The growth of the bulk wine market may slow, but it is here to stay, according to expert panellist in a recent debate.
Smaller harvest in the Southern hemisphere are set to boost demand for bulk wine, the latest report from Ciatti has said.
Kingsland Drinks yesterday agreed to purchase Bottle Green Limited from DCC Food & Beverage UK Limited for an undisclosed sum.
Global wine inventories appear to be balanced, according to the latest wine report from Rabobank - but the report warns of variations in supply between the premium and generic ends.
The Australian wine market is becoming increasingly polarised as many bulk grape producers and grape wine growers appear to be on the brink of collapse, while premium wine producers seem to be growing in both value and volume.
Treasury Wine Estate is considering selling some of its wine processing infrastructure in Australia to free up resources to invest in its brands.
Australian Vintage is pulling back from bulk wine sales in the UK to focus on its core branded range as prices sink.
Wine shipments in and out of California face further delays as the labour dispute between port workers and their employers steps up a gear with vessel operations suspended over the upcoming long weekend.
Marks & Spencer will use a UK firm for the first time for its New World bulk wine bottling, after striking a deal with Manchester’s Kingsland.
California’s grape crush for 2014 hit 3.91 million tonnes, showing a “healthy decline” of 340,000 tonnes on the previous year, however the “ample inventories” of 2012 and 2013 means finding buyers for wine will be a challenge.