Movement in the Yarra: Brown Brothers has agreed to purchase the Innocent Bystander brand from Giant Steps and De Bortoli has bought the 18-hectare Lusatia Park vineyard at Woori Yallock from Stephen Shelmerdine.
Flyin’ wine: An interesting article appeared in The Malta Independent on April 3 on the Emirates Airline wine program. Some stats from the article:
- In 2015 the airline purchased more than 13 million bottles of wine worth US$140 million
- The wines are for all three cabins, and most will only be served on board in seven to 10 years
- In 2015 Emirates customers consumed 11.4 million bottles of wine across all classes
- Since 2006 Emirates has invested US$690 million on wines, some of which will only be ready for drinking in 2025
- The Emirates wine cellar currently stores 2.2 million bottles of vintage wines
- Of the 2015 wine purchases for first class and business class, 1.8 million bottles came from the Bordeaux region
Sky’s the limit: Vinomofo, the online retailer of discounted wine and fun, has raised $25 million from Blue Sky Venture Capital. It’s good news for one of the best outfits in the business. Congratulations from TKR. Also expanding is English winemaker Chapel Down, which has raised £1.7 million ($3.17 million) from a share placing and crowdfunding campaign to build a new beer and cider brewery. The winery is Kent based and it’s estimated a third of the money raised came from investors living in the county.