The new-found Chinese interest in wine, coupled with a surplus of Australian production, has created a market in instant branding, reports Jeni Port. Could this damage Australia’s export prospects in the future?
The inhabitants of Mayfair in London, where Arab oil sheiks and Russian oligarchs congregate, are no strangers to luxury. But, reports Adam Lechmere, even the wealthiest patrons are blown away by the wines on offer at Hedonism.
The global wine trade only exists because it’s backed by international logistics expertise. It’s the people who get the wine from one part of the globe to another in a timely fashion who are the real heroes of wine. Felicity Carter speaks to one such expert, Bernd Jordan of German logistics company JF Hillebrand.
Jean-Guillaume Prats, previously the CEO at Château Cos d’Estournel, has taken the helm at Moët Hennessy Estates & Wines. He talks to Richard Woodard about the move and about plans for international expansion.
Although the number of Indian wine drinkers is going up, Subhash Arora finds that Indian importers aren’t having an easy time of it. Not only has the government imposed a whole new set of regulations, but the rupee’s dramatic devaluation has hit pockets hard.
When Bob Trinchero discovered that one of his wines had failed to ferment properly, he bottled it anyway and sent it to market. Larry Walker reports on how that decision enabled Trinchero to become one of America’s biggest wine companies.
Spanish specialist Jürgen Mathäß sees both continuity and change for the most important players in the Spanish wine business. In some areas, the economic crisis has also given an impetus to refocus on new priorities.
Hardys, one of the world’s best known wine brands, has been through tumultuous times in the past decade. But the family that stands behind the name are looking forward to the next 160 years. Felicity Carter and Robert Joseph report.
The UK market continues to defy easy analysis, says Richard Woodard. On the one hand, consumers are still looking for cheaper wines, which the wine trade is finding unprofitable to supply. On the other hand, the fine wine market is booming.
It’s been a trying time for wine in Russia, says Eleonora Scholes, thanks to a stagnant market and restrictions on what can be written or said about wine. Yet there are bright spots, including a new willingness to experiment and the spread of interest in wine to regional cities.
UK wine supplier Enotria has not only bypassed the financial problems plaguing former competitors, says Adam Lechmere, but they’re actively looking to grow through acquisition. It’s a wine company that’s found a balance between the corporate and the artisanal approach.
China’s wine consumers are frequently portrayed as red wine obsessives preoccupied with status. But as wine becomes more expensive, particularly from France savvy wine drinkers are looking elsewhere for value. Edward Ragg, charts the rise of China’s new consumers.