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Treasury Wine Estates (TWE), renowned for its ownership of the Penfolds brand, has experienced significant losses in the initial half of the 2026 fiscal year. In spite of this, the conglomerate remains dedicated to its long-term strategic overhaul. First-Half…
Packamama, a leading innovator in packaging, has secured a government grant totaling $1 million. The funds will bolster their efforts to develop and perfect an advanced circular polymer wine bottle. This product promises to reduce carbon emissions without…
Altina, a producer of non-alcoholic wines, has introduced Avec FlowState to the market. This innovative beverage fuses dealcoholised wine with functional ingredients. The Avec FlowState Range The Avec FlowState range includes two distinct varietals. One is…
Treasury Wine Estates (TWE) has seen a substantial growth pattern in its financial performance for the present fiscal year. The company’s net group sales have experienced a 7.2% increase, elevating the figure from $2.7 billion to $2.9 billion. Growth in…
LVMH Moet Hennessy Louis Vuitton experienced a decrease in sales during the first half of the year, primarily due to weaker performance in its fashion and wine departments. Decreased Revenue The distinguished luxury conglomerate reported a 4 per cent decline…
Grape Co Australia has been fined $34,920 by Australian Competition & Consumer Commission (ACCC) for making false and misleading representations on grape origins and breaching the Horticulture Code. In a statement on its website, Victorian table grape traders…
Winemakers from Victoria’s King Valley traveled to Canberra on Tuesday to lobby parliamentarians to protect their use of the prosecco grape variety name. Australian winemakers are “not giving any ground” against the European Union, which does not want…
Auckland recently welcomed the latest innovation in wine retailing, the Normanby Fine Wine & Spirits experience-driven concept store. Situated in Mount Eden, the store ushers in a new era of retail, reimagining the traditional wine and spirits shopping…
Mt Yengo Wines – Australia’s first indigenous-owned wine brand – has reported a tenfold increase in growth over the past three months, attributed to expanded retail partnerships and entry into the international market. The company’s expansion includes adding…
A new wine tax regime in Thailand – where wine drinkers have always been taxed higher than those who prefer beer or spirits – could open the way for higher exports from Australia winemakers. The move comes after the government introduced a series of…
PepsiCo has unveiled the third year of its Positive Agriculture Outcomes (PAO) accelerator, a global initiative to address critical agriculture challenges while advancing its pep+ (PepsiCo Positive) agenda. As part of this program, the company supports eight…
Australian wine sales rose by 11 percent despite the lowest wine production in 15 years, according to the Wine Production, Sales and Inventory Report 2023 by Wine Australia. In the fiscal year 2022-23, 964 million liters of wine were produced, while sales…
Filipino-Australian entrepreneur Siggy Bacani seeks to bring the best of both worlds together by launching 7000 Islands, a cross-cultural business venture that imports Filipino liqueurs and spirits to Australia while exporting small-batch Aussie wines to the…
News that punitive tariffs on Australian wine introduced by China in 2021 would be reviewed as part of a push to improve the relationship between the two countries was cheered by many, including Campbell Thompson. The Beijing-based Australian CEO of wine…
Lamborghini Wine has entered the Australian market after securing a distribution deal with importer Bon Vivant Global. Lamborghini Wine products are sourced directly from the Lamborghini family’s vineyards in Umbria, Italy. Wines now available in Australia…
Australia wants a separate dialogue with China on their dispute over wine, the agriculture minister said on Sunday, rejecting Beijing’s proposal to link wine with other trade issues as the two nations slowly seek to improve battered relations. China’s removal…
