The court petition by New Vine Inc. listed $7.03 million in debt and no assets. The company had $19.8 million in revenue last year and $6.27 million in the first half of this year, according to court documents..

Reputation of AVA and consistency of brand are both factors

First Quench, which also owns convenience store chain The Local and the off licence chain Haddows in Scotland, has been struggling due to competition from supermarkets and the impact of the financial crisis.

"This story was so sad and sordid, it was best to settle it quietly," said Julia Flynn Siler, author of "The House of Mondavi," a 2007 book detailing a similarly vicious family battle in the Mondavi wine dynasty.

Man of the Year: Ted Baseler, Ste. Michelle Wine Estates

From wine critics to wine makers, one of the most popular words used to describe a wine's taste the past few years has been "minerality."

"Natural wine" is the trendiest term to be punted about by people seeking something nongeneric. It's also the vaguest, and that's a mixed blessing.

emarket, the 'total solutions' online trading exchange launched in September 2009, is leading the way in FMCG trading. Now they are set to revolutionise a notoriously fragmented market - the international wine trade.

several recent applications made it clear that the existing zoning ordinance "doesn't really have uses and definitions that reflect how people currently view tasting rooms and wine shops."

Although revenues have increased from last year's levels, margins are down in 2009 due to decreased demand for certain bulk wine varieties and a resulting decline in the sales price for those varieties.

This week's column is about second-label cabernet sauvignons as we encountered several value wines at low prices.

Winemakers, chefs and fans gather in New York to celebrate outstanding wines and offer hope that better times are just around the corner

Arnopole, whose Peju business card reads "yodel meister," is a one-man vaudeville revival, combining guitar-playing, ethnic accents, lame jokes, song parodies and wicked rapping to sell prodigious amounts of wine.

CellarTracker under the direction of founder Eric LeVine provides collectors and wine enthusiasts free access to web-based wine cellar inventory management software.

we admired the new $250,000 machine that selects the best grapes for crushing and took turns raking cabernet skins from stainless tanks (harder than I thought).

A panel formed to study the state's alcohol control laws kicked off its work Wednesday, but members indicated they will be in no hurry to make changes - not even on the popular issue of permitting wine sales in grocery stores.

The agreement, namely an Arrangement for Co-operation on Wine-related business, was signed by Hong Kong's Secretary for Commerce and Economic Development Rita Lau and New Zealand Trade Minister and Associate Foreign Affairs Minister Tim Groser who is visiting Hong Kong.

Legislators unveiled a $9.4 billion water bond Wednesday, but critics said there is not enough money for the Delta - the "bull's-eye" of the state's future water policy - and warned that California's cumbersome debt will make another bond hard to swallow for voters.

Trim the tree? Deck the halls? Trim the budget is more like it this holiday season, according to the new Consumer Reports Holiday Shopping Poll.

Just a few days after Amazon confirmed it is pulling out of the wine space, New Vine Inc has filed bankruptcy under IBG's structure of controlling the secured debt, according to a Dunn and Bradstreet advisory.