Treasury Invests in Ningxia as Beijing Strives to Boost Consumer Spending

Treasury Wine Estates, owners of Penfolds, one of the strongest wine brands in China, has bought a majority share in a Ningxia winery.

Reading time: 1m 45s

Accolade Cleared to Acquire Pernod Ricard Brands

The regulatory authority in Australia has determined that the acquisition poses no threat to competition in the affected markets.

Reading time: 1m

Australian Vintage Brings Back Craig Garvin

The CEO who was dismissed in May is now set to resume leadership responsibilities.

Reading time: 1m

Accolade CEO, Robert Foye, Resigns

Following its acquisition of a set of brands from Pernod Ricard, Robert Foye, chief executive of Accolade Wines, has decided to step down.

Reading time: 1m

International Bulk Wine: Exports are Stable, but Pressures Remain

The end of China’s tariff dispute briefly stabilized Australia’s wine exports, but bulk shipments to key markets have declined.

Reading time: 30s

Australian Vintage Posts Losses of AU$93m

Australian third largest producer, Australian Vintage Limited (AVG) has released its financial results for the year ending June 30, 2024, and announced changes in its leadership team.

Reading time: 1m 15s

Australia Still Putting Too Many Eggs in the Chinese Basket

Australian wine producers can celebrate what looks like a very successful reopening of their Chinese market. But sales elsewhere are falling - which may be a cause for concern. Robert Joseph takes a look.

Reading time: 5m

Treasury Wine Estates Grows with Luxury Brands

The Australian wine company increases its profit by 12.8%. While sales in the top segment rise by nearly 30%, entry-level brands are faltering.

Reading time: 1m 45

Jacob's Creek Workers Strike After Company Sale

Following the announced sale of Pernod Ricard's wine division, employees in Australia's Barossa Valley have gone on strike.

Reading time: 1m 30s