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News posted on Friday, 12 February 2016

Beresford launches 'Napa inspired' Tasting Pavilion
Beresford Wines launched its much anticipated Tasting Pavilion last night with South Australian Tourism Minister Leon Bignell officially declaring the site open for business. Located in the heart of the McLaren Vale, the facility offers a premium wine and food experience – with three tiers of wine available for tasting, matched with local, seasonal produce. Angelo Kotses, managing director of parent company Bickford’s Australia, said the Tasting Pavilion was the result of extensive research into successful wine businesses from across many regions.

TASMANIA: Water into wine
FOR 27 years Yvonne and Noel Gerke ran a transport business, hauling logs from Tasmania’s forests to mills grinding woodchips for customers in Japan and elsewhere in Asia. Then came the global financial downturn as well as campaigns to protect Tasmania’s native forests (see article). It clobbered the timber industry. “We employed 45 people until it crashed and burned,” says Ms Gerke. Four years ago the Gerkes took a payout from Australia’s federal government to quit logging. They are now gambling on another commodity: water.

Australian wine facing up to a brave new retail world
The Australian wine category will nosedive in a brave new retail world obsessed with everyday low pricing if it does not adapt and improve its average price point, according to Hardys supplier Accolade Wines. Australia has enjoyed strong growth in recent years and is up 3.4% in value to £1.18 billion (Nielsen, year to November 2015), but the average price point has fallen and now sits at £5.20, below the average price of £5.38 for a bottle of still wine.

RIVERLAND: Funding for small wine producers
SAWIA is pleased to announce a new program – the Agribusiness Growth Program which is now available for eligible wine businesses in South Australia. The program aims to support small wine businesses (with a turnover between $300,000 and $1.5M). If you are ready to grow your business but not sure where to start, this program aims to accelerate business growth, through expert business evaluation and coaching services for activities that will have a direct impact on your growth.

Sweetwater vineyard: World-class estate for sale in Pokolbin
ONE of the state’s most “significant” winery estates, Sweetwater, is expected to fetch more than $15 million under the hammer — half its predicted value in 2015. The new price revision is expected to attract multiple bids from cashed-up Chinese investors for the rolling 48ha property in Pokolbin. Cabernet Sauvignon and Shiraz vines cover a third of the estate which dates back to the colonial 1820s.

Wine company Indevin snaps up Winegrowers of Ara vineyards in Marlborough
One of New Zealand's richest families has sold its entire vineyard holding in Marlborough. The Todd family, who have an estimated worth of $3.16 billion, have sold vineyards associated with its company Winegrowers of Ara to Marlborough-based wine company Indevin. On Thursday, the companies confirmed they had signed an unconditional agreement. The vineyard, which is located in the Waihopai Valley, includes 600 hectares of vines and about 900 hectares of bare land suitable for further plantings.

Winemakers labelled on the rise by magazine
Three Hawke's Bay winemakers have been adjudged by Master of Wine Bob Campbell to be among eight winemakers throughout the country he describes as "on the rise". Campbell has produced a feature article for the upcoming issue of the international magazine Gourmet Wine Traveller where he has focused on what he called the rising stars across the New Zealand winemaking landscape. Rod McDonald of Rod McDonald Wines, Steve Skinner at Elephant Hill and Dermot McCollom at Stonecroft all made Mr Campbell's list.

Key world wine consumption trends
Millenials in the US don't want as much wine as their parents and the Italians are losing touch with their vinous heritage, but Prosecco is a 'weekday luxury' that knows no bounds abroad and China is back in the game, according to a Vinexpo-sponsored report on world wine consumption trends. It is the second time inside one month that concerns have been raised within the wine trade about the US, the world’s largest wine consuming nation.

France Posts Record Wine Sales in 2015
France posted record-breaking sales of wine and other spirits that earned the country a whopping 11 billion euros ($13 billion) in 2015, the media reported. Sales increased by 8.7 percent over 2014. The rise mainly came from a 12-percent jump in champagne and a 20-percent surge in cognac sales, Xinhua news agency reported. Exports to China put up a remarkable 23-percent growth following sluggish sales for two years.

Pernod Ricard improvement driven by USA
Improvement in the US helped drive “a gradual improvement” for Pernod Ricard in the first six months of the financial year, with the UK wine portfolio also performing strongly. Sales across the group rose 3% on an organic basis, with growth accelerating across the Americas, up 4% in the first half of the year, the company reported today. This was led by the USA, up 3% in the first half compared to only 1% in the same period last year.

Chinese customs rejects fewer wines in 2015
Fewer imported wines were rejected by Chinese customs in 2015 amid strong growth in wine import, shows official figures. 284 tons (123 batches) of imported wines were destroyed or returned by the Chinese Customs for quality and packaging problems in 2015, according to the reports released by China’s General Administration of Quality Supervision, Inspection and Quarantine. The number has decreased by 10% from 2014 (314 tons, 165 batches).

SENATE COMMITTEE: Twelve new recommendations for the grape and wine industry
A report from the senate inquiry into the state of the Australian Grape and Wine industry has been released with 12 recommendations proposed. The Senate Rural and Regional Affairs and Transport References Committee investigated the profitability of wine grape growers, the impact of the Wine Equalisation Tax (WET) rebate, the power and influence of retailers of Australian wine in domestic and export markets and the effectiveness of market intelligence in sending price signals to growers.

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