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New Yealands team boosts wine sales (NZ)

Yealands Estate Wines has appointed a team of 15 sales people who will be responsible for driving the Yealands brand portfolio throughout New Zealand. Wine company owner Peter Yealands said in the past the company had contracted out its sales work, but had decided this year to appoint its own national sales team to continue to grow brand presence in New Zealand, reports The Marlborough Express.

Credit squeeze for growers (NZ)

Blenheim accountant Greg King expects banks to be more aggressive with grapegrower clients with the 2011 harvest over, reports The Marlborough Express. Banks had put some at-risk vineyards and wineries under credit management and their position was not likely to improve after a second tough season of low prices and harvesting constraints, the Winstanley Kerridge chartered accountant director said.

North Coast wine prices on rebound (US)

The deep discounting in wine prices that characterized the last couple years may be coming to an end, Press Democrat reports. Don’t expect bottle prices to shoot back up, but don’t expect to find your favorite Russian River Pinot Noir marked 50 percent off for much longer, according to a new forecast issued Wednesday by an influential Wine Country lender.

Decanter magazine to list alcohol level as standard (US)

Decanter will state alcohol levels on all recommended wines listed in the magazine from the current (May) issue onwards. The decision has been taken largely in response to requests from readers, editor Guy Woodward said.

Bordeaux: First taste of a vintage future (France)

Bordeaux was first a port for seafarers, then something you drank; now the best is an investment commodity, sold “en primeur” – still lying in barrels before being bottled – the rise in its value monitored not just by wine lovers but also by fund managers and investors from London to Hong Kong, writes Victoria Moore in The Telegraph.

How to pack wine safely in your luggage

With the Southern Hemisphere 2011 vintage drawing to a close at vineyards across Australia, New Zealand, South Africa, Chile and Argentina, it’s about time Australian Business Traveller brought you some tips on carrying wine around the world.

Beringer spin-off heard on grapevine

As Foster’s Group shareholders prepare for this morning’s Melbourne meeting to approve a cure for a hangover that has lasted the better part of 15 years, already the focus is starting to shift to the next deal, reports The Australian.

Wineries urged to act

Wineries should pay profitable prices for profitable grapes and reject the rest. That’s the opinion of Wine Grape Growers Australia executive director Lawrie Stanford. Mr Stanford believes low prices paid by retailers and winemakers are undermining the industry’s profitability and reputation, reports Weekly Times Now.

Feedback wanted on bid to lower wine-alcohol limit

Food Standards Australia New Zealand (FSANZ) is calling for comments on the costs and benefits of a proposal to reduce the minimum alcohol content in Australian produced wine. The Winemakers’ Federation of Australia applied on behalf of the industry last year to reduce the allowed minimum alcohol content in Australian produced wine from eight per cent to 4.5 per cent alcohol/volume.

English wine on the table for Kate and Will’s big day (UK)

Wine made in English vineyards and costing as little as £8.50 a bottle will be served to guests at the royal wedding, the Mail has learned. Chapel Down white wine, made in Tenterden, Kent, is expected to be served at Buckingham Palace during one of the private receptions following Prince William and Kate Middleton’s ceremony on Friday.

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