Australia

TWE’s COO makes abrupt departure

Robert Foye, the Chief Operating Officer of Australian wine giant Treasury Wine Estates, has abruptly departed the company due to a “breach of TWE’s internal policies”, the Australian company has announced in a statement.

China’s imported wine growth in 2018 clipped by sharp Q4 decline

China's annual imported wine growth recorded a decrease in value for the first time since 2015, adversely affected by a poor Q4 performance, leading to declines in import values from France, Australia, Italy and, worst of all, from Spain, as an economic slowdown grips the country.

‘Unfair’ tax on wine sets ‘provocative’ mood for post-Brexit FTAs

Increasing the tax on wine in the UK has been viewed as a “provocative” move by wine producing nations with whom the UK hopes to sign trade agreements after Brexit, MPs have been warned.

Australian company creates anti-counterfeit solution for China market

The problem of counterfeit wines has spurred an Australian company, YPB, to create a serialised QR code that promises to help Australian wineries keep track of their wines in their most profitable and problematic market, China.

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