Australia’s McWilliam’s Wines Group has returned to 100% family ownership after buying the remaining shares owned by E&J Gallo.
The clampdown on luxury goods gifting in China continues to hit the global spirits industry with Cognac announcing total exports are down both in volume and value for the year to July 2014.
New Zealand’s wine industry is about to reach an “event horizon”, says Justin Knock MW. Read more about what’s going on in the “truly global market for bulk wine”. Warning: it’s not pretty.