«Like every other
Australian wine business that exports to the UK, the unfavourable movement in the pound has negative impacted profit.»
«Casella Family Brands is an Australian, family - owned wine success story with the vision and expertise to continue the development of this iconic South
Australian wine business.»
Lion chief executive Stuart Irvine said on Monday that the size and the fixed cost base of
the Australian wine business meant that it didn't stack up on a return on investment basis compared with other opportunities in beer and cider where Lion has a much bigger business.
Not exact matches
Treasury
Wine Estates chief executive Mike Clarke says an «agreed road map» with powerful customers Woolworths and Coles has been important in a step - up in profits from the wine group's Australian business, as it eyes a 25 per cent share of the local mar
Wine Estates chief executive Mike Clarke says an «agreed road map» with powerful customers Woolworths and Coles has been important in a step - up in profits from the
wine group's Australian business, as it eyes a 25 per cent share of the local mar
wine group's
Australian business, as it eyes a 25 per cent share of the local market.
Before joining the
Australian wine giant, he was the general manager UK and Europe of rival company
Australian Vintage UK for eight years, after seven years running the domestic
Australian business.
Treasury, which makes
Australian brands Penfolds, Wolf Blass and Wynns and has been building up its United States premium
wine business after acquiring the former Diageo US
wine business for $ 754 million in late 2015, made the decision to start up a French brand from scratch earlier this year.
Constellation had bought 100 per cent of the
business, previously known as BRL Hardy, in 2003 at the top of the
wine cycle after a low
Australian dollar had fuelled significant growth in exports for the BRL Hardy brands.
Accolade is still 20 per cent owned by New York Stock Exchange - listed Constellation Brands which bought the entire
wine business for $ 1.9 billion in 2003 when it was known as BRL Hardy, and then sold down most of its stake in 2011 for a much lower multiple after a sustained slump in profits as the high
Australian dollar hit profit margins on exports.
In recent times we have seen strong China growth for
Australian businesses like Blackmores, Treasury
Wine Estates, and Elders — three
businesses capitalising on the Chinese demand for safe, superior and uniquely
Australian products.
Constellation originally bought the
business, previously known as BRL Hardy, in 2003 at the top of the
wine cycle after exports had soared, helped along by the low
Australian dollar.
«While consumer sentiment in our key geographies remains relatively subdued, we have seen good progress in our
Australian Beer, Spirits and
Wine business, as the beer market decline has started to slow and international brand owners have chosen to partner with Lion,» said Mr Irvine.
Accolade instead bought Lion's
Australian premium
wine business and focused on developing its new bottling facility in South Australia.
«Some in the
wine industry need to acknowledge that
businesses need to make money» - just - drinks talks to CHAMP CEO John Haddock Earlier today,
Australian private equity group CHAMP announced the d...
But McGuigan has persisted, and by keeping
Australian Vintage
wines on the shelves and in front of
wine drinkers in Britain, Canada and in the burgeoning Asian
wine market, he has positioned the
business to benefit from even the slightest movements of the currency in its favour.
Australian Organic is exhibiting at the event for the first time, in conjunction with
Australian businesses; Arcadian Organic & Natural Meat Company, Coolibah Herbs, Eco Farms, Gemtree
Wines, Kialla Pure Foods, Murray River Organics, Nature's Gift, Pana Chocolate and OZGANICS Organic Foods.
The
Australian wine executive who once ran the world's biggest wine business says Treasury Wine Estates shareholders should take the money and
wine executive who once ran the world's biggest
wine business says Treasury Wine Estates shareholders should take the money and
wine business says Treasury
Wine Estates shareholders should take the money and
Wine Estates shareholders should take the money and run.
The
Australian executive who once ran the world's biggest
wine business has clear views on the best prospects for the resurrection of Penfolds owner Treasury Wine Estates: shareholders should take the money and
wine business has clear views on the best prospects for the resurrection of Penfolds owner Treasury
Wine Estates: shareholders should take the money and
Wine Estates: shareholders should take the money and run.
The
Australian food
businesses owned by Chinese company Bright Food Group are set to form a large part of its initial public offering on the Hong Kong stock exchange, but the company has ruled out making a rival bid for Treasury
Wine Estates to expand the operations further.
But he warns that any move by new private equity owners to make short - term decisions with the broader Treasury
business would have a harmful impact on the entire
Australian wine industry.
Ed's contribution to sparkling winemaking, not just for our
business, but to the
Australian wine industry as a whole has been recognised by prestige industry publication Australian Gourmet Traveller Wine, which recognised Ed as its Winemaker of the Year in 2011, and also by the Australian Society of Viticulture and Oenology which nominated Ed as its Winemaker of the Year for 2015 in recognition of his contribution to Australian sparkling w
wine industry as a whole has been recognised by prestige industry publication
Australian Gourmet Traveller
Wine, which recognised Ed as its Winemaker of the Year in 2011, and also by the Australian Society of Viticulture and Oenology which nominated Ed as its Winemaker of the Year for 2015 in recognition of his contribution to Australian sparkling w
Wine, which recognised Ed as its Winemaker of the Year in 2011, and also by the
Australian Society of Viticulture and Oenology which nominated Ed as its Winemaker of the Year for 2015 in recognition of his contribution to
Australian sparkling
winewine.
This
business model focused on brand development of
Australian imports for the
wine club channel of the US market.
Leveraging his industry experience and
Australian contacts, he dove head first into
business, launching Aussie
Wine Direct.
«What this means is that in three years» time I expect that family - owned brands will be a billion - dollar
business in
Australian wine retail, and that's a remarkable thing.»
Pernod Ricard, whose spirits brands include Absolut vodka, Beefeater Gin as well as GH Mumm champagne and
Australian wine Jacob's Creek, is speculated to be interested in some of the Treasury Wine Estates business and is being pointed to today for the sudden run up in the share pr
wine Jacob's Creek, is speculated to be interested in some of the Treasury
Wine Estates business and is being pointed to today for the sudden run up in the share pr
Wine Estates
business and is being pointed to today for the sudden run up in the share price.
Last month rival
wine producer
Australian Vintage reported the unfavourable exchange rate — primarily the fall in Sterling on the back of the Brexit vote — had cost the
business AU$ 10.5 million in the first six months of the year, with UK / European sales falling 18 % as a result, despite a rise in branded sales.
But Mr Taylor said the decline in the
Australian currency over the past few months has been a plus for the Taylors
Wines business and brought some much - needed optimism to the industry.
Australian businesses; Arcadian Organic & Natural Meat Company, Coolibah Herbs, Eco Farms, Gemtree
Wines, Kialla Pure Foods, Murray River Organics, Nature's Gift, Pana Chocolate and OZGANICS Organic Foods are all part of the multi level
Australian Certified Organic display at SIAL China 2015.
Asia's largest food and beverage show kicks off today featuring nine
Australian organic food and
wine businesses.
«The 160 year - old
Australian Hardys brand is at the heart of the
business, and is the number one selling
wine in the United Kingdom.
Accolade
Wines is one of the world's largest
wine businesses, with leading
Australian brands, Hardys, Grant Burge
Wines and Banrock, South African Flagstone, Fish Hoek and Kumala, Californian Geyser Peak, Atlas Peak and Echo Falls and New Zealand's Mud House and Waipara Hills.
«Our
business has cemented its position as the leading supplier of New World
wines in recent years, building on its
Australian, Californian and South African portfolio through the acquisition of brands in key appellations such as Sonoma County, through Geyser Peak, and Napa Valley through Atlas Peak in 2012, and in 2014 included premium New Zealand regions through the acquisition of Mud House and Waipara Hills.»
The successful applicant will have: • Bachelor's Degree (completed no more than three years ago) in the disciplines of: o Viticulture and Oenology; or o
Wine Science; or o Wine Growing; • Australian work rights; • Demonstrate motivation to further develop your knowledge and skills in Winemaking; • Strong desire to pursue a career in a leading premium global wine business; • Have a true passion for wine; and • Have an innovative mindset and a convivial spi
Wine Science; or o
Wine Growing; • Australian work rights; • Demonstrate motivation to further develop your knowledge and skills in Winemaking; • Strong desire to pursue a career in a leading premium global wine business; • Have a true passion for wine; and • Have an innovative mindset and a convivial spi
Wine Growing; •
Australian work rights; • Demonstrate motivation to further develop your knowledge and skills in Winemaking; • Strong desire to pursue a career in a leading premium global
wine business; • Have a true passion for wine; and • Have an innovative mindset and a convivial spi
wine business; • Have a true passion for
wine; and • Have an innovative mindset and a convivial spi
wine; and • Have an innovative mindset and a convivial spirit.
By the time of his death in 1912, he would be hailed as the father of the South
Australian wine industry, having first realised the potential of the now world - renowned region of McLaren Vale and, through his Tintara winery, built his
business into one of the nation's largest winemakers.