Australia’s second-largest wine group, Accolade Wines, will merge with Pernod Ricard’s Australian, New Zealand, and Spanish wine businesses for an undisclosed amount. The deal aims to strengthen the combined entity's position amid industry challenges facing wine. Read More
Australian wine
It's a worrying sign when the popular Penfolds is experiencing slow sales, but some merchants remain hopeful for upcoming festive season. Read More
Australian Vintage, the third largest wine producer in Australia, is trying to revive its China market after its biggest shareholder from China suffered a AUD 7 million loss following the company' resumed trading. Read More
Just two months after China lifted punitive tariffs on Australian wines, Australia has quickly regained its position as China’s second-largest wine exporter, sparking hopes that it may soon become the top exporter to China again. Read More
Chinese Premier Li Qiang made a historical visit to Australia's popular winery Penfolds, raising hope that Australian wine exports to China could soon bounce back to AU$1 billion before relations soured. Read More
What are the priorities and preferences of Chinese buyers today? Did Vinexpo Asia Hong Kong live up to its expectation? We find out here in the report. Read More
Following the removal of tariffs, Australian wine exports have surged in the month of April, jumping by more than 675% in volume and an explosive 8300% in value, boosting China's overall wine imports. Read More
Penfolds is poised to make a full return to mainland China, with first shipments expected to arrive next month following the lifting of punitive tariffs in late March. Read More
How have Chinese importers' attitudes toward Australian wines changed compared to three years ago? What are their current requirements and feelings toward resuming cooperation? To shed light on these questions, Vino Joy interviewed several major and medium-sized importers. Read More
The Government of South Australia has launched an export program worth AU$1.85 million aimed at supporting the local wine industry in its efforts to re-enter the Chinese market, which was previously importing AU$1.2 billion of Australian wine annually. Read More