Australia’s McGuigan Wines has launched the 2016 vintage of its Bin 9000 Semillon in Asda supermarkets nationwide.
McGuigan is betting on the future of Australian Malbec believing it could be the next big variety out of Australia, with chief winemaker Neil McGuigan revealing that the producer is working to plant as much of the variety as possible.
Australian Vintage has argued that despite the Brexit “speed bump” which impacted its half-year results by AUS $10.5 million, opportunity remains for further growth in the UK market.
Australian Vintage (AVL), the parent company of the McGuigan, Tempus Two and Nepenthe wine brands, has attracted a lucrative financial investment from YesMyWine, China’s biggest online wine retailer, which will raise AU$16.5 million in capital.
