The Pennsylvania Liquor Control Board (PLCB) last month released unaudited financial results for fiscal year 2016-17 that showed record retail sales of $2.53 billion. That number represents $95.5 million in additional revenue, a 4 percent increase over the prior year...

NPR launched a new product in order to help fund public radio – wine. NPR announced its new membership package, the NPR Wine Club, which rewards subscribers with quarterly deliveries of twelve premium wine. The inaugural varietals include an “All Grapes Considered”...

The grape and wine business has seen steady growth in the state of North Carolina with a recent study showing a 15 percent increase in the industry over the last 2 years. The wine business now has a total economic impact on the state of $1.97 billion. The most...

A company called Caravin has released a new accessory that claims to keep wine fresh for up to three months once the original seal has been broken. The screw can design had been made available to Coravin Club members first but was just released to the general public...

A company called Caravin has released a new accessory that claims to keep wine fresh for up to three months once the original seal has been broken. The screw can design had been made available to Coravin Club members first but was just released to the general public...

Vietnam’s prime minister has approved a plan to sell a majority stake in brewer Sabeco, which would move the state-controlled brewer one step closer to a long-awaited sale to private ownership. Vietnam has one of the world’s most attractive and lucrative beer markets...

The wine industry has seen a dramatic growth in Ohio in recent years. Ohio had just 175 wineries in 2012, last year that number has grown to 265, according to a report from the Ohio Grape Industries Committee. Ohio is now the sixth largest winemaking state in the...

Nicknamed the ‘Nectar of the Gods’, mead is the oldest fermented drink in history and was enjoyed by most all ancient cultures throughout Africa, Europe and the Middle East. It is crafted with fermented honey and yeast and can be enjoyed with an infusion of fruit,...

Interestingly enough, wine has been the best-performing asset over the past 12 months among luxury assets, according to the Knight Frank Luxury Investment Index. Wine showed an average 25 percent gain in value over the past year, far surpassing the return on more...