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Tag Archive: Australia

Australian Wines Show Value Growth In U.S., As Consumers Explore Higher Price Points

After weathering challenging conditions in the U.S. in recent years, Australian wine exports to the U.S. grew by 2% to A$432 million ($305m) in the 12 months through June, with growth concentrated among premium and luxury brands. Continue reading →

Posted in News on July 22, 2019

Australian Wine Awakens With New Upscale Focus

Australian wine has been making strides toward reinventing itself in recent years, with its eye on a new generation of U.S. consumers increasingly inclined to reach for bottles retailing above $15 a 750-ml. Continue reading →

Posted in News on March 27, 2018

Australia’s Chateau Tanunda And Lambert Estate Form New Venture For U.S. Market

Australia’s Chateau Tanunda, formerly handled by Banfi in the U.S. market, has partnered with fellow Barossa winery Lambert Estate on a new U.S. import arrangement. Continue reading →

Posted in News on January 12, 2017

Treasury’s Profit More Than Doubles On Premiumization, Diageo Deal

While everyone in the drinks business talks about premiumization, perhaps no one has more effectively implemented a premiumization strategy than Treasury Wine Estates CEO Michael Clarke. Continue reading →

Posted in News on August 18, 2016

Report: Accolade Wines Set For IPO In First Half Of 2017

Australia’s Accolade Wines, the world’s seventh-largest winemaker, is reportedly slated for a A$1-billion-plus ($770m) IPO in the first half of next year, as private equity owner CHAMP looks to largely divest itself from the business. Continue reading →

Posted in News on August 12, 2016

News Briefs for April 19, 2016

•Australian wine exports to the U.S. increased 4% by value in the 12 months through the end of March 2016 to about $337 million, according to the Wine Australia trade group. Continue reading →

Posted in News on April 19, 2016

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