Australia’s most exported wine brand, Yellow Tail, has launched its Chile-made Yellow Tail range for the Chinese market this month to sidestep China’s punishing tariffs on Australian wine, the company has told Vino Joy News.
China’s eastern Jiangsu province has dismantled what the policed described as a “mega cross regional” fake wine production ring, seizing over 8,000 bottles of counterfeit Penfolds worth over RMB 10 million (US$1.6 million).
Mercian Corporation (“Mercian”), a leading wine importer and producer in Japan owned by Kirin, has announced the launch of a new wine brand called “Mercian Wines”, as it tries to energize local wine market after slumping wine sales in 2021.
Shaw + Smith’s founders, Martin Shaw and Michael Hill Smith MW, and joint CEOs Adam Wadewitz and David LeMire MW, have bought Blewitt Springs vineyard in McLaren Vale to make three single vineyard wines, the winery has announced.
China’s wine market failed to pick up steam despite early economic recovery from the pandemic and overall growing consumer spending, as limited business banquets and social gatherings still heavily weigh down the country’s wine consumption volume.
Penfolds, the Australian flagship brand from Treasury Wine Estates, has announced the final release of its ultra premium “g” series trio – g5 – blending five vintages of Granges, following the launch of Penfolds g3 and g4 in 2017 and 2020 respectively.
Australia’s e-commerce and technology business WithWine, has recently announced that former wine auctioneer and retail executive Andrew Caillard MW has joined the leadership team as Associate Director.
Treasury Wine Estates Ltd (TWE) today announced it was joining the RE100 global renewable power initiative as part of the premium wine company’s commitment to switch to 100% renewable electricity by 2024 across its global operations.