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News posted on Tuesday, 25 July 2017

Goldman drop beer stocks in millennial shift
Goldman Sachs downgraded Boston Beer Company and Constellation Brands because millennials consume more wine than previous generations. Data shows that beer penetration across the United States fell in 2016 while wine and spirits held steady. The report also noted that millennials are not consuming as much alcohol as prior generations. Source, CNBC.

Hard work rewards young winemaker
Top young viticulturist Ben McNab-Jones is in non doubt when it comes to naming his favourite wine style – Pinot Noir. “It’s so much fun to make,” Mr McNab-Jones said. After “a lot of study” and “bookwork” Mr McNab-Jones nabbed the Bayer Wairarapa Young Viticulturist of the Year 2017 on Thursday. Source, Wairarapa Times Age.

Small business: Rod McDonald Wines
Rod McDonald, founder and owner of Hawke's Bay based Rod McDonald Wines, started the business 11 years ago. McDonald talks about the industry, awards and perks that come with the job. Source, The New Zealand Herald.

Cali winemakers now fighting mildew
"If you don't find mildew in your vineyards, you haven't looked hard enough," said Glenn McGourty, a viticulture advisor for the University of California Cooperative Extension (UCCE) for Mendocino County. After years of drought conditions, California vintners are enjoying wetter conditions this year. Source, Wine Spectator.

Online wine retailer appoints new CEO
London-based online wine retailer, 31Dover.com has appointed former Naked Wines marketing director James Bagley as its new CEO, after acquiring on-trade supplier Vanquish Wines. Source, The Drinks Business.

Calabrian rocks
Cirò is the kind of wine place I want to root for. This ancient Calabrian wine region in sun-baked southern Italy offers a gorgeous countryside of ancient olive trees and undulating vineyards planted with a unique and often-misunderstood red grape—Gaglioppo. What's more, a new generation of winemakers is working to turn Cirò from a backwater to an appellation worthy of our attention. Source, Wine Spectator.

How European wine heads to China by train
The first direct rail shipment of European wine has successfully crossed the expanse of Eurasia and arrived in China, opening up a new way for the wine producers of Europe to get their bottles onto the tables of the world’s fastest growing market for wine consumption. Source, Forbes.

South West industry held back by alco tax
Opinion: "The Margaret River Region produces just 3% of the volume of wine produced in Australia, it represents 20% of its value. Given wine in Australia is taxed on its value and not according to its alcohol volume, the Margaret River region is the most highly taxed wine region in Australia," writes Libby Mettam (a Liberal politician), for The West Australian.

McGuigan Wines invests in UK
McGuigan Wines is preparing to make “a six-figure investment” in UK advertising for its Black Label brand. The company is currently filming ads in Australia that will appear on the London Underground from September to October this year. There will also be a local version of the ad, reflecting McGuigan Black Label's position as Australia’s No 1-selling bottled red wine. Source, Drinks Central.

Inside Ochre Nation's rise
With their wine labels Unico Zelo and Harvest, the gin brand Applewood Distillery and their Ochre Nation hub and cellar door/bar in Gumeracha, the Carters (who are both winemakers and distillers by trade) have made a significant impact on the local drinks scene in a short space of time. Source, The Adelaide Review.

Monichino winery in Vic for sale
Monichino Wines at Katunga has been listed for sale recently, with the entire business, including a popular cellar door, branding and vineyard, up for grabs. The winery has been operating since 1962, when it was founded by Italian migrant Carlo Monichino, who realised the potential in the area for growing grapes. Source, Country News.

Biosecurity tips
Tip#10: When pruning, it’s best practice to disinfest your snips in a 2% sodium hypochlorite solution between blocks, to minimise pest and disease spread. www.vinehealth.com.au #Vinehealth

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WID 2017