At least one winery in Australia’s Victoria region reports a 100% harvest loss as vineyards, homes and cellars are destroyed.
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Victoria
Unprecedented frosts hit Southern Australia last week, causing “widespread and significant” damage to the wine region, wiping out up to 90% of vines, according to local producers. Read More
Treasury Wine Estates will shut down its Karadoc winery in Victoria amid rising operational costs and China's punitive tariffs that have made the wine giant's commercial wine operation "unstainstable" Read More
Weilong Grape Co, China's third biggest wine producer, plans to sell over 320 hectares of its vineyards in Australia for RMB 660.6 million (AU$143 million), one year after China's punitive tariffs on Australian wines have crushed its grape dream. Read More