Australian Wine Holdco Limited (AWL) has welcomed the Australian Competition and Consumer Commission's (ACCC) decision to grant merger clearance for the combination of Accolade Wines with Pernod Ricard's Australian, New Zealand and Spanish wine businesses.
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Australian wine exports surged in the 12 months to September 2024, with value rising 34% to AU$2.39bn and volume up 7% to 643 million litres, according to Wine Australia’s latest report. These figures represent the highest levels since August 2021, mainly driven by a strong return to the Chinese market after it removed import duties on Australian bottled wine in late March 2024.
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Yesterday (17 September), Berkmann hosted a distinguished wine tasting event at Woods Quay, featuring four esteemed Australian wineries. The event, Berkmann's first tasting “not on dry land,” marked a significant moment for the supplier, as it brought together four leading winemakers in a collaborative, flighted tasting by grape variety. This gathering exemplified the spirit of Australia’s premium wine industry, challenging the misconception that Australian wine is only synonymous with mass-produced, budget-friendly offerings.
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South Australian family-owned winery Oxford Landing has been announced as the Official Wine Partner for The British & Irish Lions for their upcoming Lions tour to Australia.
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Australia’s Brown Family Wine Group has chosen Hallgarten & Novum Wines as the exclusive UK distributor for its Brown Brothers range. The team at Hallgarten will be responsible for introducing the wines, which have alcohol content ranging from 0-15%, to the UK’s hospitality and retail sectors.
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Australian wine exports increased by 17% to AU$2.2bn in 2023-24, the highest since September 2021, while volume remained steady at 619 million litres, according to Wine Australia’s Export Report.
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Goedhuis Waddesdon has been named the main UK distribution partner for Penfolds, aiming to expand the distribution of the core Bins Collection, including wines from France and the US.
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Pernod Ricard has confirmed the signing of the much anticipated agreement to sell a majority of its wine brands to Australian Wine Holdco (AWL), the consortium which owns Accolade.
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Penfolds has announced the recipients of the inaugural Penfolds Evermore Grant Programme. Four recipients in Australia have been selected for their projects contributing to community and culture and will share in AU$200,000 of funding.
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Wine Australia and New Zealand Winegrowers will be buddying up for their annual UK trade tastings next year in what will be their first ever joint event.
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Treasury Wine Estates (TWE) has provided a significant update on its Penfolds brand and strategic direction in China, almost three months after the lifting of tariffs on Australian wine imports.
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The crisis in the Australian wine industry has deepened now that buyout negotiations between Australian Vintage and its larger rival Accolades Wines have collapsed. The former has requested a suspension of its shares on the Australian stock exchange as it grapples with a grape glut and mounting debt.
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A new report marks significant progress for women in the Australian grape and wine industry, ten years after the first study of its kind was published.
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Accolade Wines is currently in negotiations with Pernod Ricard regarding the sale of some of its assets, Harpers has learned.
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Veteran Australian wine critic James Halliday AM has announced he is stepping back from his wine writing and tasting commitments, while also embarking on a wine memoir.
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Buckingham Schenk Family has announced its exclusive partnership with Australian winery Hatch Wines, founded by veteran winemaker Chris Hatcher.
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Accolade Wines, Australia’s second-largest producer, has offered to buyout grape supply contracts to combat oversupply in the Riverland region.
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Australia’s viticultural and winemaking history has been writ large in a new three-volume book launched this week to the UK, named The Australia Ark, telling the stories of Australian wine from 1788 to the present day.
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The Chinese Commerce Ministry has confirmed that China will end three years of anti-dumping and anti-subsidy tariffs on Australian wine from March 29.
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The Chinese government has hinted at the imminent removal of punitive tariffs for the import of Australian wine which have cost the Australian wine industry around $1bn a year since 2020.
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