(Reuters) – The Dutch drank their way to victory and independence from Spain in 1648 through the taxes they paid on beer, according to a report in the April issue of the Journal of American Association of Wine Economists.
Economists Koen Deconinck of the University of Leuven and Johann Swinnen of Stanford University wrote that taxes on beer “played a crucial role in financing the revolt … (and) were the single largest revenue source” for the outnumbered and outgunned Dutch, who were facing “the mightiest empire on earth.”
NEW YORK (Reuters) – In a bid to reverse a decade-long slide in sales, some producers of Port wine have gone pink.
They have given the sweet red or amber colored Portuguese fortified wine, which is traditionally sipped as an accompaniment to the cheese course or dessert, a makeover with a lighter rosé version that is 20 percent alcohol.
(Reuters) – Like smart investors who dispose of their stocks, the government of Aland, a string of islands off the coast of Finland, is selling 11 bottles of antique Champagne from a cache of 145 found at the bottom of the Baltic Sea.
Divers from Aland stumbled across the Champagne and beer while exploring a shipwreck in July 2010. The owner of the vessel and its destination remain unknown, but the sunken craft and its cargo now belong to the government of Aland.
March 9 (Reuters) – French wineries, like over-tired
children, are kicking and screaming but slowly making their way
onto social media, a survey released this week found.
The survey of 528 wineries in the United States and France
conducted by ABLE Social Media Marketing found that while 94
percent of U.S. vintners were on Facebook, only 53 percent of
their French counterparts were.
NEW YORK (Reuters) – Some U.S. pawnbrokers are taking liquid assets – literally.
Along with family jewels and fine art they will accept wines as collateral for loans to help ease cash shortages of businesses and people on all rungs of the economic ladder.
NEW YORK, Feb 22 (Reuters) – Some U.S. pawnbrokers are
taking liquid assets – literally.
Fine wines are among the items they will accept as
collateral for loans, along with family jewels and fine art, as
a practice common in Britain and France catches on across the
NEW YORK, Feb 7 (Reuters) – Champagne, sparkling wine
and chocolates are a favorite pairing to celebrate Valentine’s
Day, despite warnings from experts that the two do not go well
Sales of bubbly rise with the approach of Cupid’s big day on
Feb. 14, according to the research and data company Nielsen, so
romantics and even some winemakers are convinced that with the
right choices the two could be a winning combination.
NEW YORK (Reuters) – Chardonnay, the world’s most popular white wine, dates back centuries, but it owes much of its history in the United States to a winemaker who planted the grape in California 100 years ago.
Ernest Wente, of the family-owned Wente Vineyards east of San Francisco, brought cuttings from Montpelier, France in 1912 and planted them in California.
(Reuters) – Looks like E&J Gallo wines and Constellation Brands Inc, which produces Woodbridge by Robert Mondavi, will be buying more than a round this spring for lot of wine drinkers.
A California judge has tentatively approved a class-action settlement entitling many wine drinkers to a refund nearly a year after a dozen Frenchmen were convicted of selling fake Pinot Noir to the two companies, who then bottled it under various brands and sold it in the United States.
NEW YORK (Reuters) – Just as Amazon revolutionized the way books are sold and Groupon has conditioned shoppers to expect daily deals on services and foods, a cluster of websites have upended the stodgy world of wine.
At least a half-dozen online websites in the United States, a few in Britain and Australia and one or two in France promote wines, sometimes for as much as 60 percent less than retail, using social media.