Australia

China's Crowded Wine Market Offers No Lifeline For Struggling Global Industry

Australia's wine industry has cheered news that China will drop anti-dumping tariffs, re-opening its market to imports, but the tougher economic conditions...

Treasury Wine To Resume Distribution In China After Import Tariffs End

Treasury Wine Estates has announced that it plans to resume the distribution of some of its products in China, after the Chinese Ministry of Commerce said...

Sam Glaetzer To Lead Constellation Brands' Wine And Spirits Division

Constellation Brands has appointed Sam Glaetzer as the company’s new executive vice president and president of its wine and spirits division, succeed...

Sodium Content Casts Doubt On Health Benefits Of Plant-Based Foods, Study Finds

The level of sodium in plant-based food items could undermine the benefits that consumers associate with the category, according to GlobalData.

Australian Farmers Rip Out Millions Of Vines Amid Wine Glut

Millions of vines are being destroyed in Australia and tens of millions more must be pulled up to rein in overproduction that has crushed grape prices and...

Good Progress On Chinese Wine, Lobster Trade Barriers, Says Minister

China will complete a review into years-long tariffs on Australian wine by the end of March and is also reviewing its restrictions on lobster imports, Aust...

Australia’s Costa Group Appoints Marc Werner As New CEO

Australian fresh produce company Costa Group has appointed Marc Werner as its new chief executive officer, effective 1 March 2024.

South Africa's Woolworths H1 Profit Falls As Shoppers Spend Less

South African fashion retailer Woolworths reported a 7.5% fall in half-year earnings, as consumers pulled back on discretionary spending and the count...