Academia disgrace Treasury Wine Estates gamble

Academia disgrace Treasury Wine Estates gamble

Wine Australia wobbles Dr Liz Waters, general manager, RD&E, Wine Australia (WA), replies to TKR’s questions concerning the paper, ‘I like the sound of that!’ Wine descriptions influence consumers’ expectations, liking, emotions and willingness to pay for Australian white wines. By Lukas Danner, Trent E Johnson, Renata Ristic, Herbert L Meiselman and Susan EP Bastian. […]

Australia meets and beats the global challenge

Australia meets and beats the global challenge

Meeting the challenge Australian wines have risen to the challenge at the International Wine Challenge in the UK. Below is the list of trophy winners. Congratulations to all from TKR, though some categories are stretching a point: how many wines were eligible for the Frankland River Cabernet Sauvignon Trophy? That aside, let’s hope the wines […]

Interview Sarah Marquis Mollydooker Wines

Interview Sarah Marquis Mollydooker Wines

Good golly, Ms Molly It’s a big week for McLaren Vale-based Mollydooker Wines as Sparky Marquis bows out of the company and Sarah Marquis takes full control. Sarah and Sparky have parted ways. The personal reasons are theirs and theirs only, but the future of the brand is important. The Mollydooker style is one of […]

Terroir wars, academics come to battle

Terroir wars, academics come to battle

Academic arguments Like the planet, the subject of terroir continues to revolve. TKR thinks it’s certainly a subject that will continue to incite argument among wine folk (and quite a few who are not involved in wine but not short of opinion) for as long as grapes are grown and wine made on this Earth. […]

Roy Morgan report and the mighty Dan’s

Roy Morgan report and the mighty Dan’s

Roy report The latest Roy Morgan report on Australian alcohol consumption says $14.5 billion was spent in the off-premise sector in 2016. The supermarkets and their associated retail chains accounted for about 75 per cent of sales.  The remaining 25 per cent was made up of independents and pub/hotel bottle shops. The mighty Dan’s raked […]

Treasury Wine Estates French adventure

Treasury Wine Estates French adventure

Spreading the treasure Treasury Wine Estates (TWE) has announced it will launch a range of French wines targeted at the Chinese and general Asian market. It is certainly spreading the treasure. TWE is not giving anything away but has created plenty of speculation. Media reports say the range will consist of red wines from Bordeaux, […]

Snobby wine folk masturbating over single sites

Snobby wine folk masturbating over single sites

Define terroir time Forget snobby wine folk masturbating over single sites, or Wine Australia’s meaningless and misleading statement that defining terroir will lift the price for all Australian wine around the world. It’s time to define terroir. That is, define terroir for the consumer, not the vinous masturbators. Is it fact or bullshit? Is the […]

Wine Victoria Policy Priorities report

Wine Victoria Policy Priorities report

Victorian values The Wine Victoria (WV) Policy Priorities report has been out for some time (since July 2016) but has just come TKR’s way. The basics, as per the report: 21 regions 800 wineries 3000 vineyards 25,000 hectares of vines The bad news being: “A membership survey conducted by Wine Victoria found that 65 per […]

Liquid treasure for TWE, That Yellowtail ad

Liquid treasure for TWE, That Yellowtail ad

Liquid treasure Treasury Wine Estates (TWE) has released half-year results to 31 December. They prove there is treasure to be found in vinous liquid. The basic figures: Revenue: $1368 million, up 19.9 per cent Earnings before interest, tax, SGARA and material items (EBITS): $226.8 million, up 58.8 per cent Net profit attributable to members of […]

Wine Australia, fact or fantasy? USA rosey

Wine Australia, fact or fantasy? USA rosey

Fact or fantasy Wine Australia (WA) claims research on Australian shiraz terroir will lead to higher prices and recognition. Is this fact or fantasy? Obviously WA believes it to be fact. Others, such as TKR, think it fantasy. The media release announcing that $5.3 million is to be spent on understanding and refining the expression […]

Blockbuster start thanks to Wine Australia

Blockbuster start thanks to Wine Australia

Blockbuster start Wine Australia (WA) has started the year in blockbuster fashion with the news that it is to spend $5.3 million on new research. The centrepiece research will be on understanding and refining the expression of Australian shiraz terroir. One can understand the interest but not the reasoning. Deputy chair of Wine Australia, Brian […]

Key Report news for 2016, the year of?

Key Report news for 2016, the year of?

2016: the year of…? How can 2016 be summed up? Was it a year of progress, decline or stagnation? Below is a month-by-month account of 2016, seen through the reports in TKR. The italics are comments written on 21 December. JANUARY: Woolworths did not have the best of years [2015] and enters 2016 with its […]

Accolade Wines triumphant march

Accolade Wines triumphant march

Triumphant march Accolade Wines has started a roadshow, or better put, a triumphant march, to show its strength, worth and greatness to potential investors. What it offers is a huge array of brands, from cask to top end, especially as it now boasts the recently acquired Croser, Petaluma, Knappstein, St Hallett, Stonier, Wither Hills, Te […]

Aldi hurting Metcash, LVMH buyback

Aldi hurting Metcash, LVMH buyback

Less cash at Metcash Metcash increased first-half sales to October 31 by just 0.3 per cent. But as the table shows, profit after tax dropped 38.6 per cent to $74.9 million: Liquor sales increased 1.6 per cent to $1.56 billion, accounting for 23 per cent of sales, and grew 4.6 per cent in EBIT to […]

Storm damage to vineyards brings tears

Storm damage to vineyards brings tears

Storm damage Vineyard damage along the Murray River due to storms this past week will wreak havoc for all the industry in 2017. It’s part of a bigger picture, according to the World Meteorological Organisation (WMO). It’s likely 2016 will be the hottest year on record, with global temperatures even higher than the record-breaking temperatures […]

Coles and Woolworths first quarter results

Coles and Woolworths first quarter results

Super duo Coles and Woolworths have recently published their first-quarter 2017 results. They’ve had a tough time in recent years, with Aldi and Costco taking market share and price deflation shaking the big two. An article in The Sydney Morning Herald by Madeleine Heffernan on November 6 included the following, which shows why consumers are […]