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A fresh takeover trend has gathered pace in Australia's wine industry after Hardys owner Accolade Wines said it had agreed a deal to buy Grant Burge Wines in Barossa for an undisclosed fee. The view from the tasting room at Grant Burge's Meshach Cellar in Barossa Accolade, which is itself 80% owned by Sydney-based Champ Private Equity, said it has agreed to acquire the Gran ...
Over 100 icons of the wine world gathered in Shanghai on Saturday to take part in Decanter's first wine event in mainland China, the inaugural Decanter Shanghai Fine Wine Encounter. The star-studded occasion, held at The Ritz-Cartlon in Pudong, saw more than a thousand wine-lovers pass through its doors, as an exclusive day of world-beating masterclasses, seminars and walk-a ...
Three men have been fined and sentenced to prison for an attack on a group of Chinese wine students in Bordeaux, which left one victim requiring surgery. Chateau La Tour Blanche, where the students were attending a wine school during their visit. Bordeaux’s Tribunal Correctionnel sentenced all three men, aged between 21 and 23, to up to two years in prison, with further suspended sentences.
Talk of Bordeaux's resurgence in the US fine wine market has been placed in context by Sotheby's and Wally's auctions that saw Burgundy and Rhone estates command the top prices. Burgundy fuelled total Wally's sales of US$5.6m in the second part of its Roy Welland Collection auction, held in Los Angeles on 21 and 22 November. It had expected the wines to sell for a maximum $5.5m.
Laura Jewell MW is to leave her role as Tesco's head of wine product development to become Wine Australia's director for the UK and Europe. Wine Australia brought forward its official announcement of Jewell's appointment following trade media speculation. She is to take up her new role on 23 February next year, the trade body said today (27 November).
Heracles, the troubled online wine merchant formerly known as 1855.com, has been released from administration by the Tribunal de Commerce in Paris. The Tribunal accepted the company’s business plan, which included offering replacement bottles of Bordeaux Superieux to clients who were still owed Bordeaux en primeur wines.Formerly called 1855.
Medal-winning wines from this year's Decanter Asia Wine Awards are being showcased by key retailers and top venues across Asia in the coming weeks, giving wine lovers the chance to try some of the best wines available in their markets. The ASC Wine Residence in Shanghai is of a number of top venues showcasing DAWA winesA series of promotions on award-winning wines, including ...
Chateau Beychevelle is to build a winery housed almost entirely by glass to allow visitors and passers-by to see behind the scenes at the fourth growth St Julien estate. Chateau Beychevelle is known as the Versailles of the Medoc. In a further sign that Bordeaux’s estates are increasingly willing to open up to the public, Beychevelle’s glass-walled winery would it make vats ...
Plans for a new Cote d'Or appellation that would have stricter production rules than the basic Burgundy AOC is threatening to cause a rift between winemakers and negociants. France's national appellation body, INAO, is reviewing an application for the Cote d’Or appellation, according to the federation of Burgundy negociants.
A rare wine grape dubbed 'Cassanova' because of its role in parenting so many of the world's leading varieties is one step further from extinction thanks to Swiss volunteers and a leading scientist. Image credit: Wikipedia / Dr Joachim Schmid / Martin Bahmann Once shunned, Gouais Blanc (pictured) earned new respect 15 years ago when a study showed it was the mother grape of ...
Independent wine shops have enjoyed a resurgence in the UK in the past few years, according to a new study, suggesting more consumers are willing to avoid supermarket aisles. The shop front at Roberson, which won a Decanter Wine Retailer of the Year award for California wines earlier this month.
Australia's wine sector is braced for more mergers and acquisitions after Hardys owner Accolade Wines said it was in talks to buy award-winning Grant Burge Wines. The view from the tasting room at Grant Burge's Meshach Cellar in BarossaAccolade, which is controlled by Sydney-based Champ Private Equity, confirmed that it was in 'exclusive discussions to acquire the award-winn ...
Mike Roberts MBE, a pioneer of English wine and co-founder of one of the country's best-known estates, Ridgeview, has died. Mike Roberts MBE, 1943-2014. Image credit: Ridgeview Roberts' death was announced by his family on Friday (14 November), prompting a series of tributes from across the trade.
Burgundy’s Hospices de Beaune auction has seen sales top €8m, a record total for the third year in a row, but negociants warned the result was 'troubling' for the market. Those leading the auction included former Slovak fashion model Adriana Karembeu. Image: Christie's The 154th Hospices de Beaune auction, held over the weekend, fetched €8.
Yellow Tail wines owner Casella has agreed to buy rival Australian wine group Peter Lehmann in a deal that values the company at A$70m. Donald Hess, chairman of Hess Family Wine Estates Family-owned Casella has agreed to pay A$1.5 per share to acquire Hess Group's 85.7% stake in Peter Lehmann Wines.