Napa Valley Girl Makes Splash in French Wine Marketing

Industry pushes President Sarkozy for carbon emission cut

(NEWSER) - A warming world has French winemakers sweating more than a little, experts tell the Financial Times. “Current research suggests that by the end of the 21st century, one summer out of two will be at least as hot as 2003,” the year of a record-breaking heat wave that prompted early harvest and lackluster vintages, notes one scientist. Industry experts are worried enough that they penned a letter asking Nicolas Sarkozy to get behind a steep carbon emissions cut at a meeting in December. More»

Futures sales in trouble after years of spiraling prices

(NEWSER) - The most serious wine collectors buy their bottles "en primeur"—paying vineyards for futures of wines that haven't been produced yet. Futures prices for wine had spiraled higher and higher in recent years, even for inferior vintages, as a new class of big spenders moved into the market. But many buyers are staying away from this week's tastings of the 2008 vintages in Bordeaux, writes the New York Times, as a protest at unreasonably high prices. More»

(NEWSER) - Today is the third Thursday of November, which makes it a holiday of sorts for wine merchants: Beaujolais Day. It's the first day of the year (as dictated by French law) that the first wine of the season—Beaujolais Nouveau, made from Gamay grapes—can be sold worldwide. Wine purists generally dismiss the stuff, but wise marketing has boosted sales. This year, however, doesn't look to be a strong one, reports the Wall Street Journal. More»

Rich execs ditch fast-paced careers, look to winemaking

(NEWSER) - A new breed of winemakers is flowing into Napa Valley, writes Jeffrey O'Brien in a colorful look at the trend in Fortune. Investment bankers, tech entrepreneurs, and other wealthy refugees of the white-collar rat race are buying up vineyards at $400,000 per acre to pursue second careers that let them have a business—and a life. These "oentrepreneurs" aren’t just looking to make a buck; they’d rather generate buzz with sought-after, high-end cult wines. More»

Firms has partnered with nonprofit association of vintners

(NEWSER) - Online shopping got a little more intoxicating today as Amazon announced it will start selling wine in the US starting in October, Reuters reports. The retailer —looking for a chunk of the $30 billion-plus US wine market —has partnered with Napa Valley Vintners, which will supply vino from the 315 wineries it represents. Only 7% of wine sales are currently made online. More»