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WINE INDUSTRY CHALLENGES
California’s oldest family-owned winery files for bankruptcy after more than 160 years. Why exactly this winery went out of business?Gundlach Bundschu Winery, a landmark in California's rich vinicultural history, has initiated Chapter 11 bankruptcy proceedings due to moun...- In 1858, Gundlach Bundschu began a California wine legacy. 168 years later, pandemic fallout, heavy debt and a changing market have pushed the historic winery into bankruptcyGundlach Bundschu Winery, founded in California in 1858, has filed for Chapter 11 bankruptcy protection. The winery seeks to restructure ov...
- Putin envoy warns of Russian economy going 'berserk' on war footingIn a bleak warning, President Putin's envoy cautions that the Russian economy could spiral out of control. Concentrating solely on military...
- In France's north, winegrowers bet on a warmer futureThis year, successive heatwaves, wildfires and drought, disrupted life for France's winegrowers, leading to historically early harvests, lo...
- Storm in a wine glass: As climate change and young consumers reshape the wine world, can India take advantage?Global wine regions face climate challenges and declining demand. India's wine tourism is experiencing significant growth and expansion. Yo...
- Tariffs first, electricity and critical minerals next: Canada may hit the US without hurting itselfCanada is preparing targeted retaliatory tariffs after trade talks with the United States collapsed and President Donald Trump threatened 5...
- What to know about Trump’s 50% tariffs on Canadian goodsUnited States President Donald Trump imposed fifty percent tariffs on Canadian imports. Canada's Prime Minister Mark Carney promised matchi...
- AlcoBev makers challenge FSSAI directive over flavoring, labelling norms in High CourtsIn a significant move, United Spirits and Associated Alcohol & Breweries are contesting a directive from the food regulator regarding flavo...
- Scotch at a discount post UK FTA is only half the story for India's whisky marketIndia's import duties on Scotch whisky and gin have been halved by a new trade agreement. This change is expected to gradually lower prices...
- Phrase of the day by Emily Bronte, 'I have dreamed in my life, dreams that have stayed with me ever after, and changed my ideas; they have gone through and through me, like wine through water, and altered the color of my mind' offers psychology behind power of dreams, teaches inspiring life lesson on creative thinking, personal growthQuote of the day by Emily Brontë reminds us that the most influential dreams are those that permanently transform the way we think. They br...
- US tariff tussles stuff of nightmares for Bordeaux winemakersFrench wine producers face uncertainty over US tariffs. Bordeaux vineyards worry about potential impact on sales. The United States is a ma...
- NRI newsmakers: Meet Zoya Vora-Shah, an Indian entrepreneur shining in Arizona’s viticultureI have been lucky to immigrate to the country via family reunification. Our family waited for nine years in India so that we can have a leg...
- Climate change advances wine grape harvest by two weeksSamant added that the industry as well as wine growers are bearing the brunt of climate change and having to rapidly adapt their practices ...
- Reliance Capital buys stake in Grover VineyardsThe financial services company will join Singapore-based wine investor Ravi Viswanathan as a key stakeholder in the combined entity, Grover...
- Corn king to uncork success in selling wineThe man who popularised sweet corn plans to promote wine with Indian food.
- 'Protected' state wine industry still on shaky groundAll's not well with the state's wine industry. The wine parks at both Nashik and Sangli are ailing, with the 170-acre Nashik park in much w...
- Wine duty cut puts global traders on road to Hong KongIndustry projects annual growth in the continent of between 10 and 20% over next five years, compared with 1% growth worldwide. High-end wh...
- Indian wines to challenge supremacy of top global producersIndia has the potential to embrace wine in a big way and the economic muscle to dictate to producers what style of wine they should be maki...
- Wineries face challenge of wooing customersThe Indian wine industry, which is growing at 22 per cent per year, faces an uphill task of luring customers to make it a commercially viab...
- PC may make imported wine dearer by increasing duties to WTO levelsPrices of foreign wines may actually go up even as the government plans to do away with additional import duties on wines and spirits that ...
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