Search Results for 'Australian'

Strong sale in China helps Australian winery

Winemakers are facing a perfect storm of adversity, writes Eli Greenblat. The nation's biggest and best-known family-owned wine companies have posted flat revenue and shrinking earnings for the past financial year, as the sector faces [...]

Posted On : Nov, 29 2011 | Comments : 0

Australian winemakers tempt Chinese palates to secure future

Australian winemakers are setting up replica cellar doors in China and running wine clubs and tastings as they intensify efforts to win Chinese buyers in a bid to offset shrinking demand in their traditional British and U.S. markets. T [...]

Posted On : Oct, 13 2011 | Comments : 0

Australian wine seeks new markets amid falling sales

New figures show sales of Australian wine have fallen sharply as the industry faces its worst slowdown in a decade and a half. Growers here talk of the "perfect storm" whipped up by a strong currency, oversupply and cautious con [...]

Posted On : Sep, 19 2011 | Comments : 0

Fine wine with Australian wine index

The Australian wine index tells that what exactly is a fine wine - it is a nebulous area to provide a definitive assessment on the quality of wine due to varied personal preference. However, a fine wine must meet certain base objective re [...]

Posted On : Jul, 30 2011 | Comments : 0

Australian wine industry rallies behind flood victims

Flood ravaged vineyards, some of which have lost their entire crops, have joined the Australian wine industry in an unprecedented show of generosity by the industry for victims of the floods.Three hundred vineyards and wineries have dona [...]

Posted On : Feb, 02 2011 | Comments : 0

Top winemaker selling Australian, British unit

Constellation Brands Inc. said Thursday it is selling 80 percent of its Australian and British wine business to an Australian private equity firm for about $230 million, losing its distinction as the world's biggest wine company. [...]

Posted On : Dec, 25 2010 | Comments : 0

Australian Winemakers Get A Kick From Champagne

Australian Winemakers Get A Kick From Champagne: A trade agreement between Australia and the European Union comes into force today, which requires wine producers to phase out the use of names such as Champagne and Port. The agreemen [...]

Posted On : Sep, 01 2010 | Comments : 0

Australian wine woes - hangover for Constellation

One of the world's biggest winemakers, has booked $US100 million ($A107 million) in impairments against its embattled Australian wine business and warned of flat growth in the United States this year as high unemployment saps sales a [...]

Posted On : Apr, 12 2010 | Comments : 0

Australian wine awarded top drop

Wine producer, Australian Vintage Ltd has won top spot in the world's biggest wine competition, the 2009 Decanter World Wine Awards in London. Against 10,285 wines from 2,240 producers, Australian Vintage’s Nepenthe Ithaca Chardonnay [...]

Posted On : Sep, 07 2009 | Comments : 0

Australian Vintage wine sales 'beat expectations'

AVG also said today it was on track to meet market expectations when it reports its annual results on August 26. "In one of the Australian wine industry's toughest years, a focus on export and driving branded wine is delivering nine pe [...]

Posted On : Aug, 13 2009 | Comments : 0

Australian fine wines soar in value

Australia's ultra-fine wines increased in value by 64% during the past two years, defying the slump in the international fine wine market. The increase contrasts with an estimated drop of 20% since July 2007 in the Bordeaux-dominated intern [...]

Posted On : Jul, 25 2009 | Comments : 0

A Grim Morning After for Australian Wines

Just a few years ago, Australia was being hailed as the great international success story of the wine business, challenging the dominance of France, Italy and Spain. From 1999 to 2007, foreign sales grew more than threefold, making Austra [...]

Posted On : Jun, 23 2009 | Comments : 0

Asian demand grows for Australian wine

Asia had a thirst for Australian wine in 2008, with an industry report on Thursday naming China, Hong Kong and Japan among its top-five growth markets in an otherwise dismal year.Low-yield harvests and a strong Australian dollar placed enor [...]

Posted On : Jan, 09 2009 | Comments : 0

Australian Vintage 08 wine crush up

Winemaker Australian Vintage Ltd (formerly McGuigan Simeon) said Thursday that its wine crush for the 2008 vintage was 183,000 tonnes - 15 per cent above last year. Chief executive Dane Hudson said the crush was in line with the company's [...]