A Chinese group has purchased The Knappstein in Clare Valley from Accolade Wines for reportedly AU$15 million (US$10.12 million).
The sale to Chinese conglomerate Yinmore … Read More
Australia
Strong demand for premium wines and mass-produced wines has driven up sales and profits for Australian wine giant Treasury Wine Estates. Read More
Michael Hill Smith MW shares with us disdain about wine pretension, his wine recommendation to UK Prime Minister Boris Johnson, and the legendary 1978 DRC La Tache. Read More
David Lucas' departure from Wine Australia is the latest key personnel change in China's volatile wine market. Read More
Australian wine exports to its most valuable market China has reached all time high in terms of value in the 12 months ended in June, despite a 16% drop in volume, according to the latest figures released by Wine Australia. Read More
Production volume of Australia’s 2019 vintage turned out to be higher than expected despite early predictions warning that the vintage could be the lowest in a decade in the country’s key wine making region Barossa, due to frost, hail and drought. Read More
A bombshell report by Australian Financial Review alleges that Treasury Wine Estates’ former star employee in China, Peter Dixon, is being sued by the company and … Read More
Entries are now open for this year's Wine Australia China Awards, set up to recognize individuals and companies that have made "outstanding contributions to promoting and raising the awareness of Australian wine" in its most valuable market China. Read More
China's imported wine sector continues to slide with double digit drops in both volume and value in the first four months of the year while Australia overtakes France as the country's No.1 wine supplier. Read More
Australia's renowned wine brand Penfolds has unveiled three different Champagnes that it has created in collaboration with family-owned Champagne house Thiénot to mark its 175th anniversary. Read More