Oregon's commercial wine industry far outpaced the rest of the country in sales growth last year, setting several records in the process. For the first time in its nearly 50-year history, the $2.7 billion industry exceeded the two million case mark, according to the...

Hot topics in the North Coast wine business in 2012 were rapid grape and bulk-wine inflation as bottle sales outstrip anticipated supply, an unexpectedly big, “perfect” harvest and a string of mergers and acquisitions. Dominating 2013 likely will be moderating supply...

Despite losing as much as 40 percent of their grapes for the 2012 harvest, the vintners and merchants of Burgundy are smiling. In Burgundy, whose wines compose only about 3 percent of France’s total production, the wineries sell just about every drop they make, even...

Diageo Plc (DGE), the world’s largest distiller, abandoned talks to acquire Cuervo tequila and will seek to end its 26-year-old agreement to distribute the brand, fueling speculation that it may try to find a substitute. Discussions with Cuervo owners JB y Compania SA...

Central Oslo-based government wine shop Vinmonopolet branches sell around 300,000 litres of alcohol during the year, with 40,000 sold in December. “We see an increase in sales of aquavit in particular in December. But there are considerable sales of sparkling wine in...

Diageo is parting ways with Jose Cuervo, but Diageo North America president Larry Schwartz says his company will look to regain leadership of the Tequila category—either by creating its own brand or acquiring another one. “We’re number-one in 10 categories in North...

For many wine lovers, the news that Robert M. Parker Jr. is planning to sell a portion of his influential newsletter, The Wine Advocate, to a group of Asian investors and step down as editor in chief does not so much signal an end of an era as acknowledges changes...

GENEVA, N.Y. (AP) - New York's wine industry is celebrating a good year, with an early harvest, superb quality, and numerous medals. The New York Wine and Grape Foundation says 17 new licenses were issued in 2012, bringing the number of wineries to 328 with nine more...

The Wine Advocate will also increase coverage of wines produced in Asia, and - according to some sources - will take advertising for the first time. The wine world has been awash with rumour for some months about Parker’s plans for his 35-year-old journal, as reported...