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Tag: China

Afternoon Brief, February 14

Afternoon Brief, February 14

Treasury Wine Sees Revenue Jump 13% in First Half: Treasury Wine Estates (TWE) has revealed a strong set of numbers for its fiscal first half ended in December. Overall, the company posted a 13% revenue rise at constant currency to A$1.5 billion ($1.1b), while EBITS leapt 18% to A$338 million ($240m) …

By February 14, 2019 0 Comments Read More →
Afternoon Brief, February 8

Afternoon Brief, February 8

Mt. Difficulty Sold to Foley Family Wines for $52M: A statement from the OIO last week said the purchase included about 70ha of freehold land and about 110ha of leasehold land at the Bannockburn vineyard. Mt. Difficulty is a medium-sized vineyard known for its Mt. Difficulty and Roaring Meg labels, and particularly its Pinot Noir and Riesling, produced by winemaker Matt Dicey…

By February 8, 2019 0 Comments Read More →
Afternoon Brief, February 4

Afternoon Brief, February 4

Should You Ignore What Your Customers Want? The Great Winemakers Do: Among French wines, Château Pétrus is legendary. Consumers pay over $1,000 for a single bottle. Talking with Christian Moueix, the owner and long-time winemaker of Pétrus, Kellogg’s Gregory Carpenter asked an innocent question: When crafting a wine, how do you think about the consumer?

By February 4, 2019 0 Comments Read More →
Afternoon Brief, January 28

Afternoon Brief, January 28

Winegrowers Instructed on ‘Future-Proofing’ Napa Wine in the Digital Age: Is Napas wine industry ready for the future? Paul Mabray thinks not. Mabray, CEO of market research company Emetry.io, offered this take at a Napa Valley Grapegrowers symposium Wednesday, ..

By January 28, 2019 0 Comments Read More →
Afternoon Brief, January 23

Afternoon Brief, January 23

DTC Channel Is Reaching Maturity for Wine: Larry Cormier, General Manager, ShipCompliance by Sovos, presented the topline results from their annual Direct to Consumer Wine Shipping Report based on the 8 million transactions a year filtered through ShipCompliant by Sovos at the DTC Wine Symposium Wednesday…

By January 23, 2019 0 Comments Read More →
Afternoon Brief, January 21

Afternoon Brief, January 21

US Government Shutdown Hits Wine Hard: The longest partial government shutdown in US history is a buzz-kill. And not just for the hundreds of thousands of federal workers who are missing their paychecks, but for the wine industry, which depends on a network of government entities to approve labels, imports and perform lab analysis…

By January 21, 2019 0 Comments Read More →
Afternoon Brief, January 16

Afternoon Brief, January 16

Millennials Still Missing as Fine-Wine Core Consumers, Says Silicon Valley Bank Report: Sales growth for U.S. wine is expected to remain in positive territory this year – better, for premium producers – but the industry needs to revamp its appeal to the next generations of core consumers else lose share of wallet to competing beverages and imported wines, according to a closely watched industry report released Wednesday evening…

By January 16, 2019 0 Comments Read More →
Afternoon Brief, January 3

Afternoon Brief, January 3

2019 U.S. Alcohol Consumption to Increase While Population Growth Stagnates: In an abstract titled, Alcohol Consumption in the United States: Past, Present, and Future Trends published in the Journal of Wine Economics Volume 13, Number 2, James Fogerty and Derby Voon examined …

By January 3, 2019 0 Comments Read More →
Afternoon Brief, December 21

Afternoon Brief, December 21

Indicators of a Buoyant 2019: Judging by the reports Im hearing, 2018 has been a good one for many. Nowhere is that more evident than in the corporate and company Christmas gifts that are appearing on the desks of many in the trade …

By December 21, 2018 0 Comments Read More →
Afternoon Brief, December 19

Afternoon Brief, December 19

3-Tier Wine Symposium Announced: The Wine Industry Network (WIN) today announced the launch of the 3-Tier Wine Symposium, a one-day intensive educational conference focused on how to best navigate the evolving and complicated world of distributor relations along with how to capitalize on the opportunities that still exist in the wholesale channel …

By December 19, 2018 0 Comments Read More →
Afternoon Brief, December 13

Afternoon Brief, December 13

Opus One Sues Supplier Alleging Barrels Were Contaminated with TCA: A Napa Valley winery has filed a lawsuit for more than $470,000 over the sale of barrels allegedly contaminated with 2,4,6-trichloroanisole (TCA), according to court records…

By December 13, 2018 0 Comments Read More →
Afternoon Brief, December 10

Afternoon Brief, December 10

A 31% Increase in Number of California Wineries Makes Financial Success That Much Harder: The global investment firm Rabobank November 2018 Wine Quarterly included a few important takeaways from the Wine Industry Financial Symposium held this autumn in Napa, California. In its introduction to the report, the bank got my attention with this about California: “Wineries of all sizes need to find new owners.”

By December 10, 2018 0 Comments Read More →
Afternoon Brief, December 3

Afternoon Brief, December 3

Again this year the North Coast Wine Industry Expo (WIN Expo) will be the second largest wine industry trade show in North America with 300 premium wine industry suppliers at the Sonoma County Fairgrounds on Thursday Dec. 6. The broad array of exhibitors will showcase everything vineyards and wineries need and some new things you didnt even know where possible …

By December 3, 2018 0 Comments Read More →
Afternoon Brief, November 29

Afternoon Brief, November 29

Is Copper Safe for Wine? : It’s a top tool of organic grapegrowers. But is copper sulfate truly safe for vineyards…

By November 29, 2018 0 Comments Read More →
Matarromera Prestigio Recognized as the Best Red Wine (Old World) in China

Matarromera Prestigio Recognized as the Best Red Wine (Old World) in China

A Spanish wine, specifically Matarromera Prestigio produced in Ribera del Duero, has been prized with The Best Old World Red Wine by the prestigious international QWINE competition. These awards were organized within the framework of the QWINE Expo Fair that was held in the city of Qingtian in Zhejiang province of China, from November 17th […]

By November 28, 2018 0 Comments Read More →