Napa Valley News
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Colorado construction magnate Joseph Phelps arrived in the Napa Valley in the late 1960s to build someone else’s winery. In 1973 he ended up founding his own.
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“We’re trending above Nascar and the Oscars on twitter,” crows auctioneer Fritz Hatton, as he opens the 17th Premiere Napa Valley trade barrel auction with sharp bangs of his gavel.
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California’s $20 billion wine industry needs to work harder to entice young consumers who resist conventional marketing, said William Price, a co-founder of buyout firm TPG Capital and chairman of Vincraft Group.
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Napa Valley Vintners said they have won brand protection from China, giving them the opportunity to improve marketing as export sales grow.
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Michael Trujillo, director of wine making and president of Napa Valley’s Sequoia Grove winery shrugs when I tell him his wines have been omitted by recent influential tomes on California wines.
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Buying Napa Valley wine has never been so cheap with Treasury Wine Estates Ltd. selling at less than 80 cents on the dollar.
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Lee Hi-Sang , a South Korean businessman who owns Napa Valley’s Dana Estates, didn’t take his first sip of wine until he was in his mid-30s. Since then, he’s sought to ensure other Koreans don’t wait that long.
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Lee Hi-Sang , a South Korean businessman who owns Napa Valley’s Dana Estates, didn’t take his first sip of wine until he was in his mid-30s. Since then, he’s sought to ensure other Koreans don’t wait that long.
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Napa Valley vintners who saw prices plunge in the past year raised $8.5 million at their annual charity auction as bidding returned for super-premium wine.
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As the U.S. and the European Union begin hammering out a free-trade pact, there are good reasons to expect they will fulfill a promise to finish the job by the end of 2014. Both sides seem prepared to make concessions over longstanding disputes, including the EU ban on genetically modified food or U.S. restrictions on foreign shippers.
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