Wine Industry News

  • White wine consumption in Bulgaria increases over the last year

    Sofia. There is some decrease in the consumption of imported wine in Bulgaria, said Branimir Botev, chairperson of the Association of Producers, Importers and Traders of Spirit Drinks (APITSD), in an interview for FOCUS News Agency. In Botev’s words, the imported wine is usually in the higher pri...
  • Rebranded Canadian Wines Clarify Content

    Ontario—“Cellared in Canada” wines, the crux of a cause célèbre championed by wine aficionados and journalists, are virtually absent from store shelves this holiday season. This fall, Mississauga, Ontario-based Vincor Canada launched new labels for its wines made from blends of domestic and ...
  • Australia's CHAMP sees global wine cycle near bottom

    (Reuters) - Australia's CHAMP Private Equity firm said its $230 million purchase of Constellation Brands operations in Australia, Britain and South Africa comes near the cyclical low for the wine industry, and it sees strong upside for the business."At CHAMP we have dealt with these sorts of situati...
  • Constellation Brands Sells Australian and UK Wine Business

    Constellation Brands, the world’s leading premium wine company, has agreed to sell its Australian and UK business – Constellation Wines Australia and Europe – to Champ Private Equity of Sydney for A$290m (Eur220m). Constellation will retain a 20% interest in the business and receive cash proce...
  • Pernod sells New Zealand wine brands

    Pernod Ricard has sold Lindauer, its New Zealand wine brand, to Lion Nathan and Indevin. The deal is worth NZ$89 million - around €50 million - and has received clearance from regulators. Lion Nathan's portfolio already includes Wither Hills and a number of internationally-known spirits and RTDs. ...
  • AUS: South Australia gets new wine region

    The Australian Wine & Brandy Corporation (AWBC) has officially handed Mt Gambier geographic indication status. The industry body confirmed this week that Mt Gambier has entered Australia's GI register, making it South Australia's newest wine region. The move means that local winemakers will be ab...
  • Judgment Threatens Consumer-Direct Wine Sales

    Forgotten New Jersey case could give equal privileges to out-of-state wineries.A recent court decision regarding New Jersey wine laws could potentially threaten the rights of wineries to have satellite tasting rooms and self distribute their wines—or it could allow out-of-state wineries to have th...

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