TWE slashes growth predictions as US business stalls
Treasure Wine Estates (TWE) has cut its predictions of growth for 2020 from between 15% and 20% to between 5% and 10% after its first half-year figures were released yesterday.
Read more...Treasure Wine Estates (TWE) has cut its predictions of growth for 2020 from between 15% and 20% to between 5% and 10% after its first half-year figures were released yesterday.
Read more...Harpers columnist Jerry Lockspeiser is the former chairman of Off Piste Wines. Lockspeiser left at the end of 2019 after ten years at the company, which he helped to grow from ‘acorn to oak tree’ after joining back in 2010. His departure follows an investment in Off Piste just before Christmas, which will take the company into a new phase of development. Lockspeiser was also involved in the founding and building of Bottle Green in 1990 and organic wine specialist Vinceremos Wines in 1985. Here, he takes a reflective look back on 15 years that changed the wine world.
Read more...Wine Australia has revealed that more than AUD $500m has been raised so far in charitable donations from across the globe in relation to the devastating bushfires.
Read more...Tyrrell’s Wines has made the decision to have a “severely reduced” 2020 vintage due to smoke taint caused by the bushfires, with the Australian producer estimating a total crop loss of 80%.
Read more...Yalumba unveiled its latest NPD at Australia Trade Tasting - a four-strong range of wine made with minimal intervention.
Read more...Hot and dry conditions have made for a tough growing season in many South Australian regions, according to the state’s Riverland where harvest has begun with early Chardonnay grapes picked for sparkling wine.
Read more...Amathus Drinks has expanded its Australian portfolio with two producers, Head Wines and Gilbert Family Wines, both making their UK debut in the process.
Read more...The Randall Wine Group (RWG) has acquired its first vineyard in Australia’s Riverland, marking the latest target in a string of acquisitions aimed to fuel its sales in China.
Read more...Awin Barratt Siegel Wine Agencies (ABS) has announced it is bringing Hedonist Wines’ organic and biodynamic Ecology range to the UK on an exclusive basis.
Read more...Wine Australia has said that, while the “toll on individuals cannot be underestimated and should not be downplayed”, a review of fire maps suggests a maximum of around 1,500ha of vineyards fall within the regions affected by the current bushfires to date.
Read more...Iconic family-owned Australian wine producer Henschke has appointed Liberty Wines as its UK agent.
Read more...The trade awoke to a new year with the sad news that Hazel Murphy AM had passed away on 1 January.
Read more...As we prepare for the new decade, Harpers will be taking the month of December to look back over 2019 and ahead to what the coming year will bring – hopefully full of revived optimism for both politics and the trade.
Read more...A complete 65-bottle run of Penfold’s Grange is predicted to sell for at least £180,000 when it goes under the hammer this week.
Read more...Premium Australian wine brand Tempus Two, which is part of the Australian Vintage portfolio, has added a Sauvignon Blanc to its Quartz series.
Read more...The threat of fire continues to hang over the wine growers of New South Wales, with Australia’s Bureau of Meteorology forecasting “severe fire dangers” for Tuesday in a number of regions, including Greater Hunter.
Read more...Fire chiefs, residents and wineries in New South Wales are currently preparing for a “catastrophic” fire day today as 60 fires continue to tear through the region’s residential areas and wine country.
Read more...Award-winning McLaren Vale winery Haselgrove Wines is set to expand its international distribution with new hires for the Chinese and US markets.
Read more...McGuigan Wines has revealed a blueprint to focus on its cool climate messaging in order to continue to transform Australia’s reputation at the premium end from “in your face wines” to wines of “flavour, intensity, structure and length”.
Read more...Yellow Tail has launched a ‘lighter style’ 8.5% abv wine to tap the burgeoning low/no category.
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