2014
Masters of Wine gear up for Florence event
By Martin Green at Off Licence News

A record number of Masters of Wine will gather in Florence next month for the Institute’s eight international symposium.
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USA, April 14th 2014
Metrics show US wine industry is thriving
By Andrew Adams at Wines & Vines

Wineries are selling more wine at higher prices, direct-to-consumer shipments are peaking and winery hiring is at record highs.

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USA, April 13th 2014
New York vintners hope to cork wine glut
By Aaron Elstein at Crain's

At the second New York State Wine, Beer, Spirits and Cider Summit last week, Gov. Andrew Cuomo announced he is dedicating $6 million to marketing the state's producers of wine and other fine adult beverages. Certainly it's worth raising a glass to the high quality of Finger Lakes Rieslings, but in truth these are challenging times in the wine world.
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United Kingdom, April 11th 2014
Champagne sales flatten as Prosecco soars
By Laura Chesters at The Independent

The UK champagne market has lost its fizz, according to the latest figures from the region. Rival sparkling wine Italian prosecco has been growing in popularity as people choose a cheaper alternative to champagne.
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