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The overriding theme of 2016 is going to be quantities - with the region hit by terrible spring frosts and then mildew, the pressure on allocations is sure to be immense.

Burgundy 2016: A Complex Picture Emerges

Already a complex vintage for Burgundy’s producers, the 2016 wines themselves will require some careful selection and patience if buyers want to get hold of the highlights.

The deal will see Kevin Mitchell, the winery’s chief winemaker, and Warrick Duthy, managing director, remain in their current posts and keep their shares.

China's Changyu Buys Major Stake in Australia's Kilikanoon

China’s oldest winery, Changyu Pioneer, has bought an 80% stake in Clare Valley-based winery Kilikanoon Wines for AU$20.6 million, the latest purchase from the Chinese winery following acquisitions in France, Spain and Chile.

“The fundraising enables us to significantly invest in the business for further growth and to meet the increasing demand for our products,” said CEO, Frazer Thompson.

Chapel Down to ‘Accelerate Growth’ as it Raises £18.53m via Fundraising

Chapel Down has raised £18.53m through the issue of new shares, with the intention of raising a further £1.47m via an additional open offer for existing shareholders.

Steve Wood, managing director of Kukla UK, says China's status as Australia's most valuable wine market could form a potential “bump in the road” for some UK retailers.

“Bump in the Road” Predicted for Imports of Oz Wine

Retailers in the UK are being warned to take care when it comes to securing supply of Australian wine as increased competition from China and the US places pressure on exports.