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News posted on Wednesday, 5 April 2017

Wine consumption: Europe falls while Asia surges
China will become a main driver for the global wine market as consumption grows in the next few years, according to a study conducted by Vinexpo with IWSR for the global wine and spirits market overview from 2016 to 2020. Meanwhile, Europe will continue to slide in terms of wine consumption by volume though it still remains the largest wine consumer, accounting for about 60%, despite a projected contraction of 33.9 million cases by 2020.

Accolade Wines CEO Michael East retires
Accolade Wines CEO Michael East has retired following a decision to withdraw the company from an initial public offering process. East said: “I had always intended to retire at the beginning of 2019 and I believe it is the right thing to do so now in view of the longer time scale for an eventual IPO.”

High-end wineries: Faster growth, higher profits
Large wine companies are growing almost twice as much as small ones; above all, they're three times as profitable. In an ultra-competitive Italian market, Pambianco Strategie di Impresa concludes it's necessary to aim for the high-end market segment to create value, but this requires extremely high quality, targeted communication, international distribution and financial resources.

Is your wine worth it?
When it comes to pricing, quality and customer expectation both matter, finds a study co-authored at Cambridge Judge Business School that focuses on wine. As any successful business knows, setting your prices right is essential. But what are the factors that determine what the right level is?

Frost management strategies for vineyards
The rarity of early season frosts is among the many natural assets of California that lend themselves to winegrape growing. Still, when frosts occur the results can be economically devastating. Fortunately, temperatures during many frost events are slightly below freezing and short in duration. In these circumstances, we can take actions in the vineyard to minimize or avoid frost damage.

Willunga High School releases its 2015 shiraz
Yesterday the school launched its 2015 shiraz The Whitington, named in honour of former agriculture teacher Mark Whitington. It is the first wine that students have made since the school’s viticultural program expanded in 2015 with the help of local businesses. The students have made 840 bottles of the 2015 shiraz and sold about 60 in the past few weeks, with all profits going back to the agricultural program.

World's finest somms toast to Victoria's success
Victoria’s reputation as an international wine destination continues to grow after 50 of the world’s best sommeliers praised the industry's progress. Minister for Agriculture Jaala Pulford said opening up new export markets through promotions such as hosting 50 of the world’s best sommeliers was boosting the visibility of the state’s wine industry.

Boutique Aussie wineries explore European market
Six small Australian wine companies are banding together to showcase their offerings at one of the world’s biggest wine industry events next week. More than 150,000 people are expected at Vinitaly – Europe’s largest wine event, held in Verona. “In Continental Europe there’s not a great understanding of Australia so you have to be there and pour the wine,' says Ray Gatt owner at Gatt Wines.

Vinsites seeking interest from vineyard owners
Wine Australia’s pilot program VinSites is seeking expressions of interest for vineyard owners wanting to consolidate data through their spatial imaging mapping system. The program was piloted last year in Western Australia and the Riverland in South Australia, and maps data on crop yield, variety, production and performance. It uses spatial imaging technology to detect and catalogue the land and different varieties produced on it.

Gamay's complexities fruity on one's palate
Beaujolais: produced from the red grape Gamay is beloved for its bright, juicy, quaffable nature: what the french would call a ''vin de soif''. NZ Winegrowers report 7.3ha of Gamay planted here, with Te Mata in Hawke's Bay having the lion's share with 6.3ha. Our local versions will take some effort to find, but for fans of this variety your efforts will be rewarded.

Marlborough harvesting early ahead of rain
Marlborough winemakers are racing against the clock to bring in the crop ahead of the remnants of Cyclone Debbie hitting the region full force on Wednesday. Reports of wine companies turning away disease-riddled fruit are already swirling, and the heavy rain forecast for Wednesday is only going to increase the disease pressure. Trucks and harvesters have been going full bore, instead of leaving grapes on the vines to the mercy of the weather.

Seppeltsfield buys former Rosemount winery
Seppeltsfield Wines has today confirmed the purchase of the Ryecroft winery in McLaren, together with an adjoining vineyard in McLaren Flat, from Treasury Wine Estates. The Ryecroft winery site, which has a production capacity of about 30,000 tonnes, is expected to be utilised as ancillary crush, fermentation and storage facility for Seppeltsfield’s broader vineyard holdings in South Australia.

AB Mauri



WID 2017