Japan’s Suntory and Kirin suspend wine sales due to shipping delays
Two of Japan’s largest beverage groups, Suntory Holdings and Kirin Holdings Co., have suspended part of the wine sales due to production and shipment delays amid COVID-19 pandemic.
Tag: Australia
Shaw + Smith buys Australia’s Blewitt Springs Vineyard
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 imports contract for third straight quarter
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 releases ‘final’ g5
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.
Penfolds Superblend leads 2021 Australian collection
Penfolds has launched two superblends expanding its premium portfolio that included Grange, G4 and Quantum from its American wine collection.
Andrew Caillard MW joins Australia’s DTC platform WithWine
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.
TWE to switch to renewable energy by 2024
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.
Chinese wine market feels the pinch of Australian exit
The economic pains of the China-Australia conflict are also being felt in China, as the Chinese wine market struggles to absorb the aftershock of the boozy breakup.
Major reshuffle for China’s top wine exporters
Top contenders are racing to grab the top seat vacated by Australia, and the latest data have revealed the new faces for China’s top suppliers.
France outstrips Australia to become China’s top wine supplier
France has overtaken Australia to become China’s No.1 wine supplier, based on the latest Customs data, a result of the crippling tariffs slapped on Australian wines.