Benefits seen in shared exports (NZ)

Benefits seen in shared exports (NZ)

ExportNZ is calling for the Government to encourage more collaboration between export-focused, small-to-medium-sized firms, reports The New Zealand Herald. ExportNZ executive director Catherine Beard said a new generation of managers were more open to collaborative exporting than their predecessors. Beard said small firms often struggled to get noticed overseas. Wine exporters, for example, could band together to have a bigger presence on retail shelves and save on shipping costs in the process, she said.

Wine seen as hook for tourism (NZ)

Queenstown is “underselling itself” in terms of winery tourism, a forum has been told. At a special-interest marketing forum about wine and winery tourism in the resort last week, Gibbston Valley Wines Ltd chief executive Greg Hunt said one out of 11 international tourists in Australia visited a winery, with between 5% and 15% of domestic tourists counting winery visits as a preferred holiday activity, reports Otago Daily Times. “We could be welcoming these figures. There are about 60,000 to 80,000 visits to Gibbston a year. If we can get a collective going… imagine what that number could be.”

China’s wealthy wine drinkers help revive Australian vineyards (US)

Australian vineyards, such as Ferngrove in Western Australia’s Frankland River, facing a wine glut, slumping exports and rising competition from countries including Chile and Argentina, are turning to China for salvation. Chinese buyers are proving receptive as they seek to meet surging demand among the nation’s rich, who are developing a taste for grape wine and the expression of wealth it conveys, reports Bloomberg.

TWE says wine sector still ‘challenging’

Treasury Wine Estates (TWE) says trading conditions remain challenging but that the company is well placed for growth, reports AAP. TWE’s brands include Penfolds, Wynns, Seppelt, Saltram, Coldstream Hills, Matua Valley, Beringer and Chateau St Jean. “The fundamental, long-term trends underpinning demand in our industry are robust,” TWE chairman Max Ould told shareholders at the company’s annual general meeting in Sydney on Tuesday. “While trading conditions remain challenging, the board is confident that Treasury Wine Estates is very well positioned for growth.”

McLaren Vale’s red wine winners

McLaren Vale has again confirmed its reputation as a red wine region at the 2011 Cartesian McLaren Vale Wine Show. The three-day show, which featured more than 650 wines, culminated with the annual awards night at Hardys Tintara Winery last Friday, October 21. Twenty trophies and four highly commended certificates were awarded by the judges, similar to previous years, reports Southern Times Messenger.

Cheers to the king of the Barossa Valley

One of Australia’s most celebrated wineries, Seppeltsfield, has expanded its ownership of vineyards in the Barossa Valley by 500 per cent. The winery yesterday bought a majority share of the former managed investment scheme, the Barossa Vines Limited Group, in a substantial restructuring of the business that involves the repayment of a major debt to BankSA, reports Adelaide Now.

Treasury Wine Estates to retain Foster’s technology

Treasury Wine Estates will continue to share technology and other infrastructure with Foster’s after its proposed takeover by SABMiller, chairman Max Ould told shareholders yesterday. Speaking at the company’s first annual general meeting since being demerged from Foster’s in May, Mr Ould said the two companies would still have some crossover by the time SABMiller took control of Foster’s in December, reports The Australian.

Vignerons warn Huntlee will scar the Valley

Hunter Valley vignerons say New South Wales’ largest housing development proposed for the region will be a visual scar on the local landscape. The $1.5 billion dollar Huntlee development at Branxton would include thousands of new homes. But the project is currently the subject of a Supreme Court appeal, after the Land and Environment court overturned its state significance status, reports ABC Newcastle.

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