Richard Woodard

New Zealand

Exports of New Zealand wine hit record revenue levels over the past year, but volumes were down thanks to the small 2012 grape harvest, according to a new report.

Grange from the 50s and 60s

Nearly 100 bottles of Penfolds Grange could raise A$100,000 or more in an online auction of one of the famous wine's largest private collections.

Penfolds

Profits at Australia's Treasury Wine Estates (TWE) more than halved in the past year, due in part to the company's decision to destroy large amounts of wine in the US.

Australia Hunter Valley Tyrrell's Wines vineyards, Australia, hunter valley, tyrrells, australia vineyard

Australia's 2013 wine harvest was the biggest in five years, rising more than 10% on 2012 to hit an estimated 1.83m tonnes, according to the Winemakers' Federation of Australia (WFA).

Bordeaux vineyard

France is currently on course for a normal-sized grape harvest in 2013, but continued poor weather could yet jeopardise this year's crop, according to the country's agriculture ministry.

English sparkling wine, Chapel Down

English winery Chapel Down is to invest more than £4m in a 'significant' vine planting programme and to expand the company's fast-growing beer business.

krohn

The Fladgate Partnership, the owner of Taylor's Port, has continued the trend of consolidation in the industry by buying tawny specialist Wiese & Krohn.

alcohol price, wine, supermarket,

Tax hikes are to blame for continued declines in UK wine and spirits sales, the industry body the Wine & Spirit Trade Association has said.