Tag Archive: New Zealand
Table Wines Priced At 9 Dollars And Above Show Double-Digit Growth For Year Through August 20, Nielsen Says
Table wines retailing at $9 and over a 750-ml. bottle grew 10.9% by volume and 10.1% by value for the 52-week period ending August 20, according to the latest Nielsen numbers. Continue reading →
Posted in News on September 8, 2011News Briefs for August 26, 2011
•New Zealand’s total wine sales rose 11% to 221 million liters for the year through June 30, as export value jumped 5% to $1.1 billion, according to the New Zealand Winegrowers Association. Continue reading →
Posted in News on August 26, 2011Treasury Wine Estates Sees Profits Rise In FY, But U.S. Volume Slides
Treasury Wine Estates returned to profit in the 12 months through June, its fiscal full year, turning in a net gain of A$64.1 million ($67m), but net sales on a pro forma basis (excluding effects from Treasury’s recent demerger from Foster’s Group) slid 7% to A$1.8 billion ($1.88b), and volume was down 6.6% to 33.2 million nine-liter cases. Continue reading →
Posted in News on August 22, 2011Domestic Wines Drive U.S. Market Growth In Latest IRI Data
Domestic wines continue to drive both volume and value growth in the U.S. wine market, according to the latest figures from SymphonyIRI, which tracks sales in the food/drug/convenience channels accounting for about 30% of the market. Continue reading →
Posted in News on August 19, 2011News Briefs for August 18, 2011
•Wine Spectator is reporting that Jean Phillips, the founder of Napa cult Cabernet phenomenon Screaming Eagle, is returning to her roots. Continue reading →
Posted in News on August 18, 2011News Briefs for August 2, 2011
•Mike Kenton, who was tapped to lead Ascentia Wine Estates in January, has left the company. Continue reading →
Posted in News on August 2, 2011
