Hundreds of labels are far from the quaint, handmade products their names might suggest. In reality they are mostly the product of the marketing department at one of our two major retailers, Woolworths and Coles, which now control more than 70 per cent of what they call “off premise” wine sales but what you and I know as buying from a bottle shop.
European private equity firm PAI Partners is running the numbers on Australia’s Accolade Wines, sources told Street Talk. As Street Talk revealed on Monday, PAI Partners is performing preliminary due diligence on the Australian wine bottler, seeking to strike as Accolade’s biggest shareholder CHAMP Private Equity considers exit options after six years with the company.
According to Georgia’s National Wine Agency (NWA), over 28 million bottles of wine were exported to 46 countries last month, bringing $64.8 million back into the economy. In August 2016 Georgia exported 42 percent more wine year-on-year (y/y), and generated 16 percent more revenue by selling 28,156,547 bottles of wine abroad.
Charles Augustus Banks IV, a noted wine investor behind such powerhouse California labels as Mayacamas and Screaming Eagle, was arrested Friday in San Antonio on charges of defrauding retired basketball star Tim Duncan. Although Banks, 48, was soon released on $1 million bail, he faces trouble on several fronts.
One winery is seeking inspiration from the man who landscaped Hobbiton, at least three are opening new or refurbished tasting rooms and another is renovating a restaurant. It’s all part of a plan to lure tourists to New Zealand’s premier wine region.
A GRANITE Belt winery has dominated the Queensland Wine Awards, taking out five major accolades. Ballandean Estate Wines was named as Winery of the Year, Cellar Door of the Year and Champion Wine of Show.
THE Barossa Valley has some of the oldest grapevines in the world and some of the oldest labels-productions in Australia. So in terms of vinous age Hentley Farm is but a glint in the milkman’s eye. Keith and Alison Hentschke searched for many years to find the right location before purchasing the 1840s-built Hentley Farm, located in the Seppeltsfield region, in the late 1990s.
Lodestar Anstalt v Campari America LLC [2016] FCAFC 92 is important because it clarifies what constitutes ‘control’ in determining whether use of a trademark by a licensee is ‘authorised use’. It is the latest, in Australia, in the ongoing battle concerning the WILD GEESE trademarks. It is a unanimous decision of the Full Bench (five judges) of the Court of Appeal of the Federal Court on appeal from a single judge on appeal, in turn, from the registrar of trademarks.
Durif was discovered in the 1860s in an experimental vineyard in France’s Isere region, and takes its name from the man who’d established the vineyard.
Wine producers in the New South Wales central west are being forced to adapt to rising temperatures which are affecting the region’s “cool climate” drops.