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Australian wine giant Treasury Wine Estates has confirmed the acquisition of Wetherall Coonawarra Vineyards.

Treasury Wine Estates purchases Coonawarra Estate

Australian wine giant Treasury Wine Estates has confirmed the acquisition of Wetherall Coonawarra Vineyards in south-western Australia’s Coonawarra wine region for an undisclosed sum.

Taiwan is estimated to have imported US$183 million worth of wine last year from the UK.

Wine is Preferred Tipple in Taiwan

Taiwanese who drink alcohol will tend to choose wine over beer and spirits, according to the findings by Taiwan Public Opinion Foundation (TPOF), a non-government polling organisation.

Sales of bigger-size bottles of wine are booming at chains such as Majestic and Waitrose. Photo: Graham Turner

Make mine a magnum: the rise of supersize wine bottles in Britain

The magnum bottle, once the preserve of bankers’ bonus celebrations, is entering the mainstream as supermarkets report a surge in sales.

Waitrose says purchases of magnums – twice the size of ordinary wine bottles – have doubled in the past year, while Sainsbury’s and Tesco each point to growth of more than 20%.

The decline in US wine exports mirrors a tailing off in growth of wine sales more generally in the US market.

Value of US Wine Exports Falls for First Time in Seven Years

The value of US wine exports fell by 5.5% in 2017 to $5.53 billion, drawing a line under seven years of consecutive growth, with the biggest decline seen in exports to the European Union, while volumes have soared in both Singapore and Hong Kong.

Nomadica, based in Los Angeles, sells canned wines from all over the world. Photo: Saksham Gangwar

Meet the Millennial Who's Breaking All the Rules of the Wine Industry

Nomadica is trying to change the wine industry with convenient, high-quality varietals.

Emma Toshack always enjoyed having some wine when she went to the beach or the pool behind her Los Angeles apartment building, but glass containers and public consumption of alcohol weren't permitted.