Why TWE started over in China

Treasury Wine Estates (TWE), the Australian owner of leading brand Penfolds, has shed some light on why it decided to call time on its distributor in China – and why setting up on its own steam has been key to growth in the country.

TWE sets sights on being “part of the fabric of China”

Treasury Wine Estates’ chief executive Michael Clarke revealed the company’s ambitious plans for China yesterday.

Half of China's middle class population drinks imported wine

Despite falling wine import volumes, China continues to mature as a market, according to the latest country report from Wine Intelligence.

UK overtakes Spain as biggest market for Brockmans Gin

Gin continues to boom for Brockmans here in the UK, which is now the brand’s top market thanks to a recent push into the supermarkets.

March of the mixers

The premium mixers category is becoming a crowded market, but is there just too much going on in the way of flavour, asks Kate Hawkings.

Market frustrated at pricing of Bordeaux 2018

Traders have found the release of Bordeaux’s 2018 vintage “perplexing” and “frustrating”, according to a report from Liv-Ex.

On-trade is moving with the times, say suppliers, as Jamie’s and other well-known faces disappear from the high street

The tired, middle of the road, mid-market section of the on-trade is falling away to make way for new, more innovative concepts, suppliers have told Harpers.

Old world wines dominate on-trade in China, new research shows

Wines from France and Italy dominate the on-trade in China, according to the first in-depth research into the Chinese on-trade market.

Luvian’s St Andrews' Archie McDiarmid blogs from Sauvignon Blanc Celebration in Marlborough

The major focus of the final day of Sauvignon 2019 was ‘Pursuit’ – both of new customers and of new styles – as New Zealand looks to broaden the appeal of its hero grape without losing the affection of the millions of customers worldwide who have super-charged the country’s remarkable growth as a winegrowing power.

Aussie backstop will safeguard Australian wine exports post-Brexit

Australia will continue to trade with the UK, its biggest export market by volume and third by value, on its current terms post-Brexit.

HMRC now issuing two new distilling licences a week as gin continues to soar

Those expecting to see gin fall from its pedestal will have to wait a little longer.

Fine wine more stable than gold as Burgundy drives record high for investment market

Burgundy thrived, Bordeaux consolidated and wine investment proved more stable than gold, according to the Liv-ex annual summary of the 2018 market, described as “a record breaking year”.

Looking ahead: Andrew Johnson, Woodwinters

Tumultuous political times are offering an interesting backdrop to our latest Looking Ahead series.

Global wine markets: China shines as Brexit Britain picks up wooden spoon

The second annual ProWein Business Report looking at the attractiveness of international export markets for wine has placed China in pole position for the first time.

Rhône coops chase cru margins to balance tough market

Rhône Valley cooperatives are on a mission to premiumise their offering, as market pressures mean they can “no longer compete with the New World at £3 a bottle”.

Cognac sets new export record

Cognac exports have achieved their fourth consecutive year of growth, driven by continued thirst for the historic French brandy in the US.

Wine set to help global alcohol consumption to reach £830bn by 2022

A relatively sunny outlook is being forecast for the global alcohol industry over the next five years, with the wine set to see the largest portion of growth.

Global wine market grows value sales against static volume

“Short-sighted” Bordeaux En Primeur strategies leave little to no value for the trade

A “lack of wines priced attractively” has been blamed for a less than successful 2017 Bordeaux campaign.

Two restaurants closing a week, but UK dining scene shows reverse North-South divide

The number of licenced restaurant in the UK has fallen by -1.3% in the twelve months to March 2018, with the total number dining outlets also falling by 0.4%, according to the recent Market Growth Monitor report from CGA.