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News posted on Thursday, 13 August 2015

Your last chance to get in front of Melbourne and Sydney buyers ends on 14th August
Capped at 100 SKU’s between wines, spirits and beer, it is a perfect area for small producers to get their brands out to the trade. Interstate producers looking to get in front of Melbourne and Sydney buyers can also find ‘The Pavilion’ section a good way to find a distributor or expand current retail distribution.

VTA appoints administrator to handle wind-up
The Mildura-based growers’ owned Vintage Traders Australia (VTA) has appointed an administrator to manage the process of winding up operations. VTA was established nine years ago as an unlisted public company to sell wine grapes on behalf of growers who were shareholders. For a time, VTA also had small batches of wine made from shareholders’ fruit and traded in bulk wine.

Real estate industry optimistic it can lure foreign investors to SA farms
South Australian reality experts are forecasting increasing foreign investor interest in the state's farm land. Industry insiders blame austerity measures in China for dampening interest in farms to date. Colliers International's Tim Altschwager, said he expected most interest would be in vineyards in the state's iconic growing areas, like the Barossa Valley. "I've certainly seen an upswing in interest in the last few months, particularly from Asia," he said.

More than half of WA wineries unprofitable
National wine production data reveals more than half of West Australian wineries are unprofitable. The Winemakers' Federation of Australia (WFA) vintage report, released last month, shows the number of loss-making wineries around Australia has risen marginally from 84 to 85 per cent. The profitability data is based on grapegrowing costs per tonne and WA was a particularly poor performer, according to the vintage report.

Wine launched to raise profile of Limestone Coast
It might be the home of the prestigious Coonawarra wine region, but Australia’s Limestone Coast is largely overlooked, according to one producer in the region. Limestone Coast Wines (LCW) is hoping to catch the attention of UK consumers with the launch of an “edgy, forward thinking and artfully modern” range of wines produced in the Limestone Coast Zone in south eastern Australia.

Finlaysons brings 23rd Wine Roadshow to Rutherglen
It’s “decision time” for Australian wineries, according to a wine industry lawyer visiting the North East. Australian wine industry law firm, Finlaysons, wine partner Will Taylor said many wine businesses around the country were on the market, either formally or informally. “Our perception at the moment is that a lot of people in the wine industry are reaching a critical time,” he said. “In some cases this reflects many years of financial stress coming home to roost.”

Marlborough winery buys more land
Cloudy Bay Vineyards has been given the go ahead from the Overseas Investment Office to buy freehold land for Sauvignon Blanc planting. The Marlborough wine company planned to purchase 11.7 hectares at Bedford Road, near Renwick, from vendors Dean and Sarah Cross, and Dene Ellwood, trustees of the Cross Trust. Cloudy Bay Vineyards will use the land to secure supply of grapes to increase production and sales of premium-quality Sauvignon Blanc from Marlborough.

NZ producer to release Burgundy
A New Zealand Pinot Noir producer is soon to release its first vintage from the other side of the world: Burgundy’s Gevrey-Chambertin. While it’s not uncommon for winemakers from the Côte d’Or to start Pinot Noir projects in emerging areas in the New World, it’s highly unusual for the situation to reverse. However, New Zealand’s Domaine Thomson, formerly called Surveyor Thomson, is planning to unveil its inaugural French Pinot from the 2013 harvest later this year, having made wine in Central Otago since 2003.

NZ producer to release Burgundy
A New Zealand Pinot Noir producer is soon to release its first vintage from the other side of the world: Burgundy’s Gevrey-Chambertin. While it’s not uncommon for winemakers from the Côte d’Or to start Pinot Noir projects in emerging areas in the New World, it’s highly unusual for the situation to reverse. However, New Zealand’s Domaine Thomson, formerly called Surveyor Thomson, is planning to unveil its inaugural French Pinot from the 2013 harvest later this year, having made wine in Central Otago since 2003.

Berry Bros appoints Tesco wine chief Dan Jago as CEO
Berry Bros & Rudd has appointed Dan Jago, group wine director at Tesco, as its new chief executive, Decanter.com can reveal. Dan Jago is expected to take up the position of Berry Bros & Rudd CEO in early October and will be responsible for ‘overseeing the whole business’, from fine wine to spirits and even the company’s stake in Anchor Steam brewery in San Francisco, California. “We needed a wine trade businessman.”

Study examines public perception of California’s wine regions
ROHNERT PARK, California – The Wine Business Institute (WBI) at Sonoma State University (SSU) today announced preliminary results of a study designed to examine Californians’ perceptions of the wine industry and its impact on quality of life in five of the state’s wine-producing regions. Results show the majority of residents in these areas view the industry in highly positive terms, citing benefits to the economy and quality of life.

Protect hail-damaged grape clusters from Botrytis
Recent hailstorms hit Northwest Michigan hard. Grapes, tart cherries, and apples orchards were hit by high winds and nickel- to quarter-sized hail, says says Nikki Rothwell of Michigan State University Extension. “Canes have been gouged and blown off the trellis, leaves are tattered and berries have been split open,” writes Annemiek Schilder of Michigan State University Extension. “Wounds on leaves and canes will probably not have any major further consequences unless crown gall bacteria present on the vines take advantage of the wounds to enter canes.”

Spending boom signals UK on-trade growth
Consumer spending in the pubs and restaurant sector has been accelerating in the first half of this year and is set to grow even more quickly in 2016, 2017 and beyond, according to predictions from Capital Economics, the respected independent forecasting agency. In its quarterly Consumer Analyst, it says that the latest monitored figures show like-for-like spending in pubs and restaurants grew by 0.9% in the first quarter and by about 2% between April and June.


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