It was just over a year ago when Maygars Hill Winery owner Jenny Houghton facilitated the district’s first Australian Women in Wine Awards event. The Longwood-based viticulturist, along with renowned wine writer Jeni Port, will again host the event this month in Euroa. Conducted in a slightly different format, the awards are broadcast to celebratory events across the country, with Euroa’s being held at The Naturally Made Store.
Shares in Treasury Wine Estates have surged more than eight per cent as the wine supplier provided a bullish outlook at its annual general meeting. TWE shares were 81 cents, or eight per cent, higher at $10.93 at 1402 AEDT. Chief executive Michael Clarke told shareholders gathered in Adelaide that TWE, whose labels include Penfolds, Wolf Blass and Lindeman’s, had a very bright future. “I am confident that we can continue to deliver outstanding results and, therefore, further value creation for you,” Mr Clarke said.
De Bortoli Wines efforts in growing its export business has seen the family-owned company named the winner of the ‘Asian Success’ category at the AFR & PwC’s Private Clients Aspire Awards. Announced last night at a ceremony in Sydney, the awards celebrate outstanding achievements made by Australia’s private and family businesses. The quality of the 2016 entrants were as high as ever, as businesses from all of Australia’s major vertical industries presented the solid business practices that successful companies portray.
Stuart Hordern, senior winemaker at Brokenwood Wines in the Hunter Valley, has been named the Len Evans Tutorial Dux for 2016. This year, the Tutorial was held in the Hunter Valley from 31 October to 4 November. Hordern is only the second Hunter Valley-based attendee to dux the week-long tutorial, following Liz Silkman (nee Jackson) in 2006. As dux, Hordern has been guaranteed judging positions at two of Australia’s most respected wine shows, the Sydney Royal Wine Show and the National Wine Show in Canberra. He will also be flown Business Class to Europe with invitations to some of the world’s best wine houses.
The election of tee-totalling winery owner Donald Trump to the White House may pose a risk to the meteoric growth of New Zealand wine exports. The United States is the largest export market for New Zealand wine, with about $470 million worth of the luxury good flowing stateside in the year to September. But the election of Trump as the 45th president of the US is raising eyebrows among exporters concerned by his protectionist stance, or restraining trade between countries, and the falling US dollar.
Wine Enthusiast magazine has named Kim Crawford winery ‘New World Winery of the Year’ in their annual Wine Star Awards, which honour outstanding achievements in the international wine and beverage industry. “I’m so proud that we’ve brought this one home for New Zealand wine against the new world competition,” said Kim Crawford Winemaker Anthony Walkenhorst. “My team and I work hard to make wines that people love to drink and we’re really pleased to get a pat on the back for it from our peers and industry leaders.” In the U.S, New Zealand’s largest wine export market, Kim Crawford is now New Zealand’s most purchased wine brand, and produces the #1 selling Sauvignon Blanc.
It’s all about timing and right now the timing couldn’t be more perfect for Moppity Vineyards and Southern NSW. The results for the 2016 Seguin Moreau Great Australian Shiraz Challenge have been released and Moppity Vineyards have won Best NSW Shiraz and the overall title of Best Shiraz for a second time, with their 2015 Escalier Shiraz outscoring over 350 wines from 60 different regions. Moppity Vineyards is still the only NSW winery to have won the Great Australian Shiraz Challenge, and the only Single Vineyard producer to have won it twice. Further, Moppity had two wines in a tie for second place
Marlborough wines held their own across the Tasman, making the region the most successful winegrowing area at a prestigious Australian competition. The results of the 37th annual Sydney International Wine Competition, featuring 1911 wines from eight countries, has been revealed after judging took place in October. The competition is noted for pairing food with the wines being judged, which organisers say makes it more relevant for consumers and the way they experience wine.
Newly elected US president Donald Trump could hinder New Zealand’s prosperity if he goes through with his policies, BusinessNZ warns. BusinessNZ chief executive Kirk Hope said New Zealand’s prosperity relied on open and free trading of export products. If the US, which was New Zealand’s third largest export market, were to take a more closed approach to trade in the future, New Zealand export returns could be affected. “Trade with the US earns New Zealand over $5 billion a year in products including meat, dairy and wine, and over $2 billion a year in services,” Hope said.
Donald Trump has won a tumultuous US presidential election campaign battle against Hillary Clinton. What could that mean for wine collectors and producers? Donald Trump‘s victory in the US presidential election is the second time this year that markets and political pundits have been caught out. The Financial Times described it as America’s ‘Brexit‘, referring to Britain’s surprise vote to leave the European Union earlier this year.
